The decision by Volvo Car and Renault to distance themselves...
The decision by Volvo Car and Renault to distance themselves from their EV ventures reflects a shift in investor sentiment, as cash-burning EV spinouts are currently seen as undesirable.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.