There is alot in the media saying the ev market in China is to tank in 2023 because the government benefits stop in the new year.
China Inc and Chinese EV makers have been in discussions on extending EV benefits this year.
From this official document they have been extended.
http://szs.mof.gov.cn/zhengcefabu/202209/t20220926_3842633.htm
I don't see a slowdown coming in China in 2023 due to covid or economy as it should have happened this year if this was the case and definitely there is no negative trend for this qtr.
The EV momentum in China is so strong, I would say EV'S will take a greater % of new carsales in 2023.
Buying an EV bubble car for local transport means avoiding trains, subways, random testing, infection etc
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