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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.

Chinese 125
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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.

Chinese 87
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XPeng most vulnerable to Tesla price cut among Chinese EV trio

CN EV Post

The post XPeng most vulnerable to Tesla price cut among Chinese EV trio appeared first on CnEVPost. By the close of trading, XPeng was down 6.82 percent in Hong Kong, Li Auto was down 6.55 percent and NIO was down 4.03 For more articles, please visit CnEVPost.

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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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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 Model Y 7-seater option gets $500 price increase

Teslarati

Tesla increased the price of the Model Y’s 7-seater option by $500. Before Tesla raised the price, the Model Y’s 7-seat option was $2,500. As everyone settles into 2024, Tesla has started rolling out price changes in the United States and China. Tesla China’s vehicles are a whole different story.

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Tesla changes Model Y Long Range in Canada to a Chinese import

Electrek

Tesla has updated its Model Y Long Range in Canada to a Chinese import. It, unfortunately, comes with less range and the same price. more… The post Tesla changes Model Y Long Range in Canada to a Chinese import appeared first on Electrek.

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