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Is China’s EV revolution on the ropes?

Reuters reported early this week that Chinese automakers have been inflating their sales by shipping new cars overseas disguised as used vehicles. The practice, seemingly with the tacit approval of the government — or, at least, the “encouragement” of local governments — sees zero-mile cars head directly from the assembly line to foreign markets allowing automakers, in Reuters’ words, to “to show growth and to dispose of cars that would be difficult to sell domestically.”

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