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wn.com - 2 days ago

Tesla’s China sales surge signals shift in strategy as EV price war tightens

Tesla’s factory in Shanghai recorded higher shipments in September, marking a strategic turn for the company in the world’s most competitive electric vehicle market. The rebound comes as China’s auto industry enters its busiest season, with major manufacturers vying to meet year-end targets while navigating government warnings against excessive price cuts. Bloomberg reports that according to preliminary data from the China Passenger Car Association (PCA), Tesla shipped 90,812 vehicles from its Shanghai facility last month, up 2.8% from a year earlier. Although exports and domestic sales are not separated in the figures, the majority of deliveries were...


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