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Tesla and local EV makers are eclipsing legacy auto in China’s electric car segment

Teslarati

It appears that making electric cars that people want to buy is not so easy, after all. This is a hard lesson that is currently being learned by veteran automakers like Volkswagen and Toyota, both of whom are being vastly outperformed in China by Tesla and the country’s homegrown premium EV makers. . 4 Crozz SUVs.

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Beijing show: Breakthrough Chinese LFP battery can add 600km of range in just 10 minutes

EV Central

Chinese battery-making giant CATL has launched its new Shenxing Plus battery at the Beijing motor show claiming it’s capable of adding as much as 600km of range after a short 10-minute charge and delivering a driving range of more than 1000km. 2024 CATL Shengxing Plus battery launch Beijing auto show.

Chinese 101
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Tesla, Xpeng and other EV shares pull back on Chinese economic woes

Teslarati

Shares of several electric automaker stocks, including Tesla ( NASDAQ: TSLA ) and Xpeng ( NYSE: XPEV ), pulled back on Monday morning based on some concerns related to the Chinese economy. Chinese property developer Evergrande is threatening to default on $300 billion in debts, which could affect the global economy.

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Why Tesla and BYD could dominate electric car sales for a long time yet: The rise of China

EV Central

Tesla and BYD are the top selling electric cars in Australia and the world – and that doesn’t look like changing any time soon. Back to electric car basics In stripping every panel, nut, bolt and trim item off the upcoming BYD Seal electric sedan, UBS evaluated the core engineering and estimated manufacturing costs.

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Tesla and local EV makers are leaving veteran auto in China’s electric car segment

Teslarati

For some legacy automakers, China’s electric car segment is becoming a white whale of sorts amid rising competition from younger, faster, and more aggressive rivals. The fact that Giga Shanghai is now Tesla’s highest output facility is just icing on the cake. . They are heavily relying on the path of gasoline cars.

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China Electric Car Sales — 30% Share Of Auto Sales In August!

CleanTechnica EVs

Plugin vehicles continue to be all the rage in the Chinese auto market. Plugins stayed in the fast lane in July, growing 92% year over year (YoY). They scored over 552,000 registrations last month. Plugin hybrids (PHEVs) surged 137% year over year (YoY).

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Tesla China VP hopes to release $25k electric car in the “near future”

Teslarati

In a recent interview with Chinese publication The Paper , Tesla China VP Grace Tao revealed that the company’s vehicle production operations in the country are nearly 100% localized. Tao’s statements ring true, especially when it comes to Tesla’s expansion of its operations in China.

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