Source: Tech – South China Morning PostDeliveries by Tesla’s Shanghai Gigafactory dropped in July as the US maker of electric vehicles (EVs) failed to sustain sales growth amid rising competition from domestic rivals.
The factory handed 67,886 Model 3 and Model Y vehicles to customers in mainland China and abroad in July, down 8.4 per cent from a year earlier, according to data from the China Passenger Car Association (CPCA). Deliveries fell 5.2 per cent from June.
“Premium models are increasingly losing their lustre among Chinese…Read More