The Chinese demand have increased by 33% this year, from last...

The Chinese demand have increased by 33% this year, from last year.

If it continues to the end of the year, that is will be 11.5M NEV cars sold. That is almost 3M more NEV cars than last year.

Further, US demand on Chinese is minimal - about 3000 cars were sold last year, so the tariff will have little impact.

EU is a different story. They imported 1M Chinese EV cars last year. However, I don't think they will impose the same tariff as they export a lot of cars to China too, so that will be impacted if they followed the US.

As to LTR and LLL, yes, they will be producing soon.

But it takes 6 to 12 months to ramp up to full production. LLL will be economical but will face challenges of sending multiple trucks through several countries. However, LTR won't be economical as they have similar cost structures to CXO - based on their own statements, they will be losing money at current prices.