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Tesla signs truce with Chinese Automakers to end EV price war

Teslarati

Tesla and 16 Chinese automakers signed a truce ending the EV price war. Tesla was the only foreign automaker at the meeting. Executives from Tesla and 16 China-based automakers participated in a signing ceremony at the China Auto Forum in Shanghai held on July 6, 2023.

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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. What do you think of the article?

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TikTok Could Sway Young People Toward Chinese EV Brands

The Truth About Cars

While American politicians love to harp about TikTok’s Chinese owners and the national security issues that could bring, it may also be true that they worry that the platform is influencing an entire generation with quick hits of liberal political thought and economic theory. and 58 percent of them said they’d seen Chinese EVs on the app.

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Xpeng triggers price war in Chinese EV market, slashing prices to compete with Tesla

Electrek

Chinese electric vehicle maker Xpeng announced Tuesday it would cut prices on some of its most popular models. The move comes after Tesla and others in the region have implemented similar price drops, fueling what could be a competitive pricing war in China.

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Tesla rolls out Model Y price adjustments in Germany and Sweden

Teslarati

Tesla has initiated a round of price cuts for its best-selling car, the Model Y crossover, in Germany and Sweden. The price cuts were implemented about a week after a series of similar adjustments were rolled out for the Model 3 and Model Y in China. TSLA NEWS: Tesla slashed Model Y vehicle prices by up to €5.000 in Germany.

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Tesla China sells 66k vehicles in January despite Chinese New Year break

Teslarati

Data released by the China Passenger Car Association (CPCA) has revealed that Tesla China sold 66,051 Gigafactory Shanghai-made vehicles in January 2023. Tesla China’s January 2023 wholesale results indicate that the electric vehicle maker sold 10.37% more cars year-over-year and 18.38% more units month-over-month.

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Tesla China rolls out price cuts for Model 3 and Model Y

Teslarati

Tesla China has implemented a round of price cuts for the Giga Shanghai-made Model 3 sedan and Model Y crossover. As can be seen in the two vehicles’ official order pages, both versions of the upgraded Model 3 and two variants of the Model Y were affected by the recent price adjustments.

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