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Electric Vehicles Accelerate China's Looming Dominance As Car Exporter

04 Jun 2022 | Abstracted from Straits Times

"China's car exports are taking off, many of them are electric vehicles and most are going to Europe. From almost nothing a few years ago, China exported half a million electric vehicles in 2021, and its market share in Europe was second only to Germany's. As the car market goes electric, Europe could quickly find itself running a trade deficit with China in automobiles."

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