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Tesla, recharge: can China’s EV brands dethrone Elon Musk? Start-ups Li Auto, Nio and Xpeng are going global with cheaper electric cars for all The Nio EP9, one of the fastest electric cars in the world and a another sign of China’s growing presence in all segments of the EV market. Photo: AFP Can China produce a car to take on Tesla? Last year saw two models account for 20 per cent of sales for plug-in electric cars, or what China calls new energy vehicles (NEV). The made-in-China Tesla Model 3 went on sale right at the beginning of 2020, and went on to claim 11 per cent over the year. The ultra-compact Wuling Hongguang Mini EV, released in the middle of the year, took second place, with retail prices starting as low as 28,800 yuan (YS$4,400) helping it eclipse Tesla sales in several calendar months. ....
5G connected cars to contribute 40% of total car sales in China by 2025 Updated Dec 21, 2020 | 16:15 IST The sales volume of 4G connected cars are expected to reach 7.8 million units in 2020 to account for 95 per cent of the country s total connected car sales volume, according to a new report. 5G connected cars to contribute 40% of total car sales in China by 2025 5G connected car sales volume in China will reach 7.1 million units in 2025, accounting for 40 per cent of the country s total connected car sales volume, according to latest research. The sales volume of 4G connected cars are expected to reach 7.8 million units in 2020 to account for 95per cent of the country s total connected car sales volume, according to Counterpoint Research s Smart Automotive service. ....
5G connected cars to take 40% of China market by 2025 daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.