News Snapshot:
Chennai, Aug 11 As it has happened in the internal combustion engine (ICE) vehicle industry, the Asian automobile makers are expanding their offering and enjoy certain advantages over Tesla, said S&P Global Ratings in a research report. The market is fast moving, and S&P Global Ratings expect more intense competition over the next few years to shift the competitive landscape.'Tesla is a strong competitor to Chinese automakers. The company was ranked as the No. 3 EV seller in China in the past three years, benefiting from good brand image and product functionality,' notes S&P Global Ratings report.Tesla's entry into the...
