....when promotional prices can no longer draw larger demand,...

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    ....when promotional prices can no longer draw larger demand, they will eventually end.

    ....we should see a tapering of Chinese EV growth in the months ahead.

    Li Auto unveils scaled-back car purchase incentives. A good sign and potential indicator that the price war in the Chinese auto market is easing.

    https://x.com/Thematicafunds/status/1816813902497218936
 
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