Web Stories Friday, April 26
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BEIJING (Reuters) – China’s largest auto show opened in Beijing with the biggest names showing off their latest electric vehicles (EVs), underlining how the world’s largest auto market is already in an all-electric state of mind, and isn’t looking back.Here are the main takeaways:OVERCAPACITY & GEOPOLITICSThe last thing China needs is more electric cars crowding a market, driving down prices at the expense of profit. But while there is a peril in China’s overcapacity, there…

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