Despite strong performance in China's EV market, European demand remains weak, and U.S. consumers show declining interest in electric vehicles, increasingly leaning towards hybrids.
With July sales of EVs in China soaring 21%, the country is expected to usher in a future where the majority of vehicles operate on electricity, combating pollution.
The article suggests that while Tesla is popular among U.S. investors, certain Chinese EV stocks could offer significant long-term value that is often overlooked.
The assertion is made that the global EV market is primarily driven by China's growth, indicating potential investment opportunities in lesser-known Chinese EV companies.
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