Philippines – ThinkerCarResearch https://thinkercarresearch.com Mon, 26 May 2025 09:16:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://thinkercarresearch.com/wp-content/uploads/2025/05/cropped-ThinkerCar-32x32.png Philippines – ThinkerCarResearch https://thinkercarresearch.com 32 32 Tesla China Export Destination Crisis https://thinkercarresearch.com/2025/02/26/2025-tesla-china-export-destination-crisis/ https://thinkercarresearch.com/2025/02/26/2025-tesla-china-export-destination-crisis/#respond Wed, 26 Feb 2025 13:22:13 +0000 https://thinkercarresearch.com/?p=214 Tesla China’s exports fell 25.9% to approximately 245K units in 2024. Europe remained the main destination (77% of exports) despite a 24.8% drop. Exports to Asia, North America, and Oceania declined by 27.5%, 22.8%, and 41.1% respectively.

In the European region, the top three countries for Tesla China’s exports in 2024 are Belgium, the UK, and Spain. Belgium saw a YoY increase of 16%, accounting for 53.1% of the total, while the UK and Spain declined by 32% and 61%, respectively. Romania recorded the highest growth, whereas the Netherlands experienced the largest decline.

Excluding the European region, the top 3 countries for Tesla China‘s exports in 2024 are Canada, Australia, and Thailand, with YoY declines of 30%, 27%, and 74%, respectively. The Philippines, UAE, Mexico, and Indonesia are new export destinations for Tesla China in 2024, while Singapore is the only country to record a YoY increase.

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