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New Business

Tesla continues its skid in mainland China as sales and market share fall

Tesla is gradually losing its appeal in China’s premium electric vehicle (EV) segment as its sales and market share fall.…

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New Business

Chinese EV makers’ budget-friendly models power sales in August

Leapmotor, Xpeng and Galaxy reported sizzling sales, driven by their cheaper models featuring self-driving and in-car entertainment systems similar to…

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New Business

Tesla EV shipments slip from China factory as drivers choose cheaper local options

Deliveries by Tesla’s Shanghai Gigafactory dropped in July as the US maker of electric vehicles (EVs) failed to sustain sales…

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New Business

Geely, Xpeng EV models threaten market leaders with cheaper, more intelligent cars

Two electric vehicle (EV) models targeting middle-income consumers in mainland China with lower prices have emerged as Tesla’s strongest rivals,…

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New Business

BYD overtakes Tesla as world’s largest maker of pure electric cars in fourth quarter

BYD Auto, China’s electric vehicle (EV) king, was the world’s biggest seller of pure electric cars in the fourth quarter…

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