About 123 car companies sold electric vehicles, an auto consultant told WSJ.
AdvertisementCompetition in the electric vehicle sector is only getting stiffer for Tesla in China, but what does that space exactly look like?
AdvertisementAs Business Insider's Linette Lopez noted in February, automakers received a huge lift from Beijing as it doled out government subsidies to any car company that would contribute to the country's pivot to electric vehicles.
AdvertisementStill, Tesla remains one of the country's top EV sellers, and only a few brands compete with the US-based automaker.
The competition, however, comes amid a slowdown in EV sales that's being felt in the US and China.
Persons:
—, Stephen Dyer, Insider's Linette Lopez, Lopez, Tesla, Dyer, BI's George Glover, BYD
Organizations:
EV, Service, Tesla, Wall Street, Kiel Institute, The
Locations:
China, Beijing, Germany, —