Asian EV Makers Enjoy More Advantages Over Tesla


Source: news18.com news18.com

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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 the S&P Global Rating report. Tesla’s entry into the China market helped to accelerate...