look at Tesla's 4 biggest rivals in China's booming
Tesla is one of the biggest EV manufacturers in China.
China's electric vehicle market was worth $124.2 billion in 2021.
China's EV market was the largest in the world in 2020.
With the exception of Tesla, 4 out of 5 of China's top car manufacturers are homegrown.
Tesla was the 3rd largest share in China's EV market from January to May.
This US company the Tesla which is run by billionaire Elon Musk.
Present time Tesla holds 6.6% of the market in China/per EV Volumes and It sold 319,102 units in China in 2021.
Tesla is China's domestic manufacturers do not exclusively produce EVs.
Now, Take a look of Tesla's 4 fiercest homegrown competitors in China.
1. GAC -
Year founded: 1954
2. Chery -
Year founded: 19974
3. BYD -
Year founded: 2003
4. SGMV -
Year founded: 2002
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