Automundo China

Tesla has over 400 local tier-1 suppliers signed up in China, more than 60 of which are in its global supply chain system, according to local media.

The brand's profits have tumbled to below a billion euros for the first time in at least 10 quarters

Li Auto had 11,600 insurance registrations last week, Xpeng 7,200, Zeekr 6,200, Leapmotor 9,100 and Aito 7,500.

Tesla plans to launch its Full Self-Driving (FSD) technology in China by early 2025, though regulatory approval remains uncertain. Domestic automakers are intensifying efforts to showcase their tech, with Xiaomi demonstrating automated parking on its SU7 EV. However, reports of parking mishaps have surfaced, prompting Xiaomi to cover repairs and offer compensation, though the actual number of incidents is unclear amid fierce market competition.

These cosy relationships may be challenged during the second Trump term due to changing market conditions and deteriorating US-China ties.

I let my thoughts on last week's 2024 Los Angeles Auto Show press day marinate over the long flight home and throughout the weekend.Here's my take on a weird (in a mostly good way) media day last week in LA.

Tesla has announced a limited-time promotion in China, providing significant savings and financing options for its popular Model Y. Customers who purchase the rear-wheel-drive or long-range all-wheel-drive Model Y between November 25 and December 31, 2024, can enjoy a direct discount of ¥10,000 (about $1,381 USD) applied to the final payment. In addition to the - Tesla has announced a limited-time promotion in China, providing significant savings and financing options for its popular Model Y. Customers who purchase the rear-wheel-drive or long-range all-wheel-drive Model Y between November 25 and December 31, 2024, can enjoy a direct discount of ¥10,000 (about $1,381 USD) applied to the final payment. In addition to the

Tesla has introduced a limited-time discount on its Model Y in China on select trims. At the same time, the automaker has also extended its popular 0% interest financing offer that was originally set to […]

An agreement on Chinese EV prices in Europe may end months of tariff disputes.