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And EV sales in China dropped sharply last month, highlighting a tough road ahead for Chinese carmakers after years of rapid growth and aggressive expansion.
Sales of BYD vehicles, the world's biggest EV seller, were down 41 percent from a year earlier,
The data comes ahead of one of the year's biggest policy events for China watchers.
This week's National People's Congress is expected to approve a five-year economic blueprint that will prioritize turning China into a technological superpower that can rival the U.S.
And that's it for What's News for this Monday morning.
Today's show was produced by Hattie Moyer and Daniel Bach.
Our supervising producer is Sandra Kilhoff.
And I'm Luke Vargas for The Wall Street Journal.
We will be back tonight with a new show.
Until then, thanks for listening.
Hey, What's News listeners, it's Saturday, February 28th.
I'm Luke Vargas for The Wall Street Journal, and this is What's News Sunday, coming to you early this weekend to dig into the big questions after the U.S.
launched major combat operations against Iran earlier today.
In coordination with Israel, American strikes have targeted Iran's leadership and its military assets.
the prelude to what President Trump hopes is an end to the regime in Tehran.
Unsurprisingly, Iran is heading back, firing missiles and drones at Israel and at U.S.
While it's still early hours, the attacks that various factions in Washington and abroad have either feared or longed to see for decades are risking a wider conflict.
Today, we'll get the very latest on the US attacks and Iran's response, and look at the likelihood of just such an escalation.
We've got a lot to cover, so let's get right to it.