Importantly, the higher the km range, the higher the rebate. Furthermore, this last article shows that Geely will reveal their EV450 400km model around March this year. I am sure others will be following suit, sooner rather than later. So one might expect, a spike in sales, as you have pointed out in the chart.
With each day that goes by, it is apparent demand will increase exponentially with new EV's hitting the market, not just cars but buses, scooters etc. The nay-sayers will only find it harder and harder to tout their rubbish. Time is not on their side.
GXY Price at posting:
$3.52 Sentiment: Buy Disclosure: Held