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Electric vehicle: Chinese dominance accelerates the end of gasoline engines

Electric vehicle manufacturers are moving the industry and leaving international companies far behind, according to reports. Government support for electric vehicles coupled with growing consumer interest has allowed Chinese companies to dominate their domestic market – the world's largest car market.Electric car companies are well aware that they are starting to catch up with their predecessors on fossil fuels. There is now a proliferation of electrical products in China, "and it changes the whole market," says Mike Johnstone, a senior executive at British luxury brand Lotus. There are now more than 5.8 million charging stations in China.

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