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Chinese Electric Vehicles Pose Stiff Competition in Global Car Market /
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2024-04-25 01:57:16

Chinese Electric Vehicles Pose Stiff Competition in Global Car Market on Nostr: Chinese Electric Vehicles Pose Stiff Competition in Global Car Market =============== ...

Chinese Electric Vehicles Pose Stiff Competition in Global Car Market
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#7695314f ver:0.16

Chinese tech giant Xiaomi is entering the electric vehicle market with its SU7 model, posing competition for Tesla and BYD. With a price tag under $30,000, Xiaomi's EV is cheaper than Tesla's Model 3 in China. Xiaomi's success in the EV market is attributed to its marketing capabilities and strong appeal among young consumers. Chinese EVs already make up 60% of worldwide sales, and Western countries are considering measures to protect their auto markets. The future of EVs looks promising with decreasing battery costs and growing popularity among consumers. #EVs #Competition #Xiaomi #Tesla...

#newstr #Xiaomi #EvMarket #Tesla #Byd #Xpeng #Volvo #ChineseEv #UsTradeWar #Tariffs #ElectricVehicles

https://here.news/story/7695314f?ver=0.16
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