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Chinese startups joining established automakers on electric cars

Manufacturers seek green credit and can offer production expertise

Shanghai-based NIO has teamed up with multiple partners in developing electric cars.

GUANGZHOU -- Electric vehicle startups and automakers in China are strengthening their collaboration to propel development and sale of electric vehicles as the government tightens environmental regulations.

The startups are eager to learn production expertise from automakers, which in turn will want to buy green credit from the startups under a new regulation to take effect in 2019. Meanwhile, foreign players with little presence in this sector are scrambling to catch up with domestic contenders and claim their own piece of the world's largest auto market.

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