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China is already the world's biggest market for electric vehicles, making up two-fifths of global sales. That doesn't go far enough by far for Beijing.
A Chinese automaker instantly could gain access FCA's brands such as Jeep.
To meet its 2020 goal of 5 million electric vehicles on the road, China will increase its investment sharply.
Plans to build Tesla electric cars and charging stations in China help catapult the American billionaire to stardom.
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