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BYD founder Wang Chuanfu, fresh from his meeting with Xi Jinping, claims Chinese EVs are 3 to 5 years ahead of the competition

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Chinese -made electric vehicles have gained ground in overseas markets in recent years .

Chinese cars are often priced far more competitively than their Japanese , South Korean or European -developed competition.

Chinese EV makers claim they succeed because their products are just more innovative.

Wang Chuanfu , founder of Chinese EV giant BYD , got a prime seat in a meeting with Xi Jinping .