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Wednesday, June 30, 2021

Sales of Chinese Cars Abroad Zip Past Competitors Struggling With Semiconductor Shortages

China’s electric car market is the world’s largest, selling more than half of the world’s total in 2020 as the country rushes toward totally phasing out gas-only cars by 2035. Sales-hungry competitors like Tesla are struggling to carve out a corner of the Chinese domestic market, and the voluntary recall of 300,000 Teslas this week isn’t helping.

from Sputnik News - World News, Breaking News & Top Stories https://ift.tt/3ybxdwO

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