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China and U.S. Will Lead the Next-Gen Electric Vehicle Race

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The world’s largest automotive markets, U.S. and China, are also the greatest consumers of energy. China consumed the equivalent of 2.3 billion tons of oil in 2009, according to the International Energy Agency (IEA), and is expected to demand the equivalent of 2.8 billion tons of oil by 2015. While China consumes roughly half the […]

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