China explores new targets in EV tariff battle
China added the Tesla Model Y to a list of electric and hybrid car models that a local government can purchase for use as a service car — a major boost to CEO Elon Musk as the billionaire aims to boost Tesla ’s sales in the country, according to a report.
Tesla is the only non-Chinese-owned automaker included on the list for the eastern Jiangsu provincial government. Volvo Cars – which is owned by Chinese company Zhejiang Geely Holding Group – also made the list with its Volvo XC40. China added the Tesla Model Y to a list of EVs that a local provincial government can purchase for use as a service car.
Musk’s EV maker has faced increased competition as more rivals – including Chinese automakers – enter the EV market and demand slows.
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