Elon Musk’s recent visit to China, lasting less than 24 hours, has proven fruitful as Tesla gained tentative approval to deploy its Full Self-Driving (FSD) software in its second-largest market. This crucial development came after Musk’s series of meetings with top Chinese officials in Beijing, including Premier Li Qiang. The endorsement from China allows Tesla […]
Tesla is poised to overcome a significant obstacle in China by collaborating with Baidu for enhanced mapping and navigation capabilities, according to sources familiar with the development, reports Bloomberg. This partnership will allow Tesla to introduce advanced assisted driving features in China, leveraging lane-level navigation and mapping technology from Baidu, a Beijing-based internet giant and […]
China’s Premier Li Qiang met with Tesla CEO Elon Musk in Beijing on Sunday, praising Tesla’s contributions to US-China cooperation, according to China’s state television. The meeting highlighted Tesla as a successful example of bilateral collaboration. Musk’s visit aligns with his interest in expanding Tesla’s autonomous driving technology in China, the world’s largest auto market, […]
Tesla’s performance in China has shown a significant uptick, with the China Passenger Car Association (CPCA) reporting 30,224 exports for Tesla China in February. This data, analyzed by industry expert Roland Pircher, underlines the company’s expanding footprint in the Chinese market. Additionally, with the recently released wholesale figures, it is now confirmed that Tesla’s local […]
Tesla has announced a series of limited-time incentives on Weibo for customers purchasing Model 3 and Model Y vehicles before the end of March from existing inventory, with potential savings of up to ¥34,600 ($4,807 USD). The promotions include an insurance subsidy for the rear-wheel-drive versions of Model 3 and Model Y, offering benefits worth […]
Tesla is offering up a free trial of its Enhanced Autopilot feature for customers in China, as part of Year of the Dragon celebrations. The company says customers can enjoy a free 30-day trial of Enhanced Autopilot, and it’s expected to reach millions of customers. Special Chinese New Year Gift from Tesla China! Roll out […]
In celebration of the Chinese New Year, Tesla has unveiled a series of enticing promotional offers for its customers in China, valid through February and March 2024. The electric vehicle giant is offering an 8,000 yuan cash discount on its Model Y, while supplies last, alongside a reduced price for all premium car paint upgrades […]
Tesla is set to expand its Model 3 lineup in China with the upcoming launch of the highly anticipated Performance version. The new Tesla Model 3 Performance is expected to hit the Chinese market in the second quarter, with a projected price around RMB 400,000 yuan ($55,730), as reported by local automotive media outlet Dongchedi […]
Tesla has initiated the purchase of cathode coils from two secondary Chinese battery manufacturers, which apparently took place in the latter half of 2023. These components are being shipped to Tesla’s Giga Texas factory in the United States for the production of 4680 batteries, as reported by the local media outlet LatePost (via CnEVPost). Cathode […]
Shares of Chinese electric vehicle (EV) manufacturers experienced a significant downturn, influenced by Tesla’s recent price reductions in China and a sluggish start to January sales. NIO, XPeng, and Zhejiang Leapmotor Technology all saw notable declines in their stock values, reports the Wall Street Journal. On Wednesday, NIO’s shares dropped 9.6% to HK$49.05 (US$6.27), following […]
The buzz surrounding Tesla’s Cybertruck expansion has reached new heights with rumors circulating about its arrival in China—not for sale, but as an eye-catching store display. This speculation has been fueled by discussions within a dedicated Cybertruck chat group, which includes nearly 500 members, all holding preorders for the futuristic vehicle, with many eager to […]
Tesla has lowered the price of select trims of its Model 3 and Model Y vehicles in China, as of January 12, 2024. Price drops range from 2% and up to nearly 6%, depending on vehicle. Clearly Tesla is trying to increase demand in China. Check out the price changes below… Model 3 Model 3 […]
Tesla China has reported an impressive performance for the fourth quarter of 2023, setting new records in vehicle deliveries and insurance registrations. According to the latest data, Tesla China’s units based on insurance registrations have seen a significant year-over-year increase, rising from 440,793 units in 2022 to 610,074 units in 2023. That’s a year-over-year increase […]
Tesla has announced the renewal of its insurance subsidy program for the Model 3 in China, following the end of a previous incentive that expired on December 31. The renewed subsidy, effective from January 1 to January 31, offers customers a RMB 6,000 ($845) discount on insurance for the rear-wheel-drive version of the Model 3, […]
Tesla has officially inaugurated its new mega factory project in Shanghai, capable of producing 10,000 Megapacks annually, the company announced on Friday. The project’s initiation was marked by a land acquisition signing ceremony on Friday morning in Shanghai, heralding what Tesla describes as a “milestone project.” The Megapack, a powerful battery designed for energy storage […]
