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Chinese EV companies are redefining the automotive industry with aggressive pricing, fast product cycles and advanced technology — pushing traditional automakers to fight for relevance in China’s market. ➡️ Volkswagen is rolling out five new electrified models under its “In China, for China” strategy ➡️ Meanwhile, Tesla skipped the Shanghai Auto Show for the third straight year. CNBC’s Lin Lin reports. | CNBC International
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