tesla Archives - Pandaily

Tesla Denies Setting Up Chip Firm in China

In recent days, reports about a chip joint venture in China between Tesla and Swiss semiconductor company Annex have attracted a lot of attention, but on November 30, Tesla China said that the EV maker has not established a chip company in China.

Fatal Car Accident in China Involving Tesla Model Y Stirs Controversy

On the afternoon of November 28, a collision between multiple vehicles occurred in Taizhou, China's Zhejiang Province. During the accident, a Tesla Model Y collided with two cars, causing two deaths, one injury, and serious damage to all vehicles involved.

NIO Starts Selling Coffee, Applies for Related Trademarks

China's automobile and coffee industries have been getting closer and closer lately. In October of this year, domestic electric vehicle maker NIO applied for several trademarks related to coffee in a bid to search for new growth points.

Tesla Denies Fire at Shanghai Auto Shop Caused by A Model Y

A fire broke out on November 24 at an auto interior shop in Shanghai, damaging about 12 luxury cars. Although the cause of the fire is still under investigation, several bloggers claimed that a Tesla Model Y was the source. Tesla has denied this speculation.

BYD Starts Price Increases Ranging From $279 to $838

Following recent cuts made by Tesla to its electric vehicle prices in the Chinese market, BYD announced on November 23 that it will increase the prices of its Dynasty series, Ocean series and Denza vehicles, ranging from 2,000 yuan ($279) to 6,000 yuan ($838).

Co-CEO of Alibaba-Backed IM Motors Comments on Recent Tesla Accident in China

Liu Tao, the co-CEO of Alibaba-backed IM Motors, commented on a recent fatal incident involving a Tesla vehicle in China. The executive believed that the Amercian EV maker had resorted to incredible excuses and even caused vehicle owners to monitor brake pedals with cameras.

Chinese EV Maker XPeng Motors Denies Price Reduction Rumors

After Tesla launched its "price reduction promotion" in China, the market began to wait and see whether other new energy vehicle brands would follow suit. Recently, XPeng Motors, a Chinese new energy vehicle manufacturer, seemed to follow the move.

Tesla Car Owner Installs Cameras to Monitor Brakes After Guangdong Accident

A Tesla vehicle in China crashed recently after it suddenly lost control. The question of whether or not the driver pressed the brake pedal has become a controversial issue. This incident has sounded the alarm for many Tesla car owners, one of whom has installed cameras to monitor its braking system.

Tesla Model Y Loses Control in Guangdong, Two Dead and Three Injuries

A Tesla Model Y in Chaozhou, China's Guangdong Province was recently suspected to have lost control while driving at a high speed for 2.6 kilometers, causing two deaths and three injuries. The maximum speed of the vehicle reached 198 km/hour.

NIO’s Q3 Revenue Up 32.6% YoY, Five New Cars to Be Unveiled Next Year

On November 10, Chinese electric vehicle maker NIO released its financial report for the third quarter of 2022. The company achieved revenue of 13.002 billion yuan ($1.81 billion) in the period, up 32.6% year-on-year and achieving positive growth for 10 consecutive quarters.

Secretary-General of CPCA Believes No Huge Price Reduction in China after Tesla

China's auto market experienced challenges in October. Tesla's late October price reduction in China raised questions regarding whether or not there will be price reductions by other new energy vehicle enterprises in the country.

BYD to Launch High-End Brand in Q1 2023

BYD's high-end brand is tentatively scheduled to be officially launched in the first quarter of 2023, with the price of the first model exceeding one million yuan ($137,678).

Tesla Debuts Model S and X Plaid, Humanoid Robot in China

At the fifth China International Import Expo (CIIE), which opened on November 5, Tesla displayed its Model 3, Model Y, Model S Plaid, Model X Plaid, and Tesla Bot, a conceptual general-purpose robotic humanoid.

BYD’s October NEV Sales Triple Those of Tesla China

On November 3, BYD announced that it had achieved a sales volume in October of 217,800 new energy vehicles, a record high and the second consecutive month that the figure surpassed 200,000 units.

Tesla Shuts First Showroom in China Due to High Costs

Tesla has reportedly closed its first flagship showroom in China, located in Beijing's upscale Parkview Green shopping mall, in a bid to adjust its sales and services strategy in the country. Tesla sales staff in China said that the high rent caused the store's closure.

Binance Invests $500M in Elon Musk’s Twitter Acquisition

With Elon Musk taking over Twitter, Binance, the world’s largest crypto exchange, confirmed on October 28 that it was an equity investor in the billionaire’s $44 billion acquisition.

Tesla’s Humanoid Robot Optimus to Appear at China International Import Expo

Tesla announced on October 28 that it will bring its humanoid robot Optimus, also known as Tesla Bot, to the fifth China International Import Expo, to be held in Shanghai from November 5 to 10.

Chinese Home Appliance Giant Gree Supplies Tesla With Auto Chassis

Dong Mingzhu, the chairwoman of Chinese home appliance giant Gree, stated during an online event on October 27 that the company is providing vehicle chassis to Tesla.

Tesla’s Sudden Price Reductions Spur Chinese Car Owners to Defend Rights

Tesla announced price adjustments for mainland China on October 24. Subsequently, many Tesla car owners in China who had recently made orders set up "rights protection groups" on WeChat, but some were taken in by fraudsters.

Huawei-Backed AITO Conducts Price Reductions, Following Tesla

The M5 and M7 models of AITO, a Chinese automaker established jointly by Huawei and Seres, have undergone price reductions of 8,000 yuan ($1,096). AITO is the first new energy vehicle brand in China to follow in the footsteps of Tesla's latest decision.

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