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[mick]

reading your article $TSLA
re;
Tesla gives China victory in the fight in the car market
The car markets in Europe and China are currently collapsing in terms of electric vehicles. But now Tesla is helping the Chinese win.
Two car markets are crucial for the implementation of electromobility: Europe and China. Because there, CO2 neutral units are especially encouraged. In comparison, the US still relies heavily on combustion engines - although market leader Tesla is coming there.

Europe and China are currently at the forefront of the electric car market. In the first half of 2020, almost 400,000 pure electronic and hybrid cars were sold in Europe. In China, only 7,000 fewer, as mentioned in a message from the Center for Automotive Research (CAR).
China gains a lead thanks to Tesla

CAR Director Ferdinand Dudenhöffer is convinced, however, that China will take the lead in the electric car market until the end of the year and will keep it for 50 years. The reason is Tesla: CEO Elon Musk's brand is the leader in China's 16% all-electric vehicle market.

As 80 percent of China's electronic cars are fully electric, the manufacturer's growing production will rapidly increase China's market share. Because the American car manufacturer produces cars directly in China - in a factory in Shanghai.

The economic recovery from the coronavirus pandemic also benefits the Chinese market. There are already signs of increased sales for the second half of the year. Nearly 100,000 electric cars were sold in China in July. This already corresponds to a quarter of the entire first half of the year.
Specific approvals for electronic machines

What is also special about China is that registration payments are allocated under a quota system. They are usually auctioned - and cost up to CHF 10,000. But the government has announced additional license plates for free, especially for electronic cars in different cities. In this way, the purchase of electronic cars is highly encouraged.

Chinese Vice Minister of Industry and Information Technology Xin Guobin recently announced that electric cars should account for 25% of the total market by 2025. That would be a good six million electronic cars to be launched in China in 2025. Europe has not been able to keep up with this, the statement said.

https://www.20min.ch/story/tesla-beschert-china-den-sieg-im-e-auto-marktkampf-972531687241