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Electric Car Crystal Ball Gazing in China as the New Year Dawns

The XPeng P7 Wing Limited Edition electric vehicle being charged at a dealership in Shanghai, China.

The XPeng P7 Wing Limited Edition electric vehicle being charged at a dealership in Shanghai, China.

Photographer: Qilai Shen/Bloomberg
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Welcome to the Hyperdrive daily briefing, decoding the revolution reshaping the auto world, from EVs to self-driving cars and beyond. You can read today’s newsletter on the web here.

This time 20 years ago, China joined the World Trade Organization, kicking off a new era in the country’s automobile sector as overseas carmakers began to muscle in. Next year is also shaping up to be a banner one, particularly in China’s electric-vehicle segment.