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... new energy car brands established in the past two years, and countless others were still watching and waiting.

He predicted that next year the number could surpass 40, but according to the industry’s 90/10 rule, only about 8 of those 40 would survive in the end.

Just like the early days of mobile phone brands, such as Jinli, Tianyu, Coolpad, Lan Mo, etc., some were acquired, while others went bankrupt.

The car circle was even more brutal because the foundation of brands ...

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