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Electric cars in China

China's Nio shrugs off Tesla price cuts with narrowed loss

Chairman rules out new fundraising as company plans launch of two sedans

Until now, Nio's EV lineup has been dominated by SUV models like the ES6, which was shown at the Auto China show in Beijing in September.   © Reuters

HONG KONG -- Rising electric vehicle maker Nio is planning a pair of new vehicle models that will intensify its faceoff with Tesla in China's fast-growing market.

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