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Polestar 4 will be built in Korea, with potential US-China trade war implications

Electrek

more… The post Polestar 4 will be built in Korea, with potential US-China trade war implications appeared first on Electrek. Polestar has announced that its upcoming Polestar 4 EV will be contract manufactured in a factory in Busan, South Korea. Heretofore, Polestar’s vehicles have been assembled in China.

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Tesla is most popular used EV brand in Carmax’s 2023 Electric Vehicle Consumer Report

Teslarati

This spike in interest was initially detected in February and March of the previous year, a time that saw rising gas prices amid the escalating war in Ukraine. Peak search interest occurred in October, which was around the time when new rules for the US’ federal EV tax credit were being implemented.

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SAIC-Volkswagen offers up to $7,250 discount as China auto price war continues

CN EV Post

A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. In addition to the cash discounts, SAIC-Volkswagen is also offering trade-in benefits of up to RMB 12,000, as well as a zero-interest entitlement for 2-to-5-year loans.

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Tesla Model 2 abandoned? Multiple sources say $25,000 electric car dead, Elon says it’s all lies

EV Central

Media reporting says Tesla has given up its plans of launching its entry-level Tesla Model 2 because of increased competition and the price war it is waging in China. Following the news the Tesla Model 2 is dead the car-maker’s stock price slumped by as much as six per cent late last week.

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Tesla offers new $3,000 discount or free Supercharging with trade-ins, slashing prices further

Teslarati

Tesla is now offering additional discounts or free Supercharging incentives with the purchase of new Model S and Model X vehicles, but the automaker is requiring owners to trade in an existing car. Credit: Tesla The rep also stated it was an opportunity to upgrade to a new vehicle while renewing its warranty.

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Tesla stock (TSLA) achieved 102% growth in 2023

Teslarati

Tesla stock ( NASDAQ:TSLA ) ended 2023 trading at $248.48 NEWS: $TSLA stock closed out 2023 with a total gain of 101.7%, the stock's third best yearly gain ever. Tesla’s price cuts became such a notable force that it triggered a price war in China. Tesla also successfully launched two new vehicles in 2022.

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Tesla Model 3 Performance rating, Formula E season end, and solar investments tumble: Today's Car News

Green Car Reports

Solar investments tumble amid the trade war. The EPA rates the Tesla Model 3 Performance variant. Formula E closes out the final season featuring a two-car strategy. And automakers ramp up efforts to reuse electric-car batteries. All of this and more on Green Car Reports.

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