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Employees work on an EV production line at a Leapmotor factory in Jinhua, in China’s eastern Zhejiang province, on September 18, 2024. Photo: AFP

5 Chinese EV makers set monthly sales records as discounts draw buyers

BYD, Li Auto, Xpeng, Zeekr and Leapmotor posted new monthly delivery records in September as new models and promotions proved enticing.

BYD, Li Auto, Xpeng, Zeekr and Leapmotor posted new monthly delivery records in September as new models and promotions proved enticing

Threat assessment: ranking risk among US companies dealing with China

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Unit of Chinese EV maker Nio gets US$471 million in fresh funding

Tesla vs China: who is the winner in self-driving technology?

China’s EV makers are intensifying efforts in autonomous driving technology, with L3 systems expected in one million cars by 2026 despite regulatory hurdles.

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A self-driving taxi is seen operating in Daxing district in Beijing in August. Photo: EPA-EFE

‘Forced to sell’ at low prices, China’s car dealers see losses pile up: report

Weak consumer demand and unsold inventories are piling on the losses for dealerships across the country, industry association says.

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Chinese premium EV maker Xpeng adds Qatar to export list

Firm is one of several stepping up international expansion efforts as ferocious domestic competition continues to ravage profit margins.

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Geely piles pressure on Tesla as China’s EV discount war intensifies

Geely Auto’s Zeekr Intelligent Technology unit priced the 7X at 229,900 yuan as deliveries began on Friday.

Zeekr’s display at a shopping mall in Beijing on November 3, 2023. Photo: Reuters.

BMW, GM, Toyota lose more market share in China as slow EV shift hits deliveries

Foreign carmakers are ceding more share to local rivals, with BMW, VW and General Motors reporting further slumps in deliveries.

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Chechen warlord says Elon Musk ‘remotely disabled’ gun-mounted Cybertruck

Kadyrov said the billionaire ‘gives expensive gifts from the bottom of his heart and then remotely switches them off’.

At 17% cheaper, Nio’s Onvo SUV to rival Tesla’s market-leading Model Y in China

New models have continued to chip away at Model Y’s dominance on the mainland, where deliveries slumped 17 per cent this year through July.

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Nio unveiled the Onvo L60 sport-utility vehicle in Shanghai in May 2024. Photo: Daniel Ren

US study finds China’s tech innovation ‘much stronger’ than understood

Performing best in nuclear power, EVs and batteries, mainland companies will ‘likely equal or surpass Western firms within a decade or so’.

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People visit a booth for Chinese battery manufacturing giant CATL at Automechanika, a leading trade fair for cars, in Frankfurt, Germany, on September 11. Photo: Xinhua

China’s EV makers feel crunch as high R&D costs collide with discount pressure

More than 50 new models could hit the market this year, but relentless discounting is devouring profit margins, spelling doom for some firms.

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New luxury Chinese, Japanese and US cars a contrast to Cuba’s classics

Easing of import restrictions sees a sudden influx of luxury cars from Japan, South Korea, China and the US in Cuba, especially in Havana.

US House votes to restrict tax credits for EVs with Chinese battery tech

White House opposes bill, saying it would ‘raise taxes on American consumers, punish American auto manufacturers [and] threaten good-paying auto jobs’.

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A CATL “Shenxing Plus” battery at a trade fair in Xiamen, Fujian province, on Tuesday. The US House has passed a bill to restrict tax credits for any EV using Chinese battery technology. Photo: Xinhua

Musk takes jab at Taylor Swift for Harris endorsement, riling China’s Swifties

The tech billionaire and Trump supporter told ‘childless cat lady’ Swift, ‘I will give you a child and guard your cats with my life’.

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Elon Musk is seen at the US Open in New York on Sunday. Photo: Reuters

Huawei-backed Aito EV brand takes aim at Tesla with semi-autonomous SUV

The car shows off Huawei-developed technologies that the company aims to supply to more EV makers in the future, executive says.

