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Tesla offering 0% interest loans in China to boost Model 3/Y sales
Tesla is wasting no time introducing new incentives to kick off the second quarter in China. The company is now offering 0% interest financing on new purchases of the Model 3 and Model Y Rear-Wheel […]

Ford’s Price Cuts on Mustang Mach-E Spark Sales Surge
Ford’s recent price reduction on the Mustang Mach-E has led to a surge in sales, after the Detroit-based automaker offered significant discounts on its 2023 model year inventory to clear out older models. The price […]

Smartphone maker Xiaomi scores a hit with first EV, sells out for the year in 24 hours
Xiaomi is definitely not regretting its decision to branch into EV manufacturing, as the company’s initial offering sold out the first year of production in under 24 hours. Xiaomi, the phone maker turned EV-maker, revealed its […]

Manitoba introduces $4,000 EV rebate program
The Manitoba government has unveiled its spring budget, and it includes an initiative aimed at making electric vehicles (EVs) more accessible. The province is introducing an EV rebate that offers up to $4,000 on new […]

Tesla Reclaims Global BEV Crown from China’s BYD
Despite facing production challenges and a year-on-year decline in deliveries, Tesla has once again emerged as the global leader in battery electric vehicle (BEV) sales, outpacing its closest competitor, China’s BYD, in the first quarter […]

Tesla’s China Sales Surge Nearly 50% in March, Recovering From Post-Chinese New Year Slowdown
Tesla Giga Shanghai delivered 89,064 vehicles in March, a significant increase from last month. After the Chinese New Year celebrations, work at the factory resumed at full capacity, and customers’ orders increased. Tesla sold 89,064 […]