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China’s EV Makers Taking Longer to Pay Bills Amid Rising Stress

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The time it’s taking for some of China’s electric-car makers to pay suppliers is ballooning — a further sign of stress in the nation’s increasingly cutthroat auto market.

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EV Makers Win 2-Year Extension to Qualify for US Tax CreditsThe Biden administration gave carmakers a partial reprieve in finalizing electric-vehicle tax credit rules intended to loosen China’s grip on battery materials crucial to the car industry’s future.
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