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Tesla (TSLA) shares surge over 11% amidst news of Musk’s China visit

Teslarati

Tesla shares ( NASDAQ:TSLA ) saw a lot of momentum on Monday’s pre-market amidst news surrounding CEO Elon Musk’s unannounced trip to Beijing, China. These updates suggested that Tesla may be closing in on launching FSD to the Chinese automotive market. Honored to meet with Premier Li Qiang.

China 114
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Volkswagen selects China-based LEAD for European gigafactory battery manufacturing equipment

Green Car Congress

LEAD) announced that it has been contracted by Volkswagen to supply battery manufacturing equipment for Salzgitter, accounting for more than 65% of the total equipment quantity for that 20 GWh gigafactory. As a world-class automobile manufacturer, Volkswagen has strict quality standards and requirements for suppliers.

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NaaS teams up with Hyundai China to boost EV charging services and business ventures

Green Car Congress

China-based NaaS , an EV charging service company, is partnering with Hyundai Motor Group (China), to develop efficient charging management services for Hyundai car owners. Increasingly, investment in charging infrastructure has been devoted in China to meet the growing demand for charging.

Hyundai 150
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Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

Green Car Congress

million between January and November 2022, according to the Society of Indian Automobile Manufacturers (SIAM). from 2021, according to data from the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association. In 2021, China continued to lead the global auto market, with 26.27

India 218
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Musk’s big win in China: Tesla clears data security, full self driving hurdles for locally-made cars – ET Auto

Baua Electric

This came close on the heels of Tesla introducing fresh incentives in the world’s largest auto market to attract consumers. Tesla CEO Elon Musk ‘s surprise visit to China has proven to be a strategic move yielding significant results. This is according to the China Association of Automobile Manufacturers.

China 52
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China's NEV sales up 24% MoM to 653,000 in Mar, CAAM data show

CN EV Post

The CAAM proposes that China's central and local governments continue to introduce policies to promote auto consumption, given the current weak market expectations. China's new energy vehicle (NEV) sales in March were 653,000 units, up 34.8 China's new energy vehicle (NEV) sales in March were 653,000 units, up 34.8

China 138
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Infineon Technologies and SAIC Motor establish power module JV in China

Green Car Congress

SAIC Motor Corporation Limited and Infineon Technologies AG established a joint venture to manufacture power modules for the developing electric vehicle market in China. The JV is headquartered in Shanghai; its new manufacturing facility resides in Infineon’s site expansion in Wuxi. million units in 2020 and 4.3

China 218