Vehicle Sales
Timetable for more affordable Tesla slips further
Musk no longer dangling the possibility of a 2024 rollout of his firm’s new offering
Corporate Strategy
Europe and Japan face up to China EV threat
Some of the world's largest auto markets may need to brace for a Chinese invasion
4 min read
Exporting cars to China is an increasingly tough business. Defending against imports from the Middle Kingdom could be ever harder.
In 2017, China’s auto industry had a trade deficit of $37bn. By 2022, it had swung into a $7bn surplus as imports slumped and exports took off. China imported 0.9mn vehicles in 2022, a 30pc drop compared to 2017.
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