Globe News, November 27 | Bernstein analysts wrote in a report that the electric vehicle market in china will continue to see strong growth in 2025. They stated that the sales outlook for the electric vehicle market in china remains vibrant, with an expected sales increase in the industry of about 20% to 25% next year. Although there may be some setbacks in the short term after the government's trade-in policy expires at the end of the year, competition in the chinese market is still expected to be very intense, which may put pressure on pricing and profitability. They added that the growth rate of plug-in hybrid vehicles may exceed that of the overall market. Among auto manufacturers, Bernstein is bullish on BYD and Li Auto, maintaining an 'outperform large cap' rating.