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Electric cars in China

Tesla has over 300 Chinese startups hot on its tail

Beijing's drive to clear the air spawns wave of electric car ventures

The eS8 SUV from Chinese brand Nio appears to be aimed squarely at Tesla's Model X.

BEIJING -- China's green car policies have become a catalyst for startups that aim to be the country's answer to Tesla.

More than 300 electric car ventures were chasing that distinction at last count, at the end of 2017. Nowhere is the buzz more apparent than in Beijing, where around 59,000 "new energy vehicles" were sold last year -- more than any other Chinese city. These cars are readily identifiable thanks to their green license plates.

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