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18 Mar
13:56

Worries exist for excess capacity in new energy passenger cars

The issue of "excess capacity in the new energy vehicle industry" was brought up again recently in China.  During the national conferences held earlier this month, Wang Fengying, ceo of Great Wall Motors, said: “If all the planned projects during the fourteenth five-year period are grounded as scheduled, the overcapacity issue would be even extreme than that during the last five-year period. According to China Passenger Car Association (…
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