Tesla has reportedly unveiled an enticing new promotion in China, giving prospective buyers of Model 3 and Model Y the choice between a zero-interest financing option and a zero-down payment plan. This offer, valid until June 30th, is designed to…
New US Tariffs on Chinese EVs: A Setback for Carbon Neutrality Chinese electric vehicle (EV) manufacturer Xpeng has voiced concerns over the recent U.S. tariffs on Chinese EVs, calling them a significant hurdle to achieving global carbon neutrality and advancing…
A tiny, low-priced electric vehicle (EV) from China, named the Seagull, has American automakers and politicians on edge. Launched last year by Chinese automaker BYD, the Seagull offers impressive craftsmanship at a fraction of the cost of its U.S. counterparts,…
Tesla has recently set up an impressive display featuring the upgraded Model 3 Performance and the much-anticipated Cybertruck at a mobility expo in Macau. This exhibition took place at the Car, Sky, and Vehicle Expo held at the Venetian Cotai…
At the recent Financial Times’ Future of the Car Summit, Lucid CEO Peter Rawlinson delivered a nuanced view on the electric vehicle (EV) landscape. He acknowledged the significant strides Chinese automakers like BYD have made, yet he emphasized that they…
Tesla’s Strategic Move into Battery Manufacturing in China Tesla Inc. has made a significant move in China’s rapidly growing electric vehicle market by acquiring land in Shanghai to build a megapack battery manufacturing plant. The American electric vehicle (EV) giant…
The EV Dilemma: China’s Dominance Meets U.S. Resistance As the world convenes in Dubai to address carbon emissions, the shift from gas-powered to electric vehicles (EVs) hits a geopolitical impasse, according to Axios. Two-thirds of the world’s EVs are made…
BYD Enhances Reward System to Counter Smear Campaigns China’s leading electric vehicle manufacturer, BYD, announced on Sunday that it is making its tipster reward system permanent. This initiative offers up to 5 million yuan ($700,918) to individuals who provide credible…
Tesla’s Sales Dip in China Amidst Intensifying EV Competition Tesla, the renowned U.S. automaker, experienced a significant 17.8% drop in sales of its China-made electric vehicles (EVs) this November, marking the largest decline since December 2022. The China Passenger Car…
Market Debut Challenges for Foxconn’s EV Unit Foxconn’s foray into electric vehicles encountered a bumpy start as Foxtron Vehicle Technologies, its dedicated EV unit, stumbled in its market debut. Despite recovering from an initial 9% drop, shares reportedly closed down…
The Pivotal Meeting in San Francisco In an important development for the electric vehicle (EV) industry, China’s President Xi Jinping met with Tesla CEO Elon Musk in San Francisco. During the meeting that took place on Wednesday, President Xi reportedly…
Tesla Inc. has recently adjusted the pricing for its high-performance Model Y SUV in China, marking up the cost by 14,000 yuan ($1,913.88) effective from a recent Friday, as announced through a social media notice, according to Reuters. This move…
When you think of innovation and electric cars, Tesla undoubtedly comes to mind. Their latest move? Securing a spot for their grandest sales and service center in China. Nestled in the heart of Shanghai’s thriving Pudong district, Tesla’s new venture…
Imagine a company selling a revolutionary product at a substantial loss, yet soaring high on the global stage. Welcome to the electrifying world of Nio, a beacon of China’s ambitious foray into electric vehicles (EVs). Despite every car sale drilling…
The electric vehicle (EV) sector witnessed a new chapter of disputes as the European Union (EU) unveiled its investigation into Chinese EV subsidies. China, however, has voiced its concerns, indicating the depths of the growing rift between the two economic…
All About the Updated Model Y from Tesla In a fresh move to entice car enthusiasts, Tesla, the renowned U.S. automaker, has introduced an updated Model Y in China. This launch, however, isn’t about skyrocketing prices. In fact, the price…
When cruising the roads in an electric vehicle (EV), such as a Tesla Model 3, you might notice something—a heightened awareness of wind and road noise. This is because, unlike the roar of traditional internal combustion engines (ICE), EVs run…
Imagine a place with countless charging spots for electric vehicles, right next to a bustling airport. Shell just made it real in Shenzhen, China! Leading the EV Charge Shell recently announced the inauguration of its “largest electric vehicle (EV) charging…
Recent reports suggest that U.S. electric car manufacturer Lucid is contemplating an entry into the Chinese market. As per CNBC, there isn’t a confirmed timeline for this ambitious move. The Chinese Market Appeal China isn’t just the largest car market…
In an authoritative push for electric vehicle (EV) innovation, China’s revered “father of EVs”, Wan Gang, underscores the paramount importance of efficient batteries, streamlined EV designs, and advanced driving systems. These elements, he professes, are vital to magnifying the EV…
Amidst the unease of Western automakers, German auto suppliers are demonstrating enthusiasm for the European forays of Chinese EV producers. Major German firms are keen on leveraging their established ties in China to supply European parts to these burgeoning manufacturers.…
Li Auto, an emerging Chinese automaker, has its sights set on outpacing luxury car giants BMW, Mercedes-Benz, and Audi in its domestic market by 2024. The company’s CEO, Li Xiang, reportedly confidently proclaimed on Tuesday, “We would strive to become…
A storm originating from China is on the horizon for Europe’s blossoming electric vehicle (EV) sector, Renault’s Chairman Jean-Dominique Senard shared with Reuters this past Saturday. According to Senard, China’s control over essential raw materials used in EV batteries puts…
Tesla’s CEO Elon Musk unveiled his latest predictions for the debut of fully autonomous Teslas, saying they’re expected to hit the roads “later this year”. He delivered these remarks at an AI conference in Shanghai, indicating the company’s close ties…
In the bustling arena of electric vehicles (EVs), a shockwave was felt on Friday when shares of Xpeng, the Chinese EV manufacturer, skyrocketed more than 11%. The dramatic leap came after the company priced its latest innovation, the G6 sport…
In a bold move to cement its position in the electric vehicle industry, China’s Xpeng Inc broadened its self-driving capabilities to Beijing on Thursday. This step marks another milestone in the wider deployment of its City Navigation Guided Pilot (City…
Tesla’s Model Y emerged as the globe’s top-selling vehicle in Q1 this year, with China becoming its leading market, as revealed by data from JATO, a market research firm. The electric vehicle company, Tesla, witnessed sales of 267,171 Model Y…
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