china

Louis Navellier, Chief Investment Officer at asset management firm Navellier, believes homegrown electric vehicle (EV) maker NIO is poised to replace Tesla as the market leader in the Chinese region — reports The Street. “Another electric vehicle company will eventually displace Tesla as the biggest manufacturer of EVs in China,” Navellier wrote in his bold […]

The financial analysts at UBS Global have adjusted their Tesla price target, based on concerns with rising local competition in China, reports Yahoo! Finance. While UBS maintained its ‘neutral’ rating on Tesla’s stock, the firm adjusted its price target down from $730 USD to $660 USD. In addition, UBS Global has also reduced its EPS […]

Tesla’s software updates often subtly change the functionality of its cars, and a recent update following a “safety recall” in the country has upgraded the company’s cruise control mode to become more engaging for drivers. A new over-the-air (OTA) update in China’s Tesla vehicles features audible alerts when the driver enters or exits the car’s […]

Tesla ‘Recall’ in China to Push Over-the-Air Software Update to 300,000 Cars Chinese regulatory authorities announced on Saturday that Tesla would remotely “recall” close to 300,000 Model 3 and Model Y units in the region for an online software update that has to do with assisted driving — reports CNBC. Tesla is able to address […]

China-based Xpeng Motors was called one of Tesla’s best rivals for global market share by JP Morgan, and according to a new update, the company has announced major offerings into its growing electric vehicle (EV) business. On Thursday, Xpeng Motors said it plans to offer 85 million Class A shares of the company, which will […]

Tesla announced plans to make all Superchargers run with 100% renewable energy this year, and the company has taken a new step in that direction in one region of the world’s largest auto market. Reuters reported on Tuesday that U.S. electric automaker Tesla has installed its first solar Supercharger station in China, located in the […]

After a relatively slow April in the Chinese auto market for Tesla, the company has followed up with an impressive May, effectively tripling its sales year-over-year (YoY) within the country. According to data collected by the China Passenger Car Association (CPCA), Tesla sold 33,463 electric vehicles (EVs) in China throughout May, as reported by The […]

Tesla’s vehicles are considered some of the safest out there, but a new incident in East China’s Zhejiang Province shows that even a safe car can’t stop a driver from making mistakes – some of which are even fatal. A driver in a black Tesla sedan (allegedly a Model X via Silicon) struck a vehicle […]

Tesla’s Shanghai factory currently only produces the company’s Model 3 and Y electric vehicles (EVs), but a new filing in China indicates that may change at some point in the future. On Tuesday, @Ray4Tesla reported that Tesla China filed an application to trademark “Cybertruck” in China, according to an application filing dated May 18, 2021. […]

One of Tesla’s China-based suppliers will build a new electric vehicle (EV) battery plant in Shanghai, further promoting a growing EV base in the world’s largest auto market. According to people familiar with the matter, China’s Contemporary Amperex Technology (CATL) is planning to build an EV battery plant in Shanghai, which will help the company […]

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 […]