Sunday, October 16, 2016
For Tesla, Electric Car Sales Explode In All The Wrong Places
More than 2 million electric vehicles may be on the world's roads by the end of 2016, writes the Guardian, citing data from the electric vehicle world database EV Volumes. That should be good news for electric carmaker Tesla. It is not. A closer look at the data shows that most of the growth comes from Tesla competitors, and from regions where Tesla is weak. It is a stereotype “that the U.S. market is further ahead in deploying the zero-emission technology thanks to cars such as the Tesla Model S,” writes Automotive News. As far as Tesla is concerned, electric vehicle sales are exploding in all the wrong places.
Posted by Lanaya Benjamin at 3:44 PM