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China's plug-in electric vehicle sales are expected to reach 2 million by 2020 and have already surpassed the US. Local companies face competition from Tesla but Chinese firms dominate the electric vehicle market. However, continued sales growth is threatened by persistent regional protectionism, the unsustainability of these large subsidies, and widely reported cheating by some automakers.
Tesla's growth has been built on its pioneering battery technology but they're slow to charge, have limited lifetimes and are heavy. Supercapacitors do away with all of that and may mean Tesla is a losing bet