Energy Insider: Xpeng Makes Foray Into European Market
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Xpeng’s showroom in Shanghai
In today’s Caixin energy news wrap: Wind power turbine prices decline more than 20% in three months; China to deepen SOE restructuring to boost economy and promote innovation; Apple supplier Luxshare ventures into carmaking; CATL works on commercial-scale production of sodium ion battery; installed capacity of renewables surged 23% in 2021 in South China; NEV demand remains strong amid rising costs.
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