China’s fundraising boom for electric cars looks set to continue through the Year of the Ox as the capital-intensive industry ploughs billions of dollars into new models, marketing and infrastructure across the world’s largest car market.The single largest investment by the auto industry in a century is well under way, as electric vehicle – known as new-energy vehicles (NEV) in China – start-ups ramp up production, while traditional carmakers such as Geely and Great Wall Motors switch to making…


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