Every EVXL story tagged “China” — newest first.
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 still lag behind Tesla in core EV technology. Rawlinson’s insights provide a unique perspective as…
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 plans to initiate production at this new facility in the fourth quarter of 2024, as…
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 information on smear campaigns against the company, according to Reuters. BYD’s Commitment to Brand Protection…
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 Association reported that Tesla sold 82,432 cars in November, a stark contrast to the same…
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 expressed his support for Tesla’s continued development in China. Musk thanked President Xi and he…
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 This move comes after Tesla rescinded a discount on the performance edition of its Shanghai-made Model Y…
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 promises to be a game-changer. According to a recent announcement by the government-owned Shanghai Waigaoqiao…
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 a $35,000 hole in their pockets, the resilience and innovative spirit of this enterprise stand…
One email. Six stories. Filed each morning before the world is. Read by Tesla owners, Rivian preorder holders, dealer GMs, and the analysts that move EV stocks.
