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Tesla (TSLA) stock is surging amid data coming out of China, showing that the automaker will likely deliver a strong quarter in this important market. At the time of writing, Tesla’s stock is up 6%, while the market is up about 1%. This surge comes after the China Merchants Bank International released car insurance registration data.
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South Korean EV automaker Kia Motor announced its initial entry into the market of China, beginning with its super popular EV6 crossover. The automaker debuted several concepts overseas today, including the EV5, which will be its first global model built in China. Kia Corporation is the second largest automobile manufacturer in South Korea behind Hyundai
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