China’s EV Sales Surge: Can Tesla Keep Up with BYD’s Triple-Digit Growth?
China’s EV sales surged in September, with some companies seeing triple-digit growth. Tesla, the second-largest player in China, faces increasing competition from local EV makers like BYD, which reported double-digit sales increases. If Tesla can maintain its market share, China’s rapid growth will boost its global sales. However, if more affordable Chinese models cut into Tesla’s share, it could face challenges worldwide.
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