China becomes Tesla's fastest growing market in 2017

Xinhua Published: 2018-03-23 19:04:19
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The U.S. electric car maker Tesla saw its fastest revenue growth in China in 2017.

In this April 29, 2017, file photo, a visitor holds an umbrella as she looks at a Tesla Model X car on display at the G Festival, part of the Global Mobile Internet Conference (GMIC) in Beijing. [File photo: AP/Mark Schiefelbein]

In this April 29, 2017, file photo, a visitor holds an umbrella as she looks at a Tesla Model X car on display at the G Festival, part of the Global Mobile Internet Conference (GMIC) in Beijing. [File photo: AP/Mark Schiefelbein]

The firm's revenue from the Chinese market reached 2 billion U.S. dollars 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.

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