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From electric cars to on-demand car service apps, companies like Uber, Google and Didi Dache are changing the way we get from place to place, and having a potentially irreversible effect on employment in this key sector.
US Tesla chief, who continues to respect Chinese makers of electric vehicles, not only met Premier Li Qiang but also came away with some good news.
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.
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- 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
- With Tesla sales falling, Musk could be cutting Supercharger network spending to conserve cash for other projects with more growth potential, analysts said
Eight main districts in Hangzhou including downtown Gongshu and Shangcheng, as well as Tonglu county, will be open for self-driving vehicle tests from May 1.
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.
Jetour targets markets like Malaysia and Indonesia with right-hand drive models as globalisation drive accelerates.
The Warren Buffett-backed carmaker posted first-quarter net profit of 4.57 billion yuan (US$631 million), 47.3 per cent lower than the quarter ended December 2023.
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.
China’s automotive sector braces for an escalating price war, and the intensified scramble for market share could hasten the closure of unprofitable laggards.
AeroHT, an affiliate of Chinese electric vehicle maker Xpeng, has started the countdown for the commercialisation of its flying car and plans to start taking pre-orders in the fourth quarter of this year.
The electric vehicle maker is expected to build a base in India given the country’s importance as a sales market, analysts say.
International marques are mounting a spirited fightback, focusing on reliability and safety, and providing a mixed bag of petrol and electric cars for a new generations of local customers.
Chinese electric vehicle start-up Xpeng said its partnership with AI chip supplier Nvidia has not been affected by tighter US trade sanctions, but it will keep its options open with local suppliers.
Nissan Motor unveiled four new electric vehicle models at the Beijing Auto Show and vowed to build more EV products ‘in China, for China’ in an attempt to recover lost sales.
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 German carmaker, which saw its market share shrink in China last year, said it plans to launch 30 new electric cars on the mainland by 2030 as it vies to keep up with the rapid pace of electrification in the world’s largest vehicle market.
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.
Lawmakers hear 40 petrol stations have agreed to install 100 quick chargers by March next year.
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.
Hesai, which released new products based on its ATX technology on Friday, is seriously considering building plants outside mainland China to capitalise on the growing use of the technology, CEO Li says.
The affected vehicles have a fault with their accelerators that could cause the pedal to jam, Tesla said.
China is the world’s top producer and consumer of electric vehicles, and Beijing is now seeking the lead in hydrogen-powered vehicles.
The internet giant’s Intelligent Driving Group will strive for ‘100 million yuan of revenue and 100 million yuan of profits’, unit head Wang Yunpeng writes in a letter to employees.
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.
Ampace is betting on a boom in home energy storage systems and the ‘batterification’ of tools and electronic devices as it aims to solidify an already dominant position in a part of the market away from electric cars and smartphones.
