Billionaires Investing in China Electric Cars Face Shakeout
A charging plug sits connected to a BYD Co. E6 electric taxi at the company’s charging station in Shenzhen, China. (Photographer: Qilai Shen/Bloomberg)

Billionaires Investing in China Electric Cars Face Shakeout

(Bloomberg) -- Some of China’s wealthiest tycoons steered billions of dollars into electric-car companies in order to fuel the country’s dreams of becoming a leader in the field. Now a reckoning ma...
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