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Tesla to design, build ‘original’ electric cars in Shanghai, Berlin, giving its offshore operations clout to compete on rivals’ turf

Tesla plans to design and assemble new car models in Shanghai and Berlin, giving the offshore operational centres outside its…

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Xiaomi buys US$116 million site for electric car production in Beijing

Chinese tech company Xiaomi has purchased a plot of land in Beijing for 842 million yuan (US$116 million) to expand…

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Tesla sets revenue record, makes profit thanks to pollution credit sales to rivals

“Achieving this target depends primarily on quarter over quarter increases in Model Y and Shanghai production,” the company said. Asked…

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Does China lead the electric car battery industry?

Now, the world is returning full circle to the electric car, as concerns about gaseous emissions and their impact on…

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New Business Jobs

Xpeng aims to steal a march on Tesla’s FSD by updating its self-driving software earlier

Xpeng plans to unveil an update to its autonomous driving software next week, as the Guangzhou-based electric vehicle builder and…

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Chinese Tesla rival Xpeng steers clear of robotaxis, says self-driving trucks more likely to succeed

Major Chinese self-driving companies such as Baidu, Didi Chuxing, WeRide and AutoX have all recently launched robotaxi services in various…

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New Business Jobs

Chinese firms urged to brace for tech-for-market swap with inevitable overseas expansion

More Chinese companies would likely partner with overseas firms when they expand abroad, leveraging their technology and supply chains, in…

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Musk asks X followers if Tesla should sink US$5 billion into xAI

Elon Musk is asking his X followers whether Tesla should invest US$5 billion into his own AI start-up, saying he…

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Xiaomi founder Lei Jun said US sanction fears spurred smartphone maker’s EV push

Lei Jun, founder and CEO of Chinese smartphone maker Xiaomi, said his fear of US sanctions in 2021 pushed him…

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Electric-car maker Xpeng shrugs off concerns Tesla’s steeply discounted Model Y will win over mainland Chinese drivers

The CEO was striking an upbeat note amid mounting worries about the future of China’s Tesla challengers – which include…

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