The move will help Tesla expand its presence in China,
where electric vehicle sales growth has been the highest for the company.
Not exact matches
Samsung pursued a stake in BYD after its affiliate was among foreign battery makers left off a list of suppliers approved by China,
where sales of
electric vehicles are surging and the government has sped up construction of charging points.
In the United States,
where gas prices are now below $ 2 a gallon in many places,
sales of SUVs rose last year while those for
electric vehicles fell after several years of growth.