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The Chinese EV market is witnessing rapid development, with several new companies venturing into this space. Analysts expect the Chinese EV market to register a 31% CAGR between 2021 – 2026.
Given this backdrop, Wall Street analysts expect fundamentally sound Chinese EV stocks NIO Inc. (NIO), Li Auto Inc. (LI), and Niu Technologies (NIU) to rally by 25% or more in the near term.