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Tesla Faces Crowded Field in China as New-Energy Car Market Booms
Aggregated Source: ChinaTechNews.com

SINGAPORE—China’s homegrown new-energy vehicle makers are booming as demand surges, with sales now forecast to hit a record six million this year in the world’s largest auto market.

Warren Buffett

-backed

BYD Co.

1211 -0.89%

, which has emerged as a formidable rival to

Tesla Inc.,

Tesla Faces Crowded Field in China as New-Energy Car Market Booms comes via ChinaTechNews.com.

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