Latest News for: China electric car

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China's EV lead is widening. How that's bad for Detroit

Finger Lakes Times 13 May 2021
"China is over-producing electric cars and probably, as it did in steel, will dump product globally to try to wipe out the competition," said Rep ... China is building electric vehicle factories faster than anywhere else in the world, and by 2028, it's projected to produce 8 million electric cars annually, compared with 1 million last year.
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Chinese automaker seeks broader cooperation in NEV industry

Xinhua 13 May 2021
BAIC BluePark has teamed up with tech giant Huawei in making electric smart cars. Huawei and BAIC BluePark unveiled the ARCFOX αS HI (short for Huawei Inside), an electric car model featuring Huawei's HarmonyOS operating system and ADS (Autonomous Driving Solution), at the 19th Shanghai International Automobile Industry Exhibition last month.
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China Seeks to Clamp Down on Auto Data Collection by Tesla and Others

Caixin Online 13 May 2021
This year, China banned Tesla cars from entering military bases. Observers said the draft rules come as no surprise given rising tensions between China and the U.S ... Chinese media have reported that Tesla — a major player in China's electric vehicle market — is suspected of transferring data to the U.S.
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Tesla halted plan to buy land in Shanghai due to U.S.-China tensions, report says

The Los Angeles Times 13 May 2021
tariffs of 25% on electric cars imported from China — imposed under former U.S ... Tesla sold 25,845 locally made vehicles in April, down from 35,478 units in March, according to the China Passenger Car Assn. Exports of Tesla’s China-made electric cars, meanwhile, were robust, an encouraging sign of increasing demand in Europe.
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CX Daily: China’s Central Bank Seeks to Calm Inflation Jitters

Caixin Online 13 May 2021
Tesla Inc.’s car sales in China fell by more than a quarter in April from their record high in March as the electric-car pioneer battled the fallout of a public relations gaffe and increased regulatory scrutiny ... by the China Passenger Car Association (CPCA), an industry group.
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TSLA Stock Down 2% Yesterday, Tesla Sales in China Drop 27% in April Compared to March

Coinspeaker 12 May 2021
A 27% decline in sales within a month shows a decreasing demand for Tesla products in China amid increased competition from local electric vehicle companies ... According to the China Passenger Car Association report, Tesla exported 14,174 units of electric vehicles from its Shanghai Gigafactory in April.
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Tesla's April Sales From China Were Mostly Exports

Wall Street Journal 12 May 2021
exported most of the cars produced at its Shanghai factory in April, raising questions about the strength of demand for its electric vehicles in China after a run of adverse publicity ... Tesla started exporting Model 3s from China to Europe last year, with 7,000 cars arriving in two shipments in October and December, according to the company.
photo: Creative Commons / cchana
Tesla Model S trunk logo
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Tesla's expansion plans in China put on hold due to US tariffs

Beijing News 12 May 2021
US electric car producer Tesla has reportedly held off on plans to buy land to expand its plant in the Chinese province of Shanghai and turn it into the company's global export hub, as uncertainty over US-China relations grows ... the share of China output in its global production.
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Autos & TransportationBMW plans limited series hydrogen fuel cell SUV in 2022

Reuters 12 May 2021
... company continues to research zero-emission alternatives to battery-electric cars, the company's top executive said on Wednesday ... Most of the auto industry is focusing its efforts on developing battery-electric cars to meet tightening emission standards in Europe and China.
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BMW plans limited series hydrogen fuel cell SUV in 2022

Metro USA 12 May 2021
... company continues to research zero-emission alternatives to battery-electric cars, the company’s top executive said on Wednesday ... Most of the auto industry is focusing its efforts on developing battery-electric cars to meet tightening emission standards in Europe and China.
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Tesla's China sales tumble 27% in April from March

CNBC 12 May 2021
Tesla's sales decline came amid an overall drop for new energy passenger cars in China, and increased scrutiny from regulators on the electric car company ... .
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3 Stocks That Could Win Big From Biden’s $2 Trillion Infrastructure Plan

Oil Price 12 May 2021
Today, only about 2 percent of all new cars in the U.S. run on electricity.
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Dow Jones tumbles as US stocks retreat again

The Times of India 12 May 2021
NEW YORK ... Among individual companies, dropped 1.9 percent as analysts pointed to news of lower auto sales in China in April and a report from Reuters suggesting the electric car company was halting its planned expansion in the country ... .
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China car sales continue to rebound from pandemic

Market Watch 11 May 2021
BEIJING--China's car sales continued to grow in April from a year ago when sales were dented by the pandemic in the world's biggest auto market ... of the pandemic, China Passenger Car Association said Tuesday.
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Tesla’s expansion plans in China put on hold due to US tariffs

Russia Today 11 May 2021
US electric car producer Tesla has reportedly held off on plans to buy land to expand its plant in the Chinese province of Shanghai and turn it into the company’s global export hub, as uncertainty over US-China relations grows ... the share of China output in its global production.
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