GUANGZHOU -- China's market for electric vehicles, the world's largest, screeched to a halt in 2019 after several years of torrid expansion, as the government sharply reduced subsidies on EVs.
Electric cars in China
Xpeng remains bullish on China EV market despite Tesla's entry
Co-founder says foreign makers, AI and 5G will give growth a massive boost
A China-made Tesla Model 3 appears at a delivery ceremony at the Shanghai Gigafactory of U.S. electric car maker Tesla in Shanghai on Dec. 30. © Reuters
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