🚨Trade Alert 🚨 JZXN

This Little-known NASDAQ company may be one of the most promising EV plays aiming for growth in China’s EV revolution! ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ This Little-known NASDAQ company may be one of the most promising EV plays aiming for growth in China’s EV revolution! Greetings Investors, There are many ways the world is fighting climate change, but one of the most popular ways for consumers has been the shift to electric vehicles or EVs. Electric vehicles are helping to remove a major source of carbon emissions. One thing most people are aware of is that China has a lot of pollution. In fact, the country has led the world in annual carbon dioxide emissions since 2006! It makes sense that China is the world’s largest new energy vehicle (NEV) market. New energy vehicle (NEV) is a term that was coined in China for electric vehicles, which includes vehicles that are either partially or fully powered by electricity. Growing environmental pollution from conventional vehicles is a major concern that is projected to boost the NEV market for years to come. With low-cost, quality manufacturing potential, as well as a huge domestic market, Chinese EV makers look set for long-term growth. Some of the arena’s most notable contenders have been NIO Inc. and BYD Company. Warren Buffett's [Berkshire Hathaway owns about 6% of BYD,]( which ranked No. 170 on the Forbes Global 2000 ranking of the world's top publicly traded companies earlier this year. And of course, there is that electric vehicle giant Tesla. The Shanghai Gigafactory is Tesla's biggest car manufacturing plant outside the United States. In 2022, the company delivered 1.31 million vehicles globally, more than half of which were from Shanghai, according to [its financial results.]( But there is another relatively unknown player in China’s growing EV space… NASDAQ-traded Jiuzi Holdings, Inc., which trades at only a little over $1.00, is a leading new energy vehicle (NEV) dealership group operating under the brand name "Jiuzi" in China. Through its subsidiary, Zhejiang Jiuzi New Energy Vehicles Co., Ltd., the company franchises and operates retail stores that sell new energy vehicles, plug-in electric vehicles, and related components and parts in the People's Republic of China. China's EV market is the world's largest EV market. Around 2010, the Chinese government decided that they were going to nurture a clean green vehicle market. In turn, this is creating lucrative opportunities for companies such as JZXN. Since hitting a new 52-week low in August, shares have been starting to bounce back and could be setting up for more big moves to previous higher levels. The fact that JZXN also has a tiny trading float of only [a little over 2M shares]( could serve as a catalyst for rather quick volatility. This may be a solid time to have JZXN on your radar as the EV boom accelerates and China’s market continues to sizzle! [( Company Overview: JZXN entered China’s NEV industry at a relatively early point and has gradually developed brand awareness through marketing and promotional events, and consumer acceptance due to its competitive pricing and large selections of NEVs in third-fourth tier cities. The Company mainly sells battery-operated electric vehicles and sources NEVs through more than twenty NEV manufacturers. It has 51 operating franchise stores and one company-owned store. JZXN has a large number of franchisees and strong customer demand, which add to its leverage over supply chains in terms of selections and pricing. The company’s franchise stores have more space (5,000-12,000 square feet) compared to competitors and it has a wide range of business partners, both of which help it provide better customer experiences. Plus, the cost of launching a new franchisee is relatively low as compared to traditional 4S stores (4S refers to sales, service, spare parts and services), and it is easier to expand the company’s franchise stores to cover geographical areas and lower the advertisement cost for its franchisees. 4S stores generate most of their profits from after-market services and require higher initial investment as compared to JZXN’s franchise stores. In comparison to traditional 4S stores, the company’s franchisees are also able to carry multiple brands of NEVs. JZXN received the “2018 Zhejiang Business New Project” from Zhejiang Province Trade and Business Industry Association in 2018, and “Best Investment Potential” award from Leading Capital Summit for Mid to Small Business in 2019. A Massive Market: According to the Ministry of Public Security, NEV ownership in China reached an impressive 13.1 million by the end of 2022, showcasing a substantial increase of 5.26 million vehicles (a remarkable growth rate of 67.13 percent) compared to 2021. As the world's largest source of greenhouse gas emissions in recent years, China suffers from notoriously bad air pollution and NEV sales are climbing to help the country. The NEV industry in China is projected to eliminate conventional vehicular pollution and JZXN could be positioned to lead in a fast-growing industry. The development of new energy vehicles in China is of great significance to the entire automobile industry, and even to persist in taking the road of new industrialization and building a resource-saving society. In recent years, the environment in China has become more and more polluted with the development and progress of the working society. The air, water sources, and soil are all polluted to varying degrees; air pollution is particularly serious. Among the many pollution sources, the pollution of automobile exhaust is second to none. With the continuous advancement and development of China’s social economy, the living standards of residents continue to improve, and the demand for automobiles is also increasing. In all new energy vehicles, it is driven by pure energy. Pure electric vehicles are now most likely to be promoted and applied on a large scale. Electric vehicles are mainly powered by electricity. China recorded a new record month for sales of electric cars and plug-in hybrids in August. After a decline in July to around 780,000 units, around 846,000 of the so-called new energy vehicles were sold in August – with BYD alone accounting for 30 per cent. This is according to figures from the China Association of Automobile Manufacturers (CAAM). Chinese automakers continued to bet on overseas markets, as domestic growth eased, with exports surging 31% in August on-year following a 63% jump in July, data from CPCA showed. In Summary… China is a hot spot for EV penetration and companies in the sector could be poised for major growth ahead. Back in July, it was reported that [net first-half profit at BYD]( China’s EV leader backed by Warren Buffett’s Berkshire Hathaway, may have more than tripled from a year ago amid rising sales of EVs and improved market share. JZXN could become a leader in the all-electric charge happening in China and looks to be going undetected! As Chinese EV stocks like Nio and BYD continue to be discussed, JZXN is flying heavily under the radar and at around $1 could see blue-sky gains ahead! Copyright 2023 © SCDalerts.com is owned and operated by the owner of SCD Media LLC. 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