Asian EV makers enjoy some advantages over Tesla


Source: siasat.com siasat.com

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Chennai: 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](/tag/tesla/) is a strong competitor to Chinese automakers. The company was ranked as the No. 3 [electric vehicle](/tag/electric-vehicle-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...