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China’s carmakers are beating internet start-ups in the battle for supremacy in the world’s largest electric vehicle market

Summary:
[unable to retrieve full-text content]Beijing’s encouragement has fired up China’s new energy vehicle sector, pitting start-up electric vehicle (EV) makers against its more established conventional carmakers.But while US carmaker Tesla has reported rising sales and three New York-listed Chinese EV companies have seen their stocks skyrocket recently, industry observers say the established players will overtake these carmakers on their own turf.“Conventional carmakers still have an upper hand over the upstart EV makers in terms of…

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[unable to retrieve full-text content]
Beijing’s encouragement has fired up China’s new energy vehicle sector, pitting start-up electric vehicle (EV) makers against its more established conventional carmakers.But while US carmaker Tesla has reported rising sales and three New York-listed Chinese EV companies have seen their stocks skyrocket recently, industry observers say the established players will overtake these carmakers on their own turf.“Conventional carmakers still have an upper hand over the upstart EV makers in terms of…

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