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The hard reality behind China's leadership in EVs

Coal miners and related industries flourish despite Beijing's climate pledges

A coal power plant in China and a NIO electric car: China’s EV demand is strong, even as its coal consumption rises. (Source photo by Reuters and Getty Images)

HONG KONG -- Despite the global chip shortage that has hit automakers around the world, demand for electric vehicles in China is cruising along.

Sales of battery-powered electric vehicles, or BEVs, which run completely on stored electricity, reached nearly 2 million units in the first 10 months of 2021, a threefold increase over the previous year.

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