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Shanghai-centered NIO faces tough Level of competition inside the race for EV supremacy. Would customers in other markets embrace their expansion?

Use of returns may be either arithmetic regular or geometric normal but geometric average is a lot more appropriate then arithmetic ordinary as arithmetic normal is reflecting straightforward return around a period of time on First investment decision, no matter the money gain from interval to period. Nonetheless, geometric common reveals compound return, which makes balance of financial investment value of past year a principle foundation for calculation of up coming year’s return i.

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