NEW YORK -- Tesla CEO Elon Musk told employees on Monday that the electric
The U.S.-China rivalry has a new flashpoint in the battle for technology supremacy: electric cars. So far, the U.S. is losing. Last year, China became the world’s foremost auto exporter, according to the China Passenger Car Assn., surpassing Japan with more than 5 million sales overseas. New energy vehicles accounted for about 25% of those exports, and more than half of those were created by Chinese brands, a shift from the traditional assembly role China has played for foreign automakers. “The...
EV brand Zeekr is selling more cars than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC.
Late Saturday, Tesla cut the price of its Full Self-Driving software to $8,000 in the U.S. from $12,000.
Earnings miss notwithstanding, momentum continued to build for Tesla's stock, which was rallying 11% in after hours trading. That's in large part because the EV maker said it plans on adding to its lineup and marketing a cheaper EV as early as next year, while investing in robotaxis as well. These
China's EV Dominance Could Hinder Manufactures to Obtain Biden's EV Subsidy Scheme, Warns South Korea
China Is Winning Big On Smaller EVs Smaller is betterat least in the world of building EVs for the Asian market. And while less scrupulous publications might take this opportunity to make stereotypical jokes about height, we'll do no such thing and instead will simply report that according to the IEA's Global Electric Vehicle Outlook 2024, released Tuesday, China dominated the EV market in 2023. In fact, it made up 60% of global sales, according to a new report from Reuters. The...
GM last week announced details regarding its vehicle-to-home (V2H) system, set to launch with the Chevrolet Silverado EV RST, that will help EV owners back up their home without the help of a storage battery like a Tesla Powerwall or a backup generator. It’s ultimately part of GM’s big energy play that sees EVs becoming home power
The Tesla Model 3 Performance EV is a testament to the company’s unwavering commitment to pushing the boundaries of electric vehicle technology and design. This groundbreaking model incorporates a host of advanced features and innovations that set it apart from its predecessors and competitors alike. From its innovative Noise, Vibration, and Harshness (NVH) improvements to […]
The Polestar Phone was created with Chinese tech company Meizu that, like the automaker, is owned by Geely
Tesla is in trouble: Its product line is aging. Sales are stalling. Top executives are fleeing. The stock price is down. The first wave of new Cybertrucks is riddled with quality problems. The low-cost Model 2 recently promised by Chief Executive Elon Musk appears to be dead. Some of Tesla’s most environmentally conscious buyers are signaling their disgust with the behavior of Musk by turning to other brands, even as price cut follows price cut. Those bargain basement deals are squeezing profit...
Tesla has confirmed that it will offer more affordable electric vehicles, though it has not provided any details. A talented designer created this compelling Model 3 hatchback concept, sparking desires for an official Tesla hatchback. A hatchback version of the Model 3 could boost sales, especially in European markets, but Tesla hasn't shown any official interest in this body style. Tesla recently confirmed it is working on more affordable electric vehicles, and while it didn’t specify if this...