Didi Sells Dapper Car Arm to China’s Xpeng

Didi Sells Dapper Car Arm to China’s Xpeng

Didi Worldwide Inc. has agreed to sell its good car type arm to Xpeng Inc. for $744 million, exiting a promising industry on the earth’s ideal electric automobile market. Linda…

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Abandoned EVs Begin to Pile Up  in Cities Across China

Abandoned EVs Begin to Pile Up in Cities Across China

A subsidy-fueled divulge helped device China into an electrical-car big, but with an economic slowdown and an complete bunch of shuffle-hailing corporations going bust, the country is facing a extra…

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China’s Electrical Automobile Market Bubble Is Starting up to Deflate

China’s Electrical Automobile Market Bubble Is Starting up to Deflate

China’s electric automobile market formally transitioned from over-crowed to reasonably concentrated within the main quarter, in accordance with the Herfindahl-Hirschman Index, a metric venerable by lecturers and regulators to attach in mind…

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