look at Tesla's 4 biggest rivals in China's booming

Tesla is one of the biggest EV manufacturers in China.

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China's electric vehicle market was worth $124.2 billion in 2021.

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China's EV market was the largest in the world in 2020.

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With the exception of Tesla, 4 out of 5 of China's top car manufacturers are homegrown.

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Tesla was the 3rd largest share in China's EV market from January to May.

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This US company the Tesla which is run by billionaire Elon Musk.

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Present time Tesla holds 6.6% of the market in China/per EV Volumes and It sold 319,102 units in China in 2021.

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Tesla is China's domestic manufacturers do not exclusively produce EVs.

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Now, Take a look of Tesla's 4 fiercest homegrown competitors in China.

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1. GAC - Year founded: 1954

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2. Chery - Year founded: 19974

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3. BYD - Year founded: 2003

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4. SGMV - Year founded: 2002

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