151872513 : as a startup going straight into the mass market instead of premium carries its risks. Large inveatment into production without any experience is very dangerous, tesla almost went bankrupt due to a mass recall and that was with the experience of Model S.

151872513 : Possible, HK short ratio was at 50% 2 days ago. now at 28%.

151872513 Dragon Fish OP : not praying, going to increase my holdings, bank transfer is delayed by a day. hoping i can get more in tomorrow

151872513 102180832 : It has always been like that under a communist regeme. They have slow feedback from the market, by the time they understand what it needs they will need to undo a whole lot of changes.
What the communist regeme is good at is rapidly develop an industry out of nowhere, whether it ia EVs, semiconductors, commericial planes etc...as they can direct a nations wealth into a few sectors.
But yeah, your point is totally valid.

151872513 : I live in a western country for my entire life and I am pro democracy, but I got to be fair. it is the western countries that refuse to negotiate. These sanctions and tariffes were the results of shutting down any negotiation attempts.
As for the youths, they were actually destroyed by one child policy. Due to the culture is more family orientated than the individualism in western societies, parents there are willing to provide their children with more financial support and put up with their detachment from reality. The youths there refuse to take up any factory jobs despite there is a shortage of skilled labour in China because they can always fall back on their parents.
Their parents generation basically went into voluntary slavery in the 80s and 90s to work for US and European businesses that set up shop in China just to survive because they had nothing to fall back on.
Put it this way, my father is Chinese he had 4 other siblings, his oldest brother left home at the age of 15 to find work and forced to become independant. Because my grand parents couldn't afford to feed him anymore. My father was the fortunate one that got to leave at 18.
Image if all of them stayed home till their 30s and refused to work in labour jobs.

151872513 : Possible in december when q3 is released.

151872513 Dragon Fish : ONVO is compatible
Firefly isn't due to much smaller vehicle atleast that was what was published in July. it might have changed.

151872513 Dragon Fish : Yeah, I just read the news on the chinese site. They said for cost cutting reasons, firefly will use NIO existing swap system.

151872513 : https://i.ifeng.com/c/8dZ3Vr2NtcQ

151872513 : I don't doubt it will recover. I think the chinese market is just spooked.
NIO deliveries has been quite stable and consistent in the past few months around 20k, ONVO I am even less concerned about, as they have orders going into next year. The only question is how much they can produce and deliver. Expectation is 5k this month which is very realistic considering they have promised to deliverer 30k locked in orders by the end of the year.