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Apple should have learnt a Chinese lesson on EVs
Almost overnight, phone companies have become major car-making players in China, feeding into a booming industry.
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Electric vehicles have been in retreat in the US as car companies scaled back expansion plans.
PHOTO: REUTERS
David Fickling
High-tech manufacturing in China over the past year has often felt like watching a looking-glass parody of the US.
In America, electric vehicles (EVs) have been in retreat all year. General Motors and Ford Motor have scaled back expansion plans and cut jobs amid flagging demand for battery cars
