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China EVs

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Electric & new energy vehicles

Geely Auto to curb excess capacity amid overhaul to boost carmaker’s global edge

Company chairman eyes plant mergers and a formal succession road map as the firm rejects price wars to focus on international growth in rivalry with BYD.

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EVs capture two-thirds of China’s car market in record-breaking week

BYD powers past Geely as oil shock charges up global EV demand

Strong overseas demand for battery-powered cars helped BYD recover from a first-quarter setback and retake pole position.

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