Latest News for: China electric car

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Tesla’s India plan hits a speedbreaker bump

Asiatimes 04 Aug 2021
The government will promote the use of electric cars by lowering domestic taxes and adding charging stations, he added ... Musk has been in touch with Indians on social media and had recently tweeted that he was keen to launch Tesla cars in India, but import duties on electric vehicles were on the higher side.
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Chinese Auto-Chip Stocks Fall After Official Probe Into Pricing

Caixin Online 04 Aug 2021
plunged by the 10% daily trading limit in Shanghai Tuesday after China’s market regulator said it’s looking into some auto-chip sellers over allegations of price misconduct ... Investors have piled into the shares of chipmakers as a worldwide shortage shows little sign of easing and as sales of electric cars from China to Europe and the U.S.
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Tesla's India plans dealt blow as minister rules out tax cut

The Times of India 03 Aug 2021
Tesla is seeking to make inroads into Asia’s third-largest economy, where electric vehicles account for less than 1% of annual car sales, compared with about 5% in China ... unlike China where Tesla set up its first factory outside of the US and now dominates electric-car sales.
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Tesla’s India plans dealt blow as minister rules out tax cut

Business Line 03 Aug 2021
Tesla is seeking to make inroads into Asia’s third-largest economy, where electric vehicles account for less than 1 per cent of annual car sales, compared with about 5 per cent in China ... where Tesla set up its first factory outside of the US and now dominates electric-car sales.
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US-listed Chinese NEV startups look to Hong Kong bourse

China Daily 03 Aug 2021
China is the world's largest market for electric> cars and plug-in hybrids ... In the first six months of the year, sales of electric cars and plug-in hybrids in China reached more than 1.2 million units, around 10 percent of total new car deliveries in the same period.
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China regulators have a new target: chip distributors

Al Jazeera 03 Aug 2021
Investors have piled into the shares of chipmakers as a worldwide shortage shows little sign of easing and as sales of electric cars from China to Europe and the US increase ... June car sales fell 12.6 percent from the previous month, the China Association of Automobile ...
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Chinese Electric-Car Majors Report Robust July Sales

Caixin Online 03 Aug 2021
China’s three U.S.-listed electric-car makers all reported healthy sales numbers in July, in a demonstration of consumers’ continued growing demand for homegrown new-energy vehicles ... The strong gains in July come as a number of electric-vehicle makers ramp up their manufacturing ...
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China's electric vehicle makers report strong July sales

Yahoo Daily News 02 Aug 2021
The rise in July deliveries comes at a time when electric car makers have been expanding manufacturing capacity in China, encouraged by the country's policy of promoting greener vehicles ... electric car maker Tesla, which dominates the EV market in China.
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China’s electric vehicle makers report strong July sales

Metro USA 02 Aug 2021
The rise in July deliveries comes at a time when electric car makers have been expanding manufacturing capacity in China, encouraged by the country’s policy of promoting greener vehicles ... electric car maker Tesla, which dominates the EV market in China.
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Chinese firms to help European EV ambitions

China Daily 02 Aug 2021
Chinese electric car battery makers are expanding their presence in Europe to support the ambitions of native governments and carmakers in electrification. Last year, 1.39 million electric cars and plug-in hybrids were sold in the European Union; more than those sold in China, the world's largest single market for such vehicles.
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Tesla Wannabe Xpeng Begins Building New Factory in Central China

Caixin Online 02 Aug 2021
Electric-car maker Xpeng has started building a new plant in central China designed to have an annual capacity of 100,000 vehicles, as it vies for its slice of the booming market ... “About 60% of cars sold in China’s first-tier cities will be smart vehicles by 2025, which I believe ...
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Tesla Stock Is Rallying Again. Thank China.

Barrons 02 Aug 2021
Tesla stock hasn't closed above $700 since May ... The likeliest reason is developments in China ... Last week, despite a 2% decline after the electric-car company reported its earnings on Tuesday, Tesla (ticker ... Investors may be feeling bullish about China’s electric-vehicle market ... And China is the world’s largest market for new cars ... .
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In support of Marjorie Taylor Greene

Dothan Eagle 01 Aug 2021
UNESCO must be the pioneer." ... Support for the belief that no crisis should be wasted to promote man-made climate change, electric cars (enriching China because they make the batteries because they control the rare minerals needed) and use the COVID pandemic as the perfect opportunity to create THE GREAT RESET demanded by the World Economic Forum ... .
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Tesla Drops Model 3 Price in China by Over $2,000

Caixin Online 30 Jul 2021
said it has lowered the price of its Model 3 electric cars in China by 15,000 yuan ($2,321) due to reductions in production costs ... as many as its main domestic rival Nio Inc., according to figures (link in Chinese) published on Thursday by the China Passenger Car Association.
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Volkswagen CEO: we need to change e-car approach in China

Reuters 29 Jul 2021
FRANKFURT, July 29 (Reuters) - Volkswagen (VOWG_p.DE) must change its approach to how it sells electric vehicles (EV) in China, the world's largest car market, Chief Executive Herbert Diess said, in a response to poor EV sales there.

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