Phate Zhang

The Chinese market contributed 22.4 percent to Tesla's revenue in the second quarter, down from 24.8 percent in the first quarter.

The plant will be used primarily for pilot production, process validation and performance testing of flying cars before mass production.

The Changan Shenlan SL03 is expected to be a hot seller in China's mainstream NEV market, with steady-state monthly sales expected to top 15,000 units, analysts say.

Shanghai, home of Tesla's factory in China, is the city where the Model 3 and Model Y are selling the most.

The Mercedes-Benz EQE will be another option in China's luxury electric sedan market besides the Nio ET7 and IM Motors L7.

A Tesla user not only took his hands off the wheel, but used a board to completely block the view ahead.

The latest Covid outbreak has not had a noticeable impact on BYD, and the company is following the requirements of the local government to strengthen controls, BYD said.

At press time, Nio was down 7.17 percent to HK$148.9, while Xpeng was also down 7.17 percent and Li Auto was down 7.77 percent.

Beijing aims to have 700,000 charging piles and 310 battery swap stations by 2025 in the city.

After all the upgrades are completed, the annual production capacity of Tesla Giga Shanghai will be expanded to about 1.1-1.2 million units, according to local media.