Tesla is the world’s largest EV maker by all-electric car registrations and the runner-up in plug-in type car sales in the first three quarters of 2022. Korea, meanwhile, is home to LG Energy Solution, the world’s second-largest EV battery maker and one of the suppliers for Tesla. “Japan has a huge automotive market that sells about five million cars every year. Tesla sold 13,032 EVs from January to September, down 20 per cent from the previous year, according to data jointly provided by market tracker CarIsYou and the Korea Automobile Importers and Distributors Association. The decline of Tesla’s sales was steeper than the average of foreign brands, at 7.4 per cent.
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