American investment bank sent Jie: China will become Tesla's largest market
China has a huge population base. As economic conditions improve, more and more people will buy cars as a means of transport.
Recently, the investment bank sent Jie Jie that China will eventually become Tesla's largest market. Its analysts said that the Chinese market will create the largest revenue source for Tesla. If Tesla can achieve localization of electric vehicles, the opportunities will be considerable.
This speculation is not difficult to speculate, with the popularity of electric vehicles, the future of this type of car will become the mainstream of consumption. However, the large number of Chinese consumers and the country’s strategy to implement electric vehicles are ongoing. The market potential of electric vehicles is considerable.
American investment bank sent Jie: China will become Tesla's largest market
According to Bloomberg News, the Chinese government is joining hands with the relevant regulatory authorities to discuss the prohibition of automobile manufacturers from producing and selling fuel vehicles. It seems that in the near future, China's streets will be leaping with electric new cars, Tesla's revenue in the Chinese market will be quite good.
Then, the only obstacle to Tesla's vigorous entry into the Chinese market is the localization of electric vehicles. From the current situation, this concern may also be resolved.
According to Chinese policy, Tesla needs to establish a joint venture with local partners to be able to take root in the market. According to informed sources, some officials have hinted that the requirement that foreign automakers must cooperate with a Chinese company may be relaxed. In other words, we do not rule out that China will allow foreign companies to produce electric vehicles in free trade zones without the need for joint ventures with Chinese companies.
At the end of this year, Tesla may reveal details of specific factory cooperation and localization. We will wait and see.
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