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Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

Tesla is poised to benefit from rapidly dropping lithium prices, particularly in China, where the automaker produces nearly half of its vehicles. Hence, the price of EVs has become intertwined with the cost of lithium , which has slowly become cheaper thanks to massive investments worldwide. But how could this affect Tesla pricing?

Price 138
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Chinese ministry says EU’s anti-subsidy EV probe made spy-like levels of ‘unreasonable demands’

Baua Electric

Another day, another deeper understanding of the conversations going on behind closed doors as China and the EU approach the negotiating table as they toe the lines of a looming trade war surrounding vehicle imports and anti-subsidy probes of Chinese EVs.

Chinese 52
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Volkswagen plans cheaper battery model ‘from Europe for Europe’ – ET Auto

Baua Electric

The new model, which would be priced at around 20,000 euros (USD 21,800) and be presented in 2027, would offer “entry-level electric mobility from Europe for Europe”, VW CEO Oliver Blume said in a statement.

Europe 52
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NIO partners with Norwegian smart energy provider Tibber to deliver better charging experience in Europe

CN EV Post

Tibber enables users to track their energy usage and allows EVs to charge when electricity prices are lowest. | NIO US | NIO HK | NIO SG (Image credit: NIO) NIO's (NYSE: NIO) vehicles support charging just like any other electric vehicle (EV), in addition to having access to a fully charged battery via battery swap. the article said.

Europe 120
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Tesla sales in Europe rocket past rivals, according to new data

Teslarati

Tesla sales in Europe during February made the American company the fastest-growing automaker on the continent, according to new data from the European Union. Tesla still accounts for nearly two-thirds of EV sales in the United States, whereas in Europe, Tesla doesn’t even account for a quarter. What do you think of the article?

Europe 99
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SAIC’s MG to open second Europe parts centre by the summer – ET Auto

Baua Electric

SAIC is currently evaluating whether to build a factory in Europe. MG Motors, a unit of Chinese automaker SAIC, will open a second European parts centre by the summer of 2024 in France to meet the country’s growing demand for its vehicles, a spokesperson told Reuters on Thursday.

Europe 52
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BMW and VW join five automakers in price war against Tesla

Teslarati

BMW and Volkswagen (VW) have announced massive price cuts in China, following the likes of 5 other automakers who are battling an initial price cut from Tesla late last year. Tesla’s massive price cut in China has caused an avalanche of similar price adjustments from competing manufacturers attempting to keep up.

BMW 81