China EV competition entering new phase
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
China's electric vehicle industry is entering a new phase of competition. The country's carmakers are reportedly surging ahead of european and japanese manufacturers in the global ev market, with exports increasing, but domestic demand may be slowing. Some chinese ev manufacturers are expanding globally and offering incentives, while others are cutting jobs despite record sales.
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