Tesla's presence could be a 'positive catalyst' for China's electric vehicle market

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Brian Gu, president of Xpeng Motors, predicted demand for electric vehicles will rise as countries implement carbon emission standards.

. He explained that Tesla's success in the country would bring a "good supply chain" and better "user experience" for consumers.

Xpeng Motors Technology Ltd.'s G3 electric sport utility vehicle is displayed at the 2018 Guangzhou International Automobile Exhibition.the United States in Shanghai, which is expected to reduce labor costs and improve profit margins.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines