As Chinese NEV companies grow muscle, their output also becomes more capable of rivaling Tesla, perhaps not comprehensively, but definitely on certain fronts.
TagTesla Model 3
Tesla's Shanghai factory struggled to resume operations at full capacity on May 6 as planned after the five-day national holiday, and the standstill will likely last until May 9.
Elon Musk confirmed in an earnings call Wednesday that Tesla will cut the price of the Model 3 in China to meet the new eligibility for subsidies.
Tesla is on track to topple BYD as the world's largest NEV manufacturer. To make things worse, now that Tesla has a factory in China, its low-end products are priced almost at the same level as BYD's high-end products.
On March 10, the Chinese Ministry of Industry and Information Technology spoke with Tesla regarding its HW2.5 hardware downgrade scandal.
Recently, an owner of Tesla’s upgraded Model 3 reported on Weibo that the hardware code of their car controller was inconsistent with the number on the documents of the vehicle.
Tesla is applying to offer a new version of their China-made Model 3, according to a document from China’s Ministry of Industry and Information Technology.
Following a temporary suspension of production due to the coronavirus outbreak, California-based EV-maker Tesla’s Shanghai gigafactory has resumed its normal business.
On February 3, Chinese battery manufacturer CATL announced that it has signed a two year supply agreement with Tesla effective between July 1, 2020 and June 30, 2022.
For the first time since 2016, Tesla has surpassed the Chinese automaker BYD as the world's new energy vehicle sales champion, with 367,500 vehicles sold.
The public delivery of domestically made Model 3 cars will officially begin next week.
Tesla held a "Made in China Model 3 Employee Delivery Ceremony" in Shanghai on Monday, delivering the first domestically produced Model 3 cars to the first batch of employee owners.
Tesla seems to be kicking off the deliveries of the Made-in-China Model 3 ahead of schedule as transport trucks carrying the cars were seen leaving the automakers’s Shanghai Gigafactory.
Tesla's Gigafactory in China has been producing a large amount of Tesla Model 3 vehicles, however the company is still waiting for the official approval to begin selling the cars.
The Made-in-China Tesla Model 3 will be showcased at the Guangzhou International Motor Show on November 22.