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By Zhang Yan and Victoria Waldersee MUNICH (Reuters) - German carmakers are determined to tackle the problems they face in producing competitive electric vehicles, an executive at Chinese EV maker Xpeng said on Wednesday, as China's carmakers put pressure on European

By Josh Ye HONG KONG (Reuters) - Chinese electric car company Xpeng said it will acquire ride-hailing giant Didi's smart electric vehicle (EV) unit in a deal worth as much as $744 million and the two companies will form a strategic