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According to news from South Korea on the 4th, in the first half of this year, more than one-third of the electric cars sold in South Korea were made in China for the first time. An analysis report released by the Korea Automobile Mobile Industry Association on the 4th shows that from January to June this year, the number of newly registered Chinese-made electric vehicles in South Korea was close to 70,000, an increase of 178.7% over the previous year, and the share of all newly registered electric vehicles rose to 35%. The Korea Automobile Mobile Industry Association said that the massive influx of Chinese trams into the Korean market will help promote the spread of trams and broaden consumer options, but at the same time, it may increase the operating pressure on local Korean car companies and increase competition in the industrial chain.
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According to news from South Korea on the 4th, in the first half of this year, more than one-third of the electric cars sold in South Korea were made in China for the first time. An analysis report released by the Korea Automobile Mobile Industry Association on the 4th shows that from January to June this year, the number of newly registered Chinese-made electric vehicles in South Korea was close to 70,000, an increase of 178.7% over the previous year, and the share of all newly registered electric vehicles rose to 35%. The Korea Automobile Mobile Industry Association said that the massive influx of Chinese trams into the Korean market will help promote the spread of trams and broaden consumer options, but at the same time, it may increase the operating pressure on local Korean car companies and increase competition in the industrial chain.
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