Representatives from Ford's German management are scheduled to visit China in the upcoming week to examine the possibility of selling the facility
For most of 2022, Tesla joined rivals in aggressively raising EV prices but its decision to reverse course now challenges automakers’ established strategy of pursuing profit-over-volume
The Vietnamese EV-maker hopes to compete with existing automakers in the US by offering two models, the VF8 and VF9, with starting prices of $59,000 and $83,000
Tesla’s Autopilot team set out to engineer and record a “demonstration of the system’s capabilities” at the request of Musk, a senior engineer said
Warren Buffett-backed BYD took the lead among Chinese electric-car makers, with a 152.5% increase in EV deliveries
Firms from Hyundai Motor to BYD are set to focus on electric cars, while Maruti Suzuki and Toyota Motor are expected to also showcase hybrid and hydrogen fuel-cell vehicles
Several Tesla owners in Shanghai also said they felt misled by Tesla sales staff who told them they would face higher prices in the new year
Tesla has chosen to lower prices and take some additional downtime at the Shanghai factory to bring supply and demand back in balance
Rival Chinese electric vehicle maker BYD and the budget-EV joint venture of General Motors in China both outsold the US carmaker
The Afeela EV demonstrates how automakers are increasingly focussing on the in-car cockpit experience, which presents greater monetisation opportunities
Nvidia said its technology, which includes chips to process information from sensors in real time, will help Foxconn overcome challenges in ramping up automobile production
Tesla and its suppliers have been falling sick in the current wave of infections in China, posing challenges to operations at the plant