The launch comes after Hyundai announced plans to build EV plants both at home and the US, where the Ioniq 5 and Kia's EV 6 SUV together became the second-best selling EVs
Tesla's ties to Chinese government officials were a key factor in its production recovery from crippling Covid-related lockdowns, Nikkei Asia reported
The Warren Buffett-backed auto firm’s rise underscores China’s growing prowess in electric vehicle manufacturing and renewable energy, the FT said....
Tesla has bounced back from the Shanghai lockdown in June, selling more than double the amount of locally-made vehicles it did in May and 135% more than it did a year ago, a China car group said
Tesla has been asking employees to agree to release it of all claims, in exchange for a severance of just one or two weeks' pay and benefits
The Warren Buffett-backed auto firm's rise underscores China's growing prowess in electric vehicle manufacturing and renewable energy, the FT said.
World’s biggest EV maker blamed resurgence in Covid-19 cases in China for ending a nearly two-year-long run of record quarterly deliveries
The carmaker laid off about 200 employees at the driver-assistant system unit. One man who lost his job said: "We're definitely shocked; we're definitely blindsided."
The Tesla chief executive said a shortage of batteries and machinery tools stuck in Chinese ports is taking a big toll on output and revenue.
US EV maker plans upgrades to its Shanghai plant to boost production as lockdowns hammer output at the facility.
Ban comes just weeks after Chengdu police diverted Tesla cars away from numerous parts of the city during Xi visit.
China is concerned about Elon Musk's ties to the US military and the role his satellites could play in a war in Asia, which means Tesla's access to the Chinese market could be at risk