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International Business Times
International Business Times
Business
AFP News

China's Competitive Car Market At Heart Of Global EV Revolution

Xiaomi is the latest Chinese firm to enter a highly competitive EV market (Credit: AFP)

China is the biggest electric vehicle market in the world, a battle royale featuring both established carmakers as well as upstarts such as Xiaomi, which launched its first EV on Thursday.

EV makers from China have made inroads into markets from Europe to Southeast Asia and Tesla's Elon Musk described them in January as "the most competitive car companies in the world".

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