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Electric cars in China

Tesla set to capture $390m in China's carbon market

Volkswagen ventures owe most in emissions trading, lacking green vehicles

Visitors check a China-made Tesla Model Y sport utility vehicle at the EV maker's showroom in Beijing.   © Reuters
SHUNSUKE TABETA, Nikkei staff writer | China

BEIJING -- Tesla is expected to earn about $390 million this year from automobile emissions credits in China, while Volkswagen looks to be the biggest loser in the carbon trading scheme.

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