Posted inChina

Tesla loses lead to local upstart in China’s EV market

SAIC-GM-Wuling, a lesser-known carmaker based in a remote western Chinese city, is giving Tesla a run for its money in China’s electric vehicle (EV) market with a cut-rate, no-frills car.  Until recently, Tesla dominated China’s fast-growing EV market, an outgrowth of the sprawling plant the new-age American carmaker established in Shanghai at the end of […]

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