SHANGHAI : Tesla Inc's electric vehicle (EV) sales in China rose last week but were still running short of the pace seen in the fourth quarter, indicating the bump from discounted prices in its biggest overseas market is waning.The U.S. automaker nearly doubled weekly retail sales in the week of Feb. 20 t
SHANGHAI : Tesla Inc's electric vehicle sales in China rose last week but were still running short of the pace seen in the fourth quarter, indicating the bump from discounted prices in its biggest overseas market is waning.
The tally was the highest after that of the week of Jan. 9 when Tesla sold 12,654 Model 3 and Model Y cars after lowering prices by as much as 14 per cent on Jan. 6. The U.S. automaker has lagged competitors in China in introducing new models, improving navigation systems and adding luxury interior touches or white-glove customer service to meet a developing range of consumer tastes, analysts and fans said.
While competition intensifies, Tesla aims to grow exports and expand into new markets to digest output from its factory in Shanghai. It has started delivering cars to Thailand and set up its first Supercharger station in the Southeast Asian country earlier in February.
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