At least 123 Chinese automakers are facing off against Tesla for EV dominance

• China's EV market has become increasingly competitive.
• About 123 car companies sold electric vehicles, an auto consultant told WSJ.
• But only a few brands keep Tesla's dominance in China at bay.

Competition in the electric vehicle sector is only getting stiffer for Tesla in China, but what does that space exactly look like?

Here's one stat that Stephen Dyer, an auto consultant at AlixPartners, told The Wall Street Journal: In 2023, about 123 auto companies sold an electric vehicle in China.