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China's auto industry poised for growth with focus on smart innovations
UBS forecasts modest growth for China's passenger car industry in 2025, particularly in the second half, driven by government consumption stimulus. The report highlights LI AUTO-W as a top pick due to its strong AI R&D and market potential, while also noting BYD COMPANY, CATL, and GWMOTOR as key players in smart innovations. Concerns remain for XPENG-W due to its high valuation and competitive pressures.
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