Interesting Electric Vehicles
Looking for support here around $4.90 to $5.00 with lots of negativity by some commentators. However, their last quarter sales met expectations so the future may be not so dim considering about a million electric vehicles are expected to sell this year in China. Bloomberg article indicates that 2.7 million EV to sell worldwide in 2019 with 57% of them in China. Hopefully they will capture a reasonable market share of the high end EV's sold in China. Although government subsidies have been reduced, there is a real effort in China to move away from fossil fuels, anyone who cares to speculate should find this company worth consideration. Worth looking at their website.