HONG KONG -- China's emerging electric vehicle brands have reported strong sales and narrowed losses last year despite Tesla's aggressive pricing strategy to gain customers in the world's largest auto market.
Electric cars in China
Chinese EV startups' sales accelerate despite pressure from Tesla
Unfazed by US rival's price cuts, Nio, Xpeng and Li Auto seen profitable in 2022
The U.S.-listed shares of Nio, Xpeng and Li Auto have surged over the past year, pushing their valuations higher than some of the world's biggest automakers. (Source photos by AP and Reuters)
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