Earlier this year, NIO and Xpeng were called Tesla’s best rivals for global market share, and in a new update, one firm has upgraded NIO’s price target and rating. Shares of NIO rose up to 4% on Tuesday after Citi changed its rating on the stock to “buy” from “neutral,” as well as changing the […]
After announcing that all Chinese data from its cars would be stored locally, Tesla has established a location within the country to store information collected by sensors and cameras on its electric vehicles (EVs), according to Reuters. The news comes following an outburst of scrutiny in recent months, largely due to privacy concerns regarding data […]
Tesla is an important piece of the mainstream electric vehicle (EV) adoption puzzle, and it’s still making a dent in China, despite growing competition and criticism. The ultra-affordable and golf cart-like Wuling HongGuang Mini EV once again dominated the Chinese auto market in April, topping sales charts according to EV Sales. While the cheaper Wuling […]
While charging is one of the major barriers to mainstream electric vehicle (EV) adoption, Tesla is pumping them out quickly and has already announced its first fully China-produced Supercharger station. Jay in Shanghai shared the news of Tesla’s first fully made-in-China (MIC) Supercharger station on Thursday, which was unveiled in Shenzen, China with 9 Supercharger […]
In a seeming renewal of security concerns from the Chinese government earlier this year, China has officially banned the use of Tesla’s cars at some government compounds. According to Reuters, staff at specific offices for the Chinese government have been told to avoid parking their Tesla cars inside government compounds, due to security concerns related […]
According to the South China Morning Post, NIO and Xpeng Motors are building online communities for users to earn credit towards specific branded products, with the former company now having sold over 3 million products through its app. In addition, Tesla has already cultivated a loyal following of the company and CEO Elon Musk, which […]
In a new announcement on Monday, Tesla has announced plans to revamp its vehicle trade-in appraisal service in China, as shared by @Ray4Tesla. The new system applies to all different makes and models and offers a 14-day guaranteed appraised value with the addition of a 14-day commute use of the trade-in vehicle before new deliveries […]
Image via @JayinShanghai Tesla has opened a new retail store in Shanghai, China, set to showcase the company’s electric vehicle technologies. According to Jay in Shanghai, Tesla’s Shanghai Experience Store is like a miniature version of the company’s Gigafactory in China, displaying both electric vehicle (EV) parts including batteries motors, and bodies, as well as […]
Tesla is looking to add EVE Energy Co. to its Gigafactory Shanghai supply chain, according to four people familiar with the matter (via Reuters). The deal seeks to increase and bolster the number of low-cost electric vehicle (EV) batteries, to help keep up with increasing demand. Alongside China’s Contemporary Amperex Technology Company (CATL), EVE Energy […]
Among electric SUVs, Tesla’s Model Y barely fell short in the Chinese auto market in April, landing the second most registered SUV spot behind a local competitor. According to new energy SUV registration data from the China Automotive Technology and Research Center (via 42how_), 5,520 Tesla Model Y units were registered in China in April, […]
After a whirlwind series of public criticisms in China, alongside reports that it was bolstering relations with Chinese regulators, Tesla now faces falling sales in comparison with rivals, and, subsequently, falling shares. Tesla’s (TSLA) shares fell on Tuesday, following a decline in the company’s April sales in the Chinese market from March, according to Marketwatch. […]
After recent reports that Tesla planned to build an electric vehicle (EV) parts recycling facility in Shanghai, a new report claims the company is ceasing operations in expanding the Gigafactory in China. U.S. zero-emissions automaker Tesla has put a pause on plans to expand its Shanghai Gigafactory into a center for global export due to […]
After just a few years of a burgeoning zero-emission market from companies like NIO and Xpeng Motors and even Tesla, among others, China’s technology sector is making moves to jump into the future of the auto industry. China-based technology giants Huawei Technologies Co and Baidu Inc. are pouring $19 billion into electric vehicles (EVs) and […]
According to a tweet published earlier today by Tesla owner and enthusiast @ray4tesla, the electric vehicle (EV) pioneer has increased the price of the locally manufactured Model 3 Standard Range Plus (SR+) in China by 1,000 CNY ($155.46 USD or $188.66 CAD). @Teslacn has increased the price of MIC Model 3 SR+ by 1000 CNY […]
Following data privacy concerns in China over Tesla’s use of footage generated by its vehicles, the company is taking steps to improve the way it stores and shares this data. On Thursday, Tesla said it had plans to produce a platform that gives vehicle owners in China access to the data created and stored by […]
