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OpEd: China Powers Ahead In Global Electric Car Race

08 Aug 2022 | Abstracted from SCMP

"Tesla...overtaken by Chinese rival BYD for sales. That should come as no surprise given China's booming demand for clean-energy vehicles and surging exports...The nation accounts for almost 60 per cent of global production and is emerging as the world's factory for EVs.

"Half of China's almost 500,000 EV exports last year were sold to Europe, where demand increased fivefold..."



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