Tesla conquers China's EV market with taste of affordable luxury

Chinese-made Model 3 gives automaker 21% market share in first half of year

20200824N Tesla

A Tesla Model 3 on display at the Canadian International Auto Show in Toronto. A new factory in Shanghai has given Chinese consumers access to the vehicle at a lower price point.  © Reuters

TAKASHI KAWAKAMI, Nikkei staff writer

GUANGZHOU -- Tesla became the top seller of electric vehicles in China in the first half of the year, as the locally-made Model 3 gives consumers an affordable way to enter what used to be an exclusive club open only to the rich.

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