Tesla says China-made Model Y price hike due to rising production costs

For other models, including the China-made Model 3, the company has no plans to raise prices.

BAIC New Energy recalls over 30,000 EVs due to potential battery fire hazard

BAIC New Energy Changzhou, BAIC Motor, and BAIC Guangzhou Automotive plan to recall 31,963 electric vehicles due to a fire hazard in the batteries they carry.

Tesla's US website supports using Bitcoin to pay

Tesla's US website supports the use of Bitcoin for payment. However this option is only visible to computer users with a US IP, if your IP is from another region, you will not see this option.

Nio says it has provided over 2 million battery swap services to customers

That means an average of one Nio vehicle leaves the battery swap station with a fully charged battery every 10 seconds, the company said.

Tesla raises price of China-made Model Y by RMB 8,000

Tesla did not explain the reason for the Model Y price increase. Questions about whether this was related to the chip or raw materials went unanswered.

Horizon Robotics expects to ship one million of its auto AI chips this year

Chinese chip company Horizon Robotics is on track to ship a million automotive AI chips this year, up from 160,000 in 2020, the company said Tuesday.

Ford's electric Mustang Mach-E engineering test vehicle rolls off assembly line at China plant

The car's rollout at the factory means it will soon begin mass production and go on sale, competing with the Tesla Model Y and Nio ES6.

Xpeng CEO says he spent his early days as an entrepreneur borrowing money every week

He also said that the most impressive thing at that time was the RMB 100,000 SME Technology Support Fund from the Tianhe District Government of Guangzhou.

Elon Musk says China to become Tesla's biggest market

Given that China would expand domestic demand, it would be the place where Tesla would produce the most vehicles and have the most customers, he said.

Li ONE model no longer on sale removed from vehicle purchase tax exemption list, leading to V-shaped move for Li Auto stock

For investors in Chinese electric vehicle (EV) maker Li Auto (NASDAQ: LI), Tuesday's pre-market performance was all too alarming.
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