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

Zhu's title of Greater China VP remains unchanged and he continues to hold the position of the US electric vehicle-maker's most senior executive for sales in the rest of Asia

The partnership will enable the storage and deployment of renewables on an improved and larger scale, Pandaily said

The new brand will be an addition to Yangwang, a premium brand set for launch in the first quarter of 2023 that it announced last month

Buffett has been trimming his stake in the electric vehicle and battery maker this year, with the first share sale reported in August

“China is actually free to up its game with respect to environmental standards... and eventually join the alliance," Canada's Natural Resources Minister Jonathan Wilkinson said

If successful, the IPO would be the first major US float of a Chinese firm since Beijing tightened its grip over Chinese companies' overseas share sales in July last year

Sales of NEVs, which include battery electric vehicles, plug-in hybrid vehicles, and fuel cell vehicles, hit 786,000 units

The sale lowered Berkshire's holdings in BYD's total issued H-shares to 16.62% on November 8, down from 17.15%

Banks and key financial entities in Shanghai are among 864 institutions that have been allowed to return to work in China's financial centre, sources said on Wednesday

Li Auto, which gets 80% of its EV parts from Shanghai and the Yangtze River Delta, was hit hardest while Xpeng in far away Guangzhou fared the best.