Expect Sales of EVs to surge in the next few quarters - Wow
Good Report - Key Point Made Below:
"Given that the long awaited government subsidy policy for EVs is finally in place, we expect that sales of EVs will surge in the next few quarters, especially as the Public EV Sharing Project has progressed well. The trial operation of the Project has been going smoothly and the customers' feedbacks are positive. We remain optimistic about this business model of EV sharing for public transportation and believe it will greatly improve the efficiency of urban transportation and help ease major urban issues in China. We look forward to expanding this concept of public EV sharing into new regions in the near future." concluded by Mr. Hu.