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Tesla Inc (NASDAQ:TSLA) and local electric vehicle rivals such as Nio Inc (NYSE:NIO) are growing the electric vehicle segment together in China and not eating into each other’s market share, Zhongtai Securities analysts said, as reported by cnEVpost. What Happened: Chinese electric vehicle makers such as Nio, Xpeng Inc (NYSE:XPEV), Li Auto Inc (NASDAQ:LI) and BYD Co (OTC:BYDDY) along with Tesla reported robust delivery numbers in June.
...read full article on Benzinga
