Read the latest articles here , here and here
The weekly chart shows all 3 EV companies have broke out of its weekly bearish trend with Li Auto reaching its previous peak yesterday.
The EV market dominated by China is one of the pillar that it wants to focus in the coming decades as evidenced by the extension of the NEV tax reduction (read here)
If you are not keen on buying auto companies, there are downstream players in the supply chain that you can consider , such as battery manufacturers or raw material suppliers (see here)
Please DYODD and make your own informed investing decision. All the best !
The weekly chart shows all 3 EV companies have broke out of its weekly bearish trend with Li Auto reaching its previous peak yesterday.
The EV market dominated by China is one of the pillar that it wants to focus in the coming decades as evidenced by the extension of the NEV tax reduction (read here)
If you are not keen on buying auto companies, there are downstream players in the supply chain that you can consider , such as battery manufacturers or raw material suppliers (see here)
Please DYODD and make your own informed investing decision. All the best !