EV Companies

Musk Cancels Low-Cost EV Plans Amid Tough China Competition

The now-defunct entry-level vehicle, sometimes described as the Model 2, was expected to start at about $25,000

1 week ago

‘Unhinged’ Musk ‘Driving Away Potential Tesla Buyers’ – Reuters

Consumer interest in Tesla has more than halved since November 2021, according to a new poll that found the carmaker’s…

2 weeks ago

BYD’s EV Victory Over Tesla May Be Short-Lived As Sales Cool

The drop in numbers comes despite steep discounts BYD has handed out on its vehicles, signalling that Tesla's global clout…

2 weeks ago

In Battle for China EV Market, Xiaomi’s ‘Thor’ Takes on Elon Musk

Xiaomi co-founder and CEO, Lei Jun, believes his newly launched electric sedan is a direct competitor of Tesla — both…

3 weeks ago

China’s Nio, CATL to Work on Batteries With Longer Lifespans

Long-running batteries with 'full life circle' costs will be key for the operating costs of Nio's thousands of battery swapping…

1 month ago

Tesla Eyes Southeast Asia’s EV Boom But Faces China Challenge

Southeast Asia has emerged as one of the hottest EV markets and could boost Tesla at a time when demand…

1 month ago

China’s Electric Vehicle Sales See Slow Start to The Year

The slowdown has fuelled intensifying competition in China's EV market, led by a fresh round of deep cuts by Tesla-beating…

1 month ago

EU Says China EVs Funded by Subsidies, Plans Retroactive Tariffs

The European Commission said increasing imports from China risked injuring the region's carmakers at a magnitude "that would be difficult…

1 month ago

Tesla-BYD Lock Horns in China With Deep Discounts, Incentives

The world’s two biggest EV-makers have been locked in a drawn-out and brutal price war in China since the beginning…

2 months ago

China Vows to Help EV Makers Expand Overseas, Fight Sanctions

Beijing has laid out wide-ranging guidelines for various departments and the central bank to help the new-energy-vehicle trade

2 months ago

China EV Firms Can Destroy Rivals Without Trade Barriers: Musk

"Our observation is generally that the Chinese car companies are the most competitive car companies in the world," the Tesla…

3 months ago

Indian Carmakers Block EV Import Tax Cut to Prevent Tesla Entry

One of the primary motivators for India to reduce the EV import tax had been Tesla’s interest in building a…

3 months ago