Tesla reported a 9% YoY increase in China deliveries for January, selling 69,129 vehicles from its Shanghai factory, according to industry data. This growth comes amid a significant slowdown in China’s broader EV market, where overall sales grew by only 1%. The company faces mounting challenges, including intense price competition from domestic rivals like BYD and new regulations. China will soon require all cars to have mechanical door handles — a rule that may complicate Tesla’s signature flush-handle design. Tesla has responded with aggressive financing offers to spur demand.
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