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Founder Securities: Excellent domestic brands are expected to quickly enter the Europe market, with a focus on BYD and others.
China Securities published a Research Report stating that the removal of tariffs in the EU electric vehicle market is expected to create a clear growth space, and Chinese auto companies are likely to open up a second market. The minimum price restriction provides good assurance of profitability for auto companies, and China's excellent electric vehicle brands are expected to quickly penetrate the European market through differentiated competitive configurations such as intelligence and three-electric systems. Key focus on BYD Company (01211), XPeng Motors-W (09868), SAIC Motor Corporation (600104.SH), LEAPMOTOR (09863), Geely Automobile (00175).
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