Tesla May Expand China Factory: More Powertrain Production, New Batteries
Tesla has reportedly filed paperwork with the intent to expand its EV factory in China, coined Giga Shanghai. The potential expansion would allow the US EV maker to produce more powertrains and up the number of vehicles it can manufacture….
Wang Chuanfu And BYD: Revolutionizing The Electric Vehicle Industry
Everyone has heard of Tesla CEO Elon Musk and the way he is changing the automobile industry. Entrepreneur Li Shufu is also well known as he is the force behind Zhejiang Geely Holding Group which controls many OEMs including Volvo Car Group…
Tesla Recalls Over 1.1 mn EVs In China Due To Braking Issue
Elon Musk-run Tesla has recalled over 1.1 million electric vehicles (EVs), or nearly all the vehicles it has sold in China, in response to a braking problem. According to Engadget, the lack of an option to set regenerative braking intensity and receive…
Tesla Revs Up China Expansion As EV Rivals BYD, Geely Race Ahead
According to the Chinese Passenger Car Association, Tesla’s Shanghai Gigafactory delivered 75,842 vehicles in China in April, outpacing Mercedes-Benz, BMW, and Audi. Tesla’s Model Y was the bestseller with 49,059 units sold, followed by the Model 3 with 26,783 units sold. …
China’s BYD Cuts Starting Price For Seal EV; Aims To Extend Lead
SHANGHAI (Reuters) -BYD Co Ltd on Wednesday cut the starting price of its best-selling Seal sedan by 10%, as the Chinese electric vehicle (EV) giant seeks to extend its lead in the world’s largest auto market with lower-priced products. The…
Battle For China’s Electric SUV Market Heats Up At Home And Abroad
SHANGHAI, May 8 (Reuters) – China is ground zero for the price war in electric vehicles and the battleground is shifting to SUV-styled EVs, the largest segment of the market, dominated by Tesla Inc (TSLA.O) and BYD (002594.SZ). The market, crowded with more…
China Prepares To Bolster EV Charging Infrastructure; Tesla Raises Model S, X Prices In China
China has proposed to fast-track the construction of charging facilities for new energy vehicles like electric cars and improve policies for purchasing and using them. China which boasts of the largest auto market is accelerating toward an electric future. Improved charging infrastructure for new…
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…
Tesla’s Chinese Rivals Set New Records
Tesla’s competition in the electric vehicle market has been heating up over the past two years as more EV manufacturers ramp up production and deliveries. Elon Musk’s Austin, Texas-based company has seen its share of the EV market shrink from…
China Regulator Says Tesla Recalls More Than 80,000 Cars
Tesla Inc is recalling more than 80,000 China-made and imported cars produced from as early as 2013, for software and seat belt issues, a statement by the Chinese market regulator revealed on Friday. The U.S.-based electric car maker has recalled…
