Tesla Raises EV Prices Globally, With The Biggest Increase In China
Tesla has raised prices in its most important electric vehicle markets, including China and the United States, reversing a series of recent price cuts that have pushed the company’s profit margin to the lowest since 2020 and sparked a price war. The US car…
Is This The New Mazda 6? Mystery Electric Sedans Teased In China
A successor to the ageing Mazda 6 sedan may be in development after all, with the choice of hybrid or electric power – but from an unlikely source: China. Mazda executives have repeatedly poured cold water on plans for a new Mazda 6 –…
Chinese Electric vehicle Brands Expand To Global Markets
YOKOHAMA, Japan (AP) — Osamu Furukawa has driven lots of Japanese cars for his business converting classic gasoline-powered models to electric. But his favorite ride is an import: A battery-powered SUV from China’s BYD Auto. BYD Auto is part of…
bp pulse and Uber Team Up On Driver Charging As EV Momentum Builds
bp and Uber today announced a new global mobility agreement which will see the companies work together to help accelerate Uber’s commitment to become a zero-tailpipe emissions mobility platform in the US, Canada and Europe by 2030 and globally by…
China To Double Down On Push To Be Self-Reliant In Tech, Premier Says
China’s science and technology policies should aim to build its strength and self-reliance, while the role of the government in pooling resources for key technological breakthroughs needed to be leveraged better, Premier Li Keqiang said on Sunday. The nation effectively…
More Driverless Vehicles Rolling Out In China
A few companies are starting to offer geographically limited robotaxi service in China, most notably Baidu and AutoX. You can now add Pony.ai to the mix, sort of. Its robotaxis just got approved for testing from the Beijing Intelligent Connected…
China’s EV Market To See Slower Growth In 2023
China’s electric vehicle (EV) market is set to lose steam in 2023 as Beijing phases out cash subsidies and consumers shy away from big-ticket items over concerns about a gloomy economy. Slow sales growth of battery-powered vehicles could exacerbate production…
Tesla Suspends Production At Shanghai Plant
Tesla suspended production at its Shanghai plant on Saturday, according to an internal notice and two people with knowledge of the matter, bringing ahead a previous plan to pause most work at the plant in the last week of December….
NIO Passes 300,000 Sales, Zeekr Going Public (Seeking $1 Billion+)
We’ve got some notable news from two Chinese EV startups from this past week or so. NIO has hit a big sales milestone, and Zeekr is looking to go public in the USA and raise at least $1 billion. The…
China’s EV Market Bucks Downward Auto Output
Chinese carmakers produced 2.39 million units in November, down by 8.2% from October, while sales fell by 7.1% month on month to 2.33 million units. Production and sales both dropped by 7.9% year on year, according to the China Association…
