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May 26, 2022
Leading Chinese electric vehicle startups have seen strong car deliveries in March despite challenges such as the COVID-19 pandemic, showcasing the consumption momentum in new energy vehicles-including EVs-and local consumers' enthusiasm for environmentally friendly vehicles.
The rise in car deliveries came as the Ministry of Industry and Information Technology, China's top industry regulator, said recently more efforts will be made to encourage the use of NEVs and the nation will accelerate the development of domestic resources to cope with price increases in raw materials for batteries.
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