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China’s conventional carmakers see red as EVs zoom past

China’s conventional carmakers see red as EVs zoom past

FILE PHOTO: Employees work on an electric vehicle (EV) production line during an organised media tour to a factory under Jiangling Group Electric Vehicle (JMEV), in Nanchang, Jiangxi province, China May 22, 2024. REUTERS/Kevin Krolicki/File Photo

As government support has been pivotal in the meteoric rise of new-energy vehicles (NEVs) in China, some traditional carmakers are complaining that they aren’t competing on a level playing field with their NEV counterparts.

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