SHANGHAI: China’s electric vehicle (EV) market is ready to switch into high gear in the new year as automakers scramble to offer lucrative deals to attract environmental protection-conscious buyers and embrace the country’s carbon neutrality goal in the years to come.
United States EV manufacturer Tesla will soon roll out its Model Y produced at its Shanghai plant, the company said on Saturday as it reported delivering nearly 500,000 cars globally in 2020.
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