The Xi Jinping administration fears a plant in the country would give Mexico unrestricted access to BYD’s advanced technology and EV know-how, insiders claim
The Chinese electric vehicle giant has described its new fast charging platform as similar to filling up a fuel tank at the pump
Tesla is aiming for a full rollout of FSD in China this year, and is working with tech giant Baidu to improve the performance of the system
Wealthy Chinese are investing in Musk’s businesses, despite deteriorating ties between Beijing and Washington, by using an arrangement that hides their identities
The short video app is facing a January 19 deadline for a ban in the US, unless its Chinese owner ByteDance divests its US operations
A brutal price war between automakers and millions of dollars worth of government subsidies fuelled a record boom in sales of EVs in China last year
This is the second time BYD has overtaken Tesla as the world’s biggest seller of electric vehicles in a quarter
Despite the sales bump, though, Tesla is still close to losing its top global EV-seller crown to Chinese rival BYD
Shenzhen-listed shares of the carmaker were up 5.74% at close of trade on Monday, while its Hong Kong-listed stock was up 3.53%
The Model Y crossover is the best-selling car in China among all power types, with January-June sales of 207,800 vehicles
The European Commission said it conducted an investigation, including sending a team to Tesla facilities in China, to verify what subsidies the firm had received
Industry insiders say EU tariffs are unlikely to stop the expansion of Chinese EV exports, with carmakers likely to simply pass on higher costs to customers