You should conduct more research instead of projecting as if you know something. You don't
Now, if you did your research, you would know the Chinese are very conservative (unlike the American).
At the start of 2023, they only projected sales of circa 8 to 8.5M NEV. It actually came to 9.5M NEV.
Now, you can go off and make all sorts of rubbish projections and latch onto any negative news (like NOT understanding the impact of CNY on sales), as if they are factual. But they are NOT.
I have been following the Chinese market for 5 years now. And I know how the Chinese like to under-estimate and over deliver - just like the 2021, 2022 and 2023 years.
Come back in Dec 2024 and see where the sales of NEV in China will be.
Good News & Bad News, page-39724
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