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Sunday, June 29, 2014

China's Wanxiang Challenges Tesla For Dominance Of Global Electrics Market

“The road is still very long,” said Lu Guanqiu last month, employing the imagery of a famous Chinese proverb as he talked about building electric cars.  “We want to concentrate for now on manufacturing in the U.S.  If I don’t succeed, my son will continue with it.  If he doesn’t make it, my grandson will.”

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