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XPeng revs up for comeback after ending 2022 in the slow lane

CN EV Post

In the race for buyers in China's ultra-competitive electric vehicle (EV) market, XPeng spent last year falling further behind its two main rivals, Li Auto (LI.US; 2015.HK) XPeng is grappling with a lack of consistency in its marketing strategy, said Wang Cun, an analyst with the China Automobile Dealers Association (CADA).

China 98
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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

Projects are underway to reduce imports of airbags to 20% by 2028 from 26% in 2023 and 100% in 2012, those of electronic stability control units to 47% by 2025 from 63% in 2023 and 100% in 2015, and imports of ventilator fan systems to 10% by 2026 from 85% in 2024 and 100% in 2021.

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Electric vehicles sales, transportation & policy initiatives 

Electric Vehicles India

The Government of India is continuously making efforts to bring the electric vehicles revolution in India through various initiatives be it providing exemption of tax on electric vehicles or providing incentives under the FAME II (Faster Adoption and Manufacturing of Hybrid and EV). Electric vehicles sales transportation electrification .