Head of China Green-Car Company Sees Field Shrinking

By Jake Spring and Norihiko Shirouzu SHANGHAI, April 20 (Reuters) - Of dozens of startup electric car makers in China, only two or three will be around in five years' time, the chief of Nio told Reuters on Thursday, after the automaker unveiled its first production car aimed at taking on Tesla Inc's Model X. China's government has been promoting electric vehicles in its battle with urban smog, with startups flooding the market after it opened up the sector to investment from ...

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