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BYD to Chinese Auto Industry: "Demolish the Old Legends" in the EV Race

The Truth About Cars

Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. BYD’s founder and chairman called on other Chinese brands to help propel the country further down the road toward electric vehicle dominance.

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LIVE BLOG: Tesla (TSLA) Q1 2021 earnings call summary

Teslarati

Tesla’s ( NASDAQ:TSLA ) first-quarter earnings call comes on the heels of an impressive quarter that saw the electric car maker post $10.389 billion in revenue and non-GAAP earnings per share of $0.93, beating Wall Street’s expectations. The Model 3 became the world’s best-selling premium sedan, electric or otherwise.

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China Needs More Ships to Handle Its Rapidly Growing EV Exports

The Truth About Cars

The country’s tech, automotive, and manufacturing industries have become juggernauts in their respective sectors, and the Chinese auto industry has solidified itself as a global force. Pricing remains a challenge for electric vehicles in America for now, though, as no automaker has been able to crack the affordability nut.

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Hertz to Buy Cadillac Lyriqs and Chevy Silverado EVs to Bolster Electric Rental Fleet

The Truth About Cars

Automakers are going electric, which means that all the companies that rely on them will have to adapt. Car rental companies have long pledged to make the transition alongside their auto industry partners, and Hertz recently announced that it would be adding the Cadillac Lyriq and Chevy Silverado EV.& electric rental fleet.

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Tesla Model S suspensions, NHTSA, NDAs: what you need to know

Green Car Reports

A post on a small auto-industry blog that accused startup carmaker Tesla Motors of concealing potentially hazardous suspension breakages has blown up into a major media story.

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Tesla sells out production capacity for Q2 2021, hinting at monster demand: report

Teslarati

Citing sources familiar with the matter, EV blog Electrek noted that Tesla had informed its employees that the company’s production capacity for Q2 2021 was already sold out — and that’s with the quarter not even halfway done. tesla Fremont new car loading zone is busy and full, no break after a breakout Q1 delivery!

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Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

The car, which was projected to start in the mid-$20,000 range, would have helped Tesla compete against the increasingly fierce Chinese auto industry. Companies like BYD have built impressive electric vehicle catalogs in recent years, and the automaker has been in a back-and-forth battle with Tesla for the top spot in global markets.