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EV Sales and Challenges in Japan and China
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EV sales in Japan hit a record high in 2023, but with slow growth. China's EV stocks face declining share prices due to intense competition and price wars, leading to squeezed profitability. Honda Motor aims to address its EV woes by shifting to a global approach and aims for 100% EV sales by 2040.
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How can Japan overcome the challenges in attracting consumers to EVs?
What are the implications of Tesla's price cuts on the future of the EV industry?
What strategies can Chinese EV makers employ to navigate the intensifying competition and market saturation?
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