
SHANGHAI -- Tesla is leading the foreign pack accelerating its foray into China's electric vehicle market as Beijing loosens joint venture rules to spur growth, while local startups struggle with a rollback of state subsidies.
Local startups face culling as Beijing scales back subsidies
SHANGHAI -- Tesla is leading the foreign pack accelerating its foray into China's electric vehicle market as Beijing loosens joint venture rules to spur growth, while local startups struggle with a rollback of state subsidies.
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