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Latest News About Ev Competition

The electric vehicle (EV) competition is heating up as Tesla faces challenges and shifts in the market landscape. With Elon Musk's ambitious goal of a $25K Tesla model, the industry is seeing a transformation with new players like Lotus Emeya entering the scene. Despite Tesla's dominance, UBS surveys indicate potential turbulence ahead, especially in key markets like China where demand is fluctuating. The auto universe is being reshaped by bold moves and innovations, signifying a new era in the evolution of electric vehicles.


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