Tesla And Chinese Rivals Struggle As U.S. EV Sales Slow
barrygander.substack.com
The world of car making has flipped. China shipped more cars abroad than Germany in 2022, becoming the second-biggest exporter, and more than Japan in 2023. The share of EVs in China's car exports has been up to 25 percent from 15 percent just two years ago. EV sales are slowing in China, however; iits prime EV maker, BYD, just slipped to second place again behind Tesla. Chinese manufacturers are making extra effort to push exports.
Tesla And Chinese Rivals Struggle As U.S. EV Sales Slow
Tesla And Chinese Rivals Struggle As U.S. EV…
Tesla And Chinese Rivals Struggle As U.S. EV Sales Slow
The world of car making has flipped. China shipped more cars abroad than Germany in 2022, becoming the second-biggest exporter, and more than Japan in 2023. The share of EVs in China's car exports has been up to 25 percent from 15 percent just two years ago. EV sales are slowing in China, however; iits prime EV maker, BYD, just slipped to second place again behind Tesla. Chinese manufacturers are making extra effort to push exports.