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Chinese car brands will have conquered a third of the global market by 2030 and will by that time be selling 9 million vehicles per year outside China, according to the management consultancy Alix Partners. In Europe, this will be at the expense of European, Japanese and Korean brands, the industry experts wrote in a study published on Tuesday. The manufacturing costs for an e-car are a third lower in China than in Europe. The development cycles are shorter than those of the global competition. Chinese car manufacturers are expanding their market share with “aggressive pricing,” the study said…

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