Tesla Regains China Momentum as Clouds Over EV Sector Disperse
07/05/2023 18:55
Tesla Inc.’s China deliveries are surging, along with other local electric-vehicle makers, as concerns over snarled supply chains, the lingering impact of Covid and weak consumer demand dissipate.
Tesla Inc.’s China deliveries are surging, along with other local electric-vehicle makers, as concerns over snarled supply chains, the lingering impact of Covid and weak consumer demand dissipate.
Deliveries from Tesla’s Shanghai plant, which was its first outside the US, rose almost 20% from a year earlier in June to 93,680 vehicles, showing the disarray caused by a price war earlier this year is abating and interest in clean cars continues to grow in the world’s biggest EV market.