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Beijing accuses Brussels of protectionism over its threatened tariffs against imports of competitively priced quality cars, putting relations on an even rockier road.
Shenzhen carmaker is having the last laugh on Elon Musk as its global deliveries overtake those of US rival.
- Li Auto’s sales fell 11 per cent month on month, while Xpeng and Nio saw sales jump 4 per cent and 33 per cent, respectively
- BYD, the world’s largest EV maker, sold 313,245 plug-in hybrids and pure battery EVs, 3 per cent higher month on month
To go to market with Tesla’s Full Self-Driving system, Elon Musk had no choice but to join a Chinese partner for a mapping licence on the mainland.
General Motors, Ford and other carmakers, which struck deals last year to give customers access to the network, said they are not changing their plans.
Tesla CEO Elon Musk cancelled his meeting with India PM Modi last week, and instead went to China to make progress towards an advanced driver assistance package.
The US carmaker has passed a test of its compliance with Beijing’s data security rules thanks to a watershed decision it says could pave the way for the removal of some restrictions on the use of its cars in mainland China.
Billionaire Elon Musk flew into Beijing on Sunday, meeting Premier Li Qiang and hoping to bring Tesla’s autonomous driving technology to China amid intensified competition with local electric vehicle makers.
The electric vehicle maker is expected to build a base in India given the country’s importance as a sales market, analysts say.
The carmaker hopes to lure high-end Chinese consumers amid an escalating price war among some of its top rivals.
Further discounts offered by carmakers in a price war in mainland China’s electric vehicle market could ensnare even the likes of top seller BYD, Goldman Sachs says.
The fake Musk claimed he could make the woman rich by helping her invest her money.
Tesla launch of ‘new models’ by early 2025 in an advanced timeline would use its current platforms and production lines
Chinese smartphone brand Xiaomi has declared initial victory in its foray into the crowded electric vehicle market, claiming more than 70,000 orders for its SU7 sedan in the first month.
Readers discuss the competition among electric vehicle manufacturers in China, and what the country’s leadership should prioritise.
Li Auto , Tesla’s nearest rival in mainland China, reduced the price of all its vehicles by up to 5.7 per cent, just a day after the US carmaker offered discounts to local customers amid an escalating discount war.
Musk has ordered the company’s biggest lay-offs ever and staked its future on a next-generation, self-driving vehicle concept called the robotaxi. People familiar with his directives are unsettled by the changes the CEO wants to push through.
Tesla has cut the prices of its Shanghai-made vehicles by more than 5 per cent in mainland China, joining an intensifying discount war in the country amid a slowdown in the carmaker’s sales globally.
The planned visit would have included a meeting with Prime Minister Modi and the announcement of plans for Tesla to enter the Indian market.
Mainland China’s tech sector is bracing for a new round of job cuts at Ericsson, Tesla, Amazon.com and Intel.
The affected vehicles have a fault with their accelerators that could cause the pedal to jam, Tesla said.
Beijing-based Li Auto has priced the new L6 SUV from 249,800 yuan (US$34,509) onwards, 5 per cent cheaper than Tesla’s popular Model Y.
Only a few dozen employees at the Gigafactory 3 in Shanghai were told to leave, representing a tiny portion of the workforce of 20,000 assembling Model 3 and Model Y vehicles, say two people with knowledge of the matter.
Carmakers like Dongfeng, Chery and BYD are eyeing production sites in Europe to assemble the next generation of electric vehicles as a foil against the EU’s protectionist tariffs as a brutal price war at home drives more producers offshore in search of fresh markets.
Chinese state-owned carmaker Chery Automobile takes a step into Europe’s EV markets as its Omoda brand establishes a partnership with UK car rental company Octopus Electric Vehicles.
Xiaomi’s roaring entry into the electric vehicle market is dimming the recovery outlook for China’s beaten down car start-ups, with better-than-expected initial orders for the SU7 helping a rally its shares.
Spotlight Automotive, BMW’s 50-50 EV venture with mainland Chinese partner Great Wall Motor, is designing new models that it hopes to sell globally.
Huawei announced new versions of its Luxeed S7 electric sedan and a PC with AI built in, but people are still awaiting its next big smartphone launch since the Mate 60.
Bad Bunny rolled up to a leg of his tour in one of these, while Justin Bieber and Pharrell Williams have also been photographed with the massive vehicle
Tesla CEO Elon Musk said artificial intelligence (AI) would be smarter than the smartest human probably by next year, or by 2026, adding that AI development was constrained by the availability of electricity.
Walter Huang was killed on the way to work in 2018 when his Model X swerved off a highway near San Francisco. His family had alleged that Autopilot steered the vehicle into a highway barrier.
