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China’s electric vehicle (EV) manufacturers are having a moment.
For a long time, the race to electrify motoring has been almost synonymous with American carmaker Tesla, a clear early leader.
But Chinese manufacturer BYD has been closing the gap, with some projections indicating it could overtake Tesla on annual battery-only electric vehicle sales this year.
That has implications for Australia, which is becoming a strong market for green motoring.
Year-to-date, new battery-only EV sales in Australia are up 16.5%. Hybrids and plug-in hybrids (vehicles that use a combination of a battery and conventional fuel) performed even more strongly over the same period, up 114.
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The MG4, with its entry model costing $38,990, will be the second-cheapest electric vehicle on the market.
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