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flag China's EV industry booms, shipping thousands to Europe and producing over 12 million NEVs in 2024.

flag China's electric vehicle (EV) industry is booming, with BYD shipping 6,817 new energy vehicles (NEVs) to Europe and China producing over 12 million NEVs in 2024. flag This growth has transformed China into an EV powerhouse, creating a full industrial chain from vehicles to charging infrastructure. flag The rise has led to increased collaboration with European companies like ZF Group, who are adopting Chinese technologies and adapting to EU regulations. flag This shift is rebalancing partnerships between Chinese and foreign automakers, highlighting China's advancements in technology and innovation.

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