BEIJING -- China may be headed for a glut of electric vehicles in a few years as manufacturers rush to add capacity, seeking bigger slices of the world's top auto market.
Electric cars in China
China's EV investment drive risks veering into overcapacity
Factory usage could fall below 50% once new factories come online
China-made Model 3 cars at Tesla's Shanghai factory. The world's biggest auto market is getting crowded. © Reuters
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