Tesla is reportedly laying off some battery production workers at its Giga Shanghai plant, according to sources familiar with the matter, speaking with Bloomberg. This move comes amidst a fierce price war in China, where car manufacturers are heavily discounting their vehicles. The US electric carmaker began notifying employees on the cell assembly lines of […]
Tesla has announced a new incentive for prospective buyers in China, the world’s largest market for electric vehicles (EVs). The company will offer a cash bonus equivalent to nearly $500 to new buyers of its top-selling EVs if they are referred by an existing owner, starting on July 7, 2023. The cash rebate of 3,500 […]
Tesla and 15 Chinese automakers vowed to steer clear of abnormal pricing and promote “core socialist values” at an industry conference in Shanghai. The move comes just months after Tesla initiated a price war that sent shockwaves through China’s electric-vehicle industry. The automakers, including Tesla, pledged to contribute to China’s economic growth and to maintain […]
Tesla’s production in China has seen a remarkable uptick, growing almost 20% in June and helping the company’s record-breaking quarterly sales performance. According to preliminary data from the China Passenger Car Association (CPCA) on Tuesday, Tesla’s output from Gigafactory Shanghai was a total of 93,680 cars in June 2023. This figure marks a significant increase […]
Tesla is gearing up for another record-breaking quarter in China, with an anticipated sale of around 155,000 vehicles between April and June, marking a 13% surge from the first quarter. This bullish forecast, however, is shadowed by the growing challenge from domestic competitors such as BYD, as per analysts. Despite the impressive sales projection, Tesla’s […]
Tesla is reportedly encouraging numerous Chinese suppliers to establish factories in Mexico, reports unnamed sources speaking to 36kr. The urgency of this transition, according to industry insiders, lies in Tesla’s ambitious plan to emulate its efficient Giga Shanghai overseas. Tesla suppliers, including the Xusheng Group, have already revealed intentions to build factories in Mexico this […]
Greater Bay Technology, a Chinese battery startup, has announced a breakthrough development that could transform the electric vehicle (EV) industry – an all-weather battery capable of maintaining power and range even in the harshest cold climates. Dubbed the Phoenix, the novel cell is designed with superconducting materials and integrated with cutting-edge thermal management technology. According […]
Tesla demonstrated solid growth in its China operations, with a 142% year-on-year surge in sales, as reported by the China Passenger Car Association (CPCA) on Monday. In May, Tesla delivered 77,695 EVs made in its Shanghai factory, reflecting a modest 2.4% monthly increase from April’s figures. The remarkable annual growth comes in contrast to the […]
In the first visit to Tesla’s Shanghai factory in years, CEO Elon Musk is expected to offer an early preview of the company’s updated Model 3 sedan, according to sources who wished to remain anonymous, reports Bloomberg. The unveiling, which is set to take place on Thursday, will showcase the first off-the-line prototypes of the […]
Tesla is set to launch its largest-ever “recall” in China, targeting a software flaw in over 1.1 million vehicles. The issue, concerning the regenerative braking system, can be fixed via an over-the-air (OTA) update. The so-called “recall” is slated to begin on May 29, 2023, reports CnEVPost. The over-the-air software fix will apply to both […]
Tesla isn’t planning to put up a booth at the upcoming Auto Shanghai show, as shown in plans from the organizers of the event, Reuters reports. Auto Shanghai will take place from April 18 to 27, and the show is the largest auto show in Asia. It’s set to feature new vehicles and tech from […]
Tesla reached record-breaking production levels in China in March, producing 60,127 Model Y units and 27,810 Model 3 units, according to @Roland Pircher, citing data from the Tesla Podcast on Wednesday. In February, Giga Shanghai produced 52,000 Model Y and 20,000 Model 3 vehicles. The 60,000 Model Y milestone in one month is a record, […]
Tesla’s Model Y SUV was the best-selling vehicle of all passenger vehicles in China in Q1, as noted by @Berlinergy on Tuesday in sales data including internal combustion engines. Berlinergy also shared a bar graph of the sales data, distinguishing between ICE models, plugin hybrid electric vehicles (PHEVs) and battery-electric vehicles (BEVs), like Tesla’s lineup. […]
Tesla delivered 76,663 cars in China, built at Gigafactory Shanghai in March, according to data from the China Passenger Car Association (CPCA) (via CnEVPost). The total March figure is comprised of 12,206 vehicles exported from Giga Shanghai, and 76,663 vehicles sold in China during the same month. It also marked a 35-percent boost year-over-year in […]
Tesla continues to keep posting job positions related to energy storage facilities in China, suggesting the company may be expanding its energy storage business in the nation (via @Tslachan). Tslachan shared some energy storage facilities job postings, seemingly what appears to be mirroring Tesla’s Lathrop, California Megafactory with similar construction to Gigafactory Shanghai. Additionally, such […]
