Tesla Reportedly Preps Budget Model 3 for China as Shanghai Gigafactory Ramps Output
Tesla plans to launch a low-cost Model 3 in China, featuring reduced configurations and lower production costs.
Latest in EV news, technologies, data and insights from China market
Tesla plans to launch a low-cost Model 3 in China, featuring reduced configurations and lower production costs.
From January to February, China’s new energy vehicle production reached 1.604 million units, down 13.7% YoY, with a cumulative penetration rate of 39.9%.
Momenta aims for an IPO in Hong Kong by 2026, targeting over $14.5 billion valuation, following a previous U.S. filing setback.
Uncamouflaged spy photos of the NIO ES9 emerged, showcasing its large design, advanced features, and competitive pricing.
Xiaomi’s new SU7 model saw order spikes quickly post-launch, appealing to younger buyers with strong test drive engagement and competitive pricing.
Rising oil prices are pushing fuel car owners to envy electric vehicles, prompting advancements in fast charging technology.
BYD launched four new energy models at the Bangkok Motor Show, enhancing its market presence in Thailand.