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Friday 12 January 2024
Tesla cuts China prices as world's biggest EV market slows
Tesla Inc. cut the price of both its locally made models in China, potentially setting the stage for further discounting as overall growth in the world's biggest electric car market...
Friday 12 January 2024
Research Insight: BYD keeps challenging Tesla with robust EV sales
According to the 2023 sales results of BYD and Tesla, BYD retained the crown of the world's top EV seller, with 3.02 million cars sold, exceeding its US competitor by nearly 1.22...
Friday 12 January 2024
Panasonic will finalize location for third US plant in FY24
Panasonic's battery company plans to build its third factory in the US. While it terminated a battery project in Oklahoma last month, Panasonic Energy said it was not because of the...
Thursday 11 January 2024
Humanoid robot race heats up: Tesla faces challenges from latecomers in 2024
While Tesla has been at the forefront of discussions on AI-based humanoid robots, the global competition is revving up.
Wednesday 10 January 2024
Safety concerns spell trouble for Cybertruck's European market access
Tesla's much-hyped and allegedly bulletproof Cybertruck has hit a rough patch on the road to Europe, and concerns were raised about the Cybertruck's potential inability to obtain...
Thursday 4 January 2024
LG Innotek Mexico plant secures exclusive deal to supply camera modules for Tesla Cybertruck
LG Innotek, the manufacturing facility based in Mexico, is rumored to have clinched an exclusive deal to supply camera modules for the Tesla Cybertruck.
Wednesday 3 January 2024
BYD beats Tesla in 4Q23 BEV sales
The world's two largest EV makers, Tesla and BYD, achieved record sales in the fourth quarter of 2023. BYD even dethroned its US competitor with a passenger battery EV sales volume...
Thursday 28 December 2023
Xiaomi unveils its first EV, with ambition to be China's Porsche or Tesla
The billionaire co-founder of Xiaomi Corp. unveiled the company's first electric vehicle Thursday, declaring ambitions to become a top global carmaker in 15 to 20 years and compete...
Wednesday 27 December 2023
Tesla plans revamp of smash hit Model Y from China plant
Tesla Inc. is preparing to roll out a revamped version of its smash hit Model Y from its Shanghai plant, according to people familiar with the matter, as domestic rivals accelerate...
Friday 22 December 2023
Tesla acquires land for Shanghai megapack battery factory
Tesla Inc. has acquired land to build its Shanghai Megapack factory that will have capacity to produce 10,000 battery packs a year, according to a company representative, paving the...
Thursday 21 December 2023
Panasonic terminates Oklahoma battery project while keeps considering expansion in NA
Panasonic Energy, Panasonic's battery arm, announced on December 20 that it will no longer pursue a plan to build a battery factory in Oklahoma, USA. Although not specifying the reason,...
Wednesday 20 December 2023
Tesla charging connector attracts 28 automakers as Volkswagen joins the crowd
Tesla's North American Charging Standard (NACS) has won over most leading carmakers after the Volkswagen group said several of its brands will adopt the charging connector in North...
Wednesday 20 December 2023
Automakers commit to full EV subsidy after German government drops out
Several carmakers have decided to bear the cost of EV incentives after the German government terminated the program. Tesla, Volkswagen, Stellantis, Mercedes-Benz, and Audi all said...
Thursday 14 December 2023
In a blow to Tesla, India says not planning to cut EV import tax
India's government said it's not currently considering reducing taxes on imported electric vehicles, a stance that could delay Tesla Inc.'s plan to enter the market.
Thursday 14 December 2023
LGES reportedly to build 46-series cylindrical battery production line in Nanjing
LG Energy Solution is said to have shifted its focus to 46-series battery cells, which are 46mm in diameter. Industry sources in South Korea said the battery maker is working on a...