Want to invest in China’s hot EV market? The pros share their take

China’s electric vehicle market is booming, with EV sales up 31% year-to-date. Analysts are optimistic about the sector’s growth, citing government subsidies, advanced technology, and new model launches as driving factors. BYD has been a dominant player, but smaller companies like XPeng and Nio are also gaining traction. Despite competition, BYD’s strong sales volume is expected to drive growth. Nio is seen as attractive for long-term investors, while Xpeng’s upside may already be priced in. Analysts believe BYD’s low cost structure and manufacturing scale give it an edge over competitors. Tesla, while also popular in China, is viewed as a premium brand rather than a low-cost option.