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Nissan reduces petrol car production as EV sales boom in China

Manufacturer says ‘shift to new energy vehicles is happening faster than expected’ and market is harsh Business live – latest updates The Japanese carmaker Nissan has said it has been caught out by accelerating sales of electric and hybrid cars in China amid a brutal price war in the world’s biggest automotive market. The manufacturer slashed its sales forecasts for China and said it would cut…

Nissan reduces petrol car production as EV sales boom in China

We haven't written up this one. Guardian Business has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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