Tesla

Tesla today announced that it has recently added nine new Super Charging Stations in Beijing, with a total of 78 Super Chargers.

A Tesla Model 3 was said to have suddenly and automatically accelerated to 127km/h in the process of driving in Jiangxi and the car owner cannot control the speed as there is also a brake failure, leading to a collision and fire.

Tesla is inviting professional car designers and non-professional designers in China to submit designs to build a China-style EV.

Tesla CEO Elon Musk said today that the use of Tesla Supercharger in China and Asia Pacific has surpassed pre-covid highs. 

Chinese-made Tesla Model 3 sedan registrations for May were 11,364 units, up 173.63% from the previous month, according to Chinaauto.ac.cn.

China's Ministry of Industry and Information Technology (MIIT) released a new directory of recommended models for the promotion and application of new energy vehicles, showing that Tesla's China-made Model 3 standard range version with lithium iron phosphate battery is included.

The China-made Model 3 has been dropping in price frequently since its release because it has lower costs and higher margins, analysts from Essence Securities said.

China-made Tesla Model 3 sales in May were 11,095 units, up 205 percent from April, making it the No. 1 new-energy vehicle sold in China in the month, according to the China Passenger Car Association (CPCA).

In early 2020, U.S. electric vehicle manufacturer Tesla's electric vehicle project in Shanghai, China, went into production after construction was completed within a year. 

Li Bin, founder of Nio, said the long-term growth potential of China's electric vehicle market remains despite increased competition from companies like Tesla, which bodes well for his company.