China Jul EV sales preview: Deutsche Bank expects Nio at 21,000, Tesla 42,300, BYD 345,000
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Deutsche Bank has released expectations for electric vehicle sales in China, with varying projections for different months and companies. The bank's estimates suggest that BYD may lead in sales, potentially overtaking Tesla, while Nio's sales are also expected to be significant, with its best-selling SUV expanding its customer base. However, the outlook for these companies' sales is uncertain, with Deutsche Bank warning of potential fluctuations and changes in demand.
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