Musk, owner of X, on track to become world’s first trillionaire by 2027: report

A trillion is a 1 with 12 zeros after it, represented as 1,000,000,000,000.

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Will Tesla’s FSD delay give Xpeng the edge in autonomous driving?

The US carmaker is expected to roll out the FSD system on the mainland in the first quarter of 2025, compared with previous expectations of end-2024.

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Tesla’s AI team said on Thursday the Full Self-Driving software will now be launched next year. Photo: AFP

A 6-seat Model Y? Tesla to produce new variant for China market in 2025

A revamped Model Y, due in 2025, is expected to take on Li Auto’s L8 and L9 large-size SUVs, which have won over thousands of rich families in mainland China.

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China’s Geely unveils first compact EV to compete with BYD Seagull

The Xingyuan will compete head-on with BYD’s Seagull car to attract young, first-time car buyers amid an ongoing price war in the local market.

Tesla delivers 17% more EVs from China factory as sales slip for rivals

US carmaker bucks downward trend in first six months, while sales decline 5.6 per cent for Li Auto and 1.6 per cent for Nio despite larger government subsidy for buyers.

Workers check Tesla EVs rolling off the assembly line at the company’s Gigafactory in Shanghai on December 22, 2023. Photo: Xinhua

Xpeng’s keenly priced Mona 03 EV is targeted at market leader BYD

The M03 ­compact sedan, which is equipped with an advanced driving assistance system and has a range of 515km, starts from 119,800 yuan (US$16,812).

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Guangzhou-based Xpeng’s new brand Mono is aimed at the mass-market EV segment. Photo: Xpeng)

Musk’s SpaceX tightens grip on Nasa by bringing Boeing crew home from ISS

Nasa’s reliance on SpaceX grows as Boeing’s Starliner faces setbacks, highlighting the firm’s dominance in US space missions and satellite launches, while sparking concerns over Musk’s sway on US foreign policy.

Canada to impose 100% tariffs on China-made EVs, 25% levy on steel

‘We all know that China is not playing by the same rules,’ Canadian Prime Minister Justin Trudeau says of plan to shield domestic industries in alignment with US and EU.

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China’s EV makers sell more vehicles at bigger losses in discount war

EVs account for more than half of new car sales in mainland China, but brands including Xpeng, Zeekr, Leapmotor and Xiaomi face a long road to profitability.

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EVs take shape on a production line of Chery Automobile in Wuhu, Anhui province, China, on July 29, 2024. Photo: Reuters

China’s ambitions in humanoid robots in full display at expo

Chinese robot manufacturers are hoping to repeat the country’s global success in smartphones and electric vehicles

Hangzhou-based Deep Robotics debuts its bipedal humanoid robot Dr.01 at the World Robotics Conference, taking place from August 21 to 25 in Beijing. Photo: Handout

Warlord’s machine-gun Cybertruck ‘super cool’, but useless on battlefield

Putin-ally Ramzan Kadyrov claimed he would send the decked-out Tesla ‘Cyberbeast’ to Russian forces fighting in Ukraine.

Chinese EV maker Zeekr posts record revenue, challenges market leaders

The Geely-controlled company’s revenue jumped 36 per cent and its deliveries shot up 65.8 per cent in the second quarter as it lured buyers away from rivals Xpeng, Nio and Tesla.

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Tesla
The latest news, analysis and opinion on Tesla. In-depth analysis, industry insights and expert opinion.
Chairman / President
Elon Musk
CEO / Managing Director
Elon Musk
CFO / Finance Director
Zachary Kirkhorn
Industry
Automotive / Energy
Website
tesla.com
Headquarters address
Tesla, Inc.,3500 Deer Creek Road,Palo Alto, CA 94304,United States
Stock Code
NASDAQ:Tesla
Year founded
2003
last updated:
30 September, 2024
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