EV market demand big enough for everyone. If fundamental of the company is good. And in the correct segment, it should have good growth.
Tesla, Local Rivals Nio, Xpeng, Li Growing Together, Not Cutting Each Other's Market Share, Say Analysts<blockquote>分析师表示，特斯拉、本土竞争对手蔚来、小鹏汽车、理想汽车共同成长，不会削减彼此的市场份额</blockquote>
Tesla Inc and local electric vehicle rivals such asNio Inc are growing the electric vehicle segment together in China and not eating into each other's market share, Zhongtai Securities analysts said, asreported by cnEVpost.What Happened:Chinese electric vehicle makers such as Nio,Xpeng Inc,Li Auto Inc andBYD Co along with Teslareported robust delivery numbersin June.Tesla has stepped up the competition in Chinaafter introducinga lower-priced Model Y variant. The strategy has paid off as the Elon
Nio Expected To Gross 5% More EV Deliveries In 2021 Than Previous Forecast, Says CICC<blockquote>中金公司表示，蔚来2021年电动汽车交付总量预计将比之前的预测增加5%</blockquote>
China International Capital Corporation Limited has updated its forecast for Nio Inc, saying it expects the Chinese electric vehicle maker to sell 98,000 cars in 2021, 5% more than its previous estimate, as per a cnEVpostreport.What Happened:The China-based investment bank estimates Nio’s production and sales to remain strong in the second half of the year.Nio delivered 21,896 units in the second quarter,near the upper end of the company's 21,000- to 22,000-unit delivery guidance, in line with