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flag Chinese EV firms offer big incentives, like zero down payments, to boost sales amid government support.

flag Chinese EV companies like Tesla, Xpeng, and Nio are offering aggressive incentives, including zero down payments and five-year interest-free loans, to boost sales after a drop in deliveries this year. flag The Chinese government has also issued $11.12 billion to support electric car consumption. flag These promotions are expected to last just one or two months, with local brands likely to thrive in the rapidly growing market, projected to reach 86% of new car sales by 2035.

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