The 70% drop in sales in China of Tesla is a "misleading information," according to a Chinese auto specialist

Shen, a former executive at Fiat Chrysler, founded the WM Motor electric vehicle company in 2015. The company said it wants to be the "Ford Electric Cars in China", attracting mbad audiences with cars ranging from $ 30,000 at $ 45,000. . Many electric vehicles on the Chinese market have higher prices, such as the $ 70,000 Nio ES8 or the Tesla X Model at a price of nearly $ 130,000.

China is the largest electric vehicle market in the world, accounting for more than half of global electric car sales in 2017, according to the International Energy Agency (IEA). An estimated 1.23 million electric cars are in circulation in China, compared with 820,000 in Europe and 760,000 in the United States.