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Tesla's China price cuts squeeze used-car dealers, but interest in second-hand Model 3s and Model Ys rises - Vimarsana News

Tesla's China price cuts squeeze used-car dealers, but interest in second-hand Model 3s and Model Ys rises

The impact of Tesla’s heavy price cuts in China this month is being felt by some used-car dealers, who are being forced to cut their own prices to find buyers. But sales of second-hand Teslas are expected to grow with new price levels attracting more budget-conscious consumers.

Source: scmp.com
Geely's premium brand Zeekr aims to deliver 10,000 units a month, challenging Tesla, home-grown Chinese rivals - Vimarsana News

Geely's premium brand Zeekr aims to deliver 10,000 units a month, challenging Tesla, home-grown Chinese rivals

A restored supply chain and the rising popularity of electric cars should help Geely reach what is seen as an important threshold for defining a powerful carmaker in mainland China.

Source: scmp.com