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Locally branded models driving China electric car boom

In Shanghai last year, a two-door battery electric Chery eQ cost around 60,000 yuan (S$12,430) after subsidies. Without subsidies, the eQ would cost an additional 100,000 yuan or so.


MORE electric cars are sold in China than in the rest of the world combined, but are mainly locally branded models that are cheaper and have a shorter range than those offered by foreign carmakers such as Tesla and Nissan.

The Chinese-branded electric vehicle (EV) market is...

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