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China becomes Tesla's fastest growing market in 2017

www.cfbond.com
2018-03-24 21:27

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The U.S. electric car maker Tesla saw its fastest revenue growth in China in 2017.

The firm's revenue from the Chinese market reached 2 billion U.S. dollars in 2017, up more than 90 percent year on year, according to Tesla's China branch.

The company has installed over 1,000 superchargers in China, with which a vehicle can be fully charged within an hour. It also built three of the world's biggest charging stations in China.

Tesla delivered modified versions of Model S and Model X vehicles to the Chinese market last year to meet the standards of Chinese chargers.
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