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    Tesla, Xiaomi vie for Chinese EV buyers with cheaper, longer loans

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    Source: South China Morning Post
    Published: 2026-02-04 14:32 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Asia, China, Business & Economy, Asia Pacific
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    Snippet:
    Low interest rates and seven-year payback periods replace price discounts while EV sales drop and materials costs rise
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