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China EV makers worried by end of subsidies and chip crunch

Bumper sales year gives way to uncertain outlook for world's biggest market

The 2022 Auto Guangzhou motor show opened on Dec. 30 in the southern Chinese city. (Photo by Yusuke Hinata)

GUANGZHOU, China -- Chinese electric vehicle makers expect to be under pressure after a bumper year with the withdrawal of friendly government subsidies and uncertainties driven by the shift to living with COVID-19.

The global shortage of semiconductors for EVs was another concern raised by industry players at the 2022 Auto Guangzhou motor show, which opened on Friday in the southern Chinese city.

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