tesla Archives - Page 8 of 72

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.

NIO Invests $273M to Set Up Battery Tech Firm

A new entity called NIO Battery Technology (Anhui) Co., Ltd. was established on October 21, with NIO founder William Li serving as chairman and with registered capital of 2 billion ($273 million). The company is 100% controlled by EV firm NIO.

October Retail Sales of New Energy Vehicles in China to Hit 550K Units

The China Passenger Car Association estimated on October 24 that retail sales of passenger cars in China this month would be about 1.91 million units, up 11.4% year-on-year, among which the retail sales of new energy vehicles would be about 550,000 units.

Tesla’s Model 3 and Model Y Undergo Price Drops of Up to $5,102 in China

On October 24, Tesla announced that from now on, the prices of its Model 3 and Model Y in China will be reduced. Specifically, the starting price of its Model 3 rear-wheel drive version has been set at 265,900 yuan ($36,663), down 12,000 yuan.

Xiaomi Founder Lei Jun: Auto Unit Needs to Reach Top Five

Xiaomi founder Lei Jun shared his thoughts on the global electric vehicle industry on October 19, writing on Twitter that the only way for Xiaomi to succeed is to be among the top five leading brands, shipping more than 10 million cars annually.

CEO of Electronics Giant Foxconn Expresses Hopes to Produce Tesla EVs

Young Liu, Chairman and CEO of Taiwan-based electronics manufacturing giant Foxconn, affirmed during the firm's annual Hon Hai Tech Day on October 18 that "I hope one day we can produce electric cars for Tesla."

At a Glance: China, the World’s Second-Largest Automobile Exporter

China's automobile export volume in September was 301,000 vehicles, up 73.9% year-on-year. Since August this year, the monthly export volume of Chinese automobiles has exceeded 300,000 vehicles.

BYD Predicts Minimum Q3 Profits of $765M, Annual Performance to Exceed Expections

Chinese electric vehicle maker BYD announced on October 17 that it expects net profits in the third quarter to reach between 5.505 billion and 5.905 billion yuan ($764.79 million - $820.36 million), an increase of 334%-365% from the same period last year.

Tesla Car Accident Victim Jimmy Lin Discloses Details For the First Time

This past July, Taiwanese actor, singer and race car driver Jimmy Lin was involved in an accident while driving a white Tesla Model X. On October 15, Lin accepted an interview with the media during which he publicly recalled the details of the accident for the first time.

Tesla, BYD, Other Automakers See Promise in India’s NEV Market

Car companies such as China's BYD, Germany's Mercedes-Benz and Volkswagen, as well as Japan's Suzuki, are increasingly eyeing India's new energy vehicle market.

Tesla China Sues Former Employee For Infringing Trade Secrets

The dispute between Tesla Shanghai and a former employee over the infringement of trade secrets will be held in Yangpu District People's Court of Shanghai on December 14. This case is the first case involving the infringement of Tesla China's trade secrets in the country.

Tesla China Refuses to Hire Former XPeng Staff, Perhaps Due to Trade Secret Disputes

A topic reading "Why Tesla [China] refused job applications from former employees of XPeng Motors" on a Chinese Quora-like Q&A platform recently triggered heated online discussion.

Tesla Model S Plaid Version to Be Delivered in China, Priced at over 1M Yuan

Recently, some Chinese netizens posted the delivery information of the Tesla Model S Plaid version. The buyer needs to submit the final payment of 1,013,990 yuan ($141,399) for the model after paying a 20,000 yuan deposit, bringing the price tag of the model in China to about 1,033,990 yuan.

CATL Reportedly Holds Patent Covering Cell-to-Chassis EV Technology

A previously announced patent for a car chassis with adjustable lengths owned by Chinese battery giant CATL is related to cell-to-chassis (CTC) technology for electric vehicles, and is planned to be implemented before 2025.

BYD to Expand Shanghai Battery Factory, Rivaling Local Tesla Gigafactory

Chinese new energy vehicle and battery giant BYD plans to invest 5 million yuan ($695,778) in an expansion project involving Shanghai BYD Co., Ltd. The eastern Chinese metropolis also hosts one of Tesla's Gigafactories in its Lingang New Area, Pudong District.