Portuguese 
Spanish 
China May Lead Electric Car Market and Get Ahead of Tesla
According to Militec 1, electric car manufacturers in China have created an impressive range of new cars that could keep Tesla’s Elon Musk excited. Elon Musk has a net worth estimated at over US$ 180 billion, in 2020 he was a topic in all media outlets, and in 2021 he continues to make headlines.
Also Read
Elon Musk’s company, Tesla, has seen its stock value increase by 660%, surpassing Ford and becoming the largest automaker in the world.
China Becomes Leader in Electric Car Market, in Terms of Volume
In the 1970s and 1980s, Japanese cars like those from Honda and Nissan revolutionized the American automotive market. The same thing might be happening again soon in the electric car market, but this time, the electric cars are coming from China.
-
Latin America’s Largest Port Invests $400 Million in Rail System with Trains Up to 2.4 Kilometers Long
-
New Smart Radar Begins Issuing Fines to Solo Drivers in Carpool Lanes, Uses Cameras to Count Occupants, Changing Traffic Enforcement Rules on Busy European Roads
-
Why can the crane operator only obey the correct signalman on the construction site: among dozens of workers, a hand raised by the wrong person can confuse the maneuver and turn a load of tons into an immediate risk.
-
What changes with the new public transportation rules that can reduce pressure on fares and pave the way for zero fare in Brazil?
In terms of volume, China has become the undisputed leader in the electric car market. According to the International Energy Agency, in 2019, China had 2.58 million battery electric cars, while there were just under one million electric cars in Europe, and in the United States, there were only 880,000.
China May Become Leader in Electric Car Sales and Surpass Tesla
China also hosts 82% of the world’s electric vehicle fast-charging stations and has more public slow chargers than the rest of the world combined. It was recently reported that Wuling Motors’ electric vehicle, the Hong Guang Mini EV, outperformed the Tesla Model 3 by a factor of two to one in China in January 2021.
It is no coincidence that Elon Musk chose China to open Tesla’s first factory outside the U.S. in 2020; the factory built in record time near Shanghai aims to produce around 200,000 cars. It is known that Elon Musk loves China.
