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Chinese EV makers recover in May but competition fierce amid overcapacity woes

  • Posted on June 1, 2026
  • By South China Morning Post
  • 0 Views
  • 1 min read
Chinese EV makers recover in May but competition fierce amid overcapacity woes
Chinese EV makers recover in May but competition fierce amid overcapacity woes

Consumer willingness to embrace new tech, along with cash subsidies from local governments, gave the EV sector a much-needed boost.
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South China Morning Post

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