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The Nexus
BUSINESSJun 26 · 09:00 UTCSCMP WORLDRaymond Ma,Neil Denslow

EV influx, US rare earth miners blacklisted, China-EU trade talks

Chinese automakers will debut over 150 electric vehicles in the second half of 2023 amid slowing domestic demand, profit-destroying price wars, and international complaints about overcapacity. BYD, Geely, and other companies plan to launch models priced around 100,000 yuan, according to HSBC data.

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