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China startup Nio gains USD 1 billion state funding to chase Tesla

EV maker’s crucial deal in Anhui follows attempts with Beijing and Shanghai.

4 mins read
  • The Alibaba-backed EV maker’s newest P7 has more range than any other vehicle available in China.

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    CHINA BRIEF | Xpeng launches new P7 with 706 kilometer range, challenging Tesla’s Model 3

    1 min read

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