China EVs rising, Tesla loses profit ground and Lyft preps for deep cuts

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If there was any doubt that China is a leader in EVs, the Shanghai Auto Show should have erased those thoughts. China is developing and producing compelling EVs and reaping the sales as a result. (Eight of the top 10 best selling EV models in China are from Chinese automakers).

And unlike the U.S. market, these are not just premium and luxury brands that only a slice of society can afford. BYD, the Warren Buffet-backed Chinese automaker, Read Entire Article

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