Ford restructures its EV business in China
China has emerged as one of the key EV markets globally, and automakers are scrambling to adjust to the new reality. Ford, which is already present in the Asian country, is adjusted its EV strategy to […]
Tesla and Shanghai Government Team Up For New Incentive Offer
Tesla has rolled out a new incentive in China in collaboration with the Shanghai government in a bid to bolster consumption and stimulate the local economy, providing shopping vouchers to new buyers. According to a […]
Tesla China’s July sales decline 31% compared to June
The latest sales figures for Tesla in China have been released and the automaker registered 64,285 sales in the 31-day month, a 31% decline in July compared to June. This was also the lowest number […]
Tesla extends lithium hydroxide supply agreement with China’s Yahua Group until 2030
Tesla has extended its lithium hydroxide supply agreement withChina’s Yahua Lithium Industry Co., Ltd. This renewed contract is set to run from August 1, 2023, to December 31, 2030. The initial agreement between Tesla and […]
Xpeng, Nio, and Li Auto report impressive growth in July
Xpeng, Nio, and Li Auto have released their vehicle delivery numbers for July, showcasing a growing electric vehicle (EV) market in China. Xpeng reported a significant milestone in July, delivering 11,008 vehicles last month. This […]
Tesla’s domestic sales in China grow 75% in June
Tesla China has been on a tear so far in 2023, accounting for more than half of the automaker’s total deliveries in the first six months of the year. When it comes to domestic deliveries […]
Pledge that attempted to end EV price war in China cancelled
The Chinese Automobile Manufacturers Association (CAMA) has cancelled a section of an agreement signed this week by 16 automakers, including Tesla, that attempted to end the electric vehicle (EV) price wars in China. Earlier this […]
Tesla and 15 other automakers commit to “fair market order” in China in effort to end price wars
A group of 16 automakers, including Tesla, have committed to maintaining fair market order in China in an attempt to moderate price fluctuations and foster fair competition. The “letter of acceptance for maintaining fair market […]
China sees massive rebound in EV sales in June
Tesla’s principal rivals in China saw a massive rebound and finished out the month of June with solid sales across the board. Per the South China Morning Post, Li Auto, NIO and Xpeng had a […]
Tesla slashes Model 3 and Model Y prices in Australia, Model S and X in China
Tesla is starting quarter three with another massive price drop on the Model Y and Model 3 in Australia. With the new $3,500 price drop, the two vehicles are the cheapest they have ever been […]
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