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Four Chinese-backed electric-car start-ups planning a run at Tesla

Four Chinese-backed electric-car start-ups planning a run at Tesla Chinese venture capital investors have put $1.Four billion into electrical vehicles start-ups. The electrical vehicle market is presently predominated by Tesla Motors, which reached a market cap this week of $48 billion. But as EV sales grow — Tesla pulled in more than $7 billion in revenue last year and just ... Read More »