Latest in EV news, technologies, data and insights from China market
Tesla launches a 0.99% APR financing plan in China from May 13, cutting monthly payments to attract entry-level buyers alongside existing zero-interest options.
Tesla slips out of China’s top three EV wholesalers in April as local rivals widen the tech gap. Musk’s upcoming China visit fuels speculation over FSD’s local debut and possible rebranding.
Malaysia’s EV registrations soared 103.8% in April 2026, led by Chinese brands, particularly Proton’s e.MAS 5 model.
Chinese regulators reportedly investigated NEV manufacturers over “battery locking” claims, but multiple companies have denied these allegations.
Former Tesla executive Song Gang has joined Xiaomi Auto as VP, overseeing manufacturing and operations, amid significant management restructuring.
Tesla China’s wholesale sales rose 40% YoY to 79,478 units in April, even as the company slipped to fourth place in China’s NEV wholesale rankings.
In March, Shanghai saw 40,203 car sales, with BEVs at 56.99%, highlighting significant electrification and consumer preference shifts.
Tesla updated its financing policy, offering a 5-year zero-interest loan, and maintaining low-interest options, amid industry changes.
Tesla’s Q1 2026 results showed 6.5% vehicle delivery growth, increased revenue, and a strategic shift towards AI and robotics development.
Japan’s imported vehicle market grew 3% in fiscal 2025, driven by a 34% increase in battery electric vehicle sales.
Many local Chinese and Chinese-Australian consumers have complained on social media that BYD sales staff have changed their approach—from previously…