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NIO, Xpeng and Li Auto needn’t concern euphoric demand for Tesla’s cheaper Mannequin Y, analysts say

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William Li, founder and CEO of Chinese EV maker NIO, unveils the ET7 sedan in this file photo from January 9 this year. The car, which sells for 448,000 yuan, underlines the fact that Tesla’s Chinese competitors are not competing for the same customers. Photo: Reuters William Li, founder and CEO of Chinese EV maker NIO, unveils the ET7 sedan in this file photo from January 9 this year. The car, which sells for 448,000 yuan, underlines the fact that Tesla’s Chinese competitors are not competing for the same customers. Photo: Reuters

William Li, founder and CEO of Chinese language EV maker NIO, unveils the ET7 sedan on this file picture from January 9 this yr. The automobile, which sells for 448,000 yuan, underlines the truth that Tesla’s Chinese language opponents are usually not competing for a similar prospects. Picture: Reuters

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