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global automakersCNN
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79% Informative
Foreign automakers have dominated China ’s car market for decades , selling millions of vehicles and raking in enormous profits.
Rapid rise of homegrown electric vehicle ( EV ) makers, such as BYD and Xpeng (XPEV) is upending the largest passenger car market on the planet.
Volkswagen warned it could close plants in Germany for the first time in its history, to cut costs.
Tesla had a “halo effect” on Chinese EV makers, such as BYD , Neo , and Li Auto , according to Dunne .
The International Energy Agency predicts that sales of battery electric and plug-in hybrid vehicles in China will hit 10 million this year .
By 2030 , Chinese carmakers could see their share of the global EV market double to roughly a third .
VR Score
82
Informative language
80
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37
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formal
Language
English
Language complexity
48
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Attention-grabbing headline
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Known propaganda techniques
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Time-value
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22
Source diversity
3
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