Chinese EV buyers want luxury — and they’re looking somewhere besides Tesla, says fund manager

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Chinese EV buyers want luxury — and they’re looking somewhere besides Tesla, says fund manager


China’s booming electrical automobile sector presents a “nice alternative” for home corporations and fund manager Jian Shi Cortesi says she is “very enthusiastic” in regards to the sector.

Speaking during CNBC Pro Talks on Wednesday, Cortesi stated there are “massive winners” coming from the sector which has seen an explosive progress.

The electrical automobile market in China is getting more and more crowded. And despite the fact that Elon Musk’s Tesla outsells its home friends within the mainland, there’s one factor that it lacks: luxury.

That’s in accordance with Cortesi, who stated her staff at GAM funding administration spoke to Chinese consumers.



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