On Thursday, U.S. electric vehicle maker Tesla Inc stated, it has trimmed the starting price for its China-made Model 3 vehicles by nearly 8% to $36,805.21 (249,900 yuan). The development comes in the wake of Tesla receiving subsidies from the Chinese government for its electric vehicles. Earlier the starting price for its Model 3 electric…
In a statement the China Passenger Car Association (CPCA) said, in April Tesla Inc sold 3,635 China-made Model 3 vehicles in the country, down by 64% from March. Tesla’s sales in the first month of each quarter are usually lower than the remaining two months. During an online briefing, CPCA said Tesla had produced more…
According to data from auto consultancy firm LMC Automotive, Tesla Inc’s China car registrations have shot up by 450% in March to touch 12,709 units in March, up from 2,314 in February. This is in contrast to the overall auto sales in China which has plunged by 43.4% in March, with the coronavirus pandemic continuing…
On Monday, electric vehicle battery maker CATL stated, it has signed a battery supply agreement with U.S. electric vehicle giant Tesla. In a stock exchange filing, CATL disclosed, Tesla will determine the volume of battery purchases that it requires based on its needs, between July 2020 and June 2022. The agreement does not impose restrictions…
In a statement, Tesla Inc responded to the National Highway Traffic Safety Administration (NHTSA) statement saying there was no unintended acceleration in its vehicles. The development comes in the wake of the U.S. regulator saying it would review a petition and release a redacted version of a complaint which alleged that 500,000 “Tesla vehicles experience…
On Tuesday, Tesla Inc stated, it has started work on building its Model Y electric sports utility vehicles (SUV) at its $2 billion China factory in Shanghai. The development comes in the wake of Tesla starting to deliver its Model 3 sedans which were built at its Shanghai factory which was up and running in…
On Thursday, Tesla Inc stated it will commence the delivery of a second batch of China-made Model 3 sedans to customers from January 7. Unlike the first batch of customers, who were Tesla employees, the second batch of customers aren’t Tesla employees, said Tesla’s representative.
In less than a week after its launch, orders for Tesla Inc’s new electric pickup Cybertruck have are close to breaking the record set by the Model 3 sedan in 2016. Elon Musk, Tesla’s CEO has signaled that 250,000 customers have lined up to buy the Cybertruck. In an apparent reference to the number of…
Of the total car sales in Norway last month, 35.7% were electric. On Friday, registration data from Norway showed, the adoption rate of Audi’s fully-electric e-tron sports utility vehicle saw a new high last month, with the German carmaker gaining 8.3% in market share. According to the Norwegian Road Federation, Audi delivered 873 electric SUVs…
It is interesting to note that Tesla is not sourcing its batteries from China but has instead opted to import them from South Korea’s LG Chem to keep its Gigafactory in Shanghai running. On Friday, as per a Bloomberg report report citing sources familiar with the matter at hand, Tesla Inc has agreed to purchase…
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