ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Electric cars in China

China's EV sales rebound on jolt from Tesla

Subsidies and eased restrictions help spark first rise in 13 months

Local production of Tesla autos helped lift Chinese sales of electric vehicles in July.   © Reuters

BEIJING -- China's electric vehicle sales grew for the first time in 13 months during July, thanks to the government extending financial incentives and Tesla's local production.

Sales of EVs last month jumped 19.3% on the year to 98,000 units, the China Association of Automobile Manufacturers reported Tuesday. Tesla's sales in China grew sharply, buoyed by production of the popular Model 3 at its recently opened Shanghai plant.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more