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In today's consumer landscape, young shoppers are becoming more and more discerning, with their purchasing objectives increasingly well-defined. Recent media coverage has highlighted a trend where certain consumers are taking advantage of low prices to snap up vehicles from defunct brands like WM Motor and Neta. Additionally, they're also considering used models such as the Jiyue 07 and HiPhi X from HiPhi. When weighing their options, these buyers are primarily guided by the vehicle specifications, paying close attention to details like 'a 100 kWh CATL ternary lithium battery, a Qualcomm 8295 chip, double-wishbone suspension, and a hefty 30% discount off the original price.' It's important to note that these consumers aren't placing their hopes on a potential comeback for these struggling brands. Instead, they're banking on the proven reliability of CATL's battery cells.
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