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China's Electric Car Upstarts Face a Crucial Earnings Season
Xpeng, Nio and Li Auto shares have plunged as the companies continue to rack up losses and run into tougher competition.
A Nio ES8 electric sport utility vehicle.
Photographer: Odin Jaeger/BloombergThis article is for subscribers only.
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The gloss is coming off China’s three US-listed electric-car makers.