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Elon Musk responds to Tesla-BYD 2023 Q4 production comparison

Teslarati

Tesla CEO Elon Musk has responded to the comparisons being drawn by various media outlets regarding his company and high-powered Chinese rival BYD, which outpaced Musk’s company in terms of production of electric vehicles in the fourth quarter of 2023.

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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

How Electrifying Transport and Chinese Investment are Playing Out in Indonesia —focuses on nickel as a critical mineral, but has implications for the broader minerals and materials supply chains needed for broad-scale energy transition. This surge occurred mostly in China, driven by steel manufacturing.

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EU’s anti-subsidy EV probe prompts retaliation from China

Teslarati

The European Commission’s anti-subsidy probe into electric vehicle (EV) imports from China prompted a retaliation from the Chinese government. The Chinese government launched a trade probe into luxury liquor producers from Europe. The volume of Chinese EVs at the event caught the eye of the European Commission.

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Tesla (TSLA) drops on bad Chinese delivery numbers that mean nothing

Baua Electric

It’s not clear why, but some are suggesting bad Chinese delivery numbers are to blame. China is the world’s biggest auto market and by far the biggest EV market. Tesla has heavily relied on the Chinese market for growth in recent years. So the year-over-year comparison is not valuable this year.

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Tesla China releases domestic and export figures for January 2024

Teslarati

Data released by the China Passenger Car Association (CPCA) has revealed the details of Tesla’s January 2024 results. Last month, Tesla China’s wholesale figures were listed at 71,447 vehicles, which included cars that were sold in the domestic market and exported abroad. China reported 39,891 @Tesla sales for January.

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Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

JATO’s data revealed that these vehicles were responsible for 61% of total sales in February 2024, in comparison to the 62% registered in February 2019. Chinese-made cars drive growth In Europe, sale of cars made in China saw the highest levels of year-on-year growth in February 2024 (+45%) and in January-February 2024 (+43%).

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China is exporting so many EVs that it needs more ships – a lot more

Baua Electric

Chinese EV makers are looking to export electric vehicles by the tens of thousands around the globe, but they need a lot more car-carrying vessels to make that happen. China now has the world’s eighth-largest shipping fleet with 33 car-carrying ships, according to data from shipping consultants Veson Nautical and reported by Reuters.

China 52