Industry dynamics

China becomes Tesla's fastest growing market in 2017

Publishtime:1970-01-01 08:00:00 Views:23
A Tesla Model X car is displayed at the Paris auto show, in Paris, Sept 29, 2016. [Photo/VCG]

TIANJIN - The US electric car maker Tesla saw its fastest revenue growth in China in 2017.

The firm's revenue from the Chinese market reached $2 billion in 2017, up more than 90 percent year on year, according to Tesla's China branch.

The company has installed over 1,000 superchargers in China, with which a vehicle can be fully charged within an hour. It also built three of the world's biggest charging stations in China.

Tesla delivered modified versions of Model S and Model X vehicles to the Chinese market last year to meet the standards of Chinese chargers.