Automundo China
Tesla (TSLA) Reignites Price War in China with Insurance Subsidy

Tesla ($TSLA) is offering an RMB 8,000 ($1,100) insurance subsidy for all variants of the Model 3, reducing the starting price of the entry-level model to RMB 227,5...
Toyota to follow Tesla’s step in building wholly-owned plant in Shanghai...

The new plant is scheduled to start production in 2027 with an initial capacity of about 100,000 units per year.
Xiaomi’s HK$1 trillion value, self-driving features in new cars : 5...

From Xiaomi’s market value surpassing HK$1 trillion to self-driving features in new Chinese cars, here are five EV stories you may have missed.
Chinese OEMs continue vertical integration of FVL

Chinese OEMs like BYD and SAIC Motor expand ro-ro fleets to ease export logistics amid global shipping capacity constraints.
Tesla Offers Insurance Grants to Chinese Buyers of Model 3

Tesla China is offering all buyers of Model 3 insurance subsidies of up to 8,000 yuan, Reuters reported Wednesday, citing the electric carmarker's post on its Weibo account.
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Japan’s Toyota announces EV and battery push in China and U.S.,...
Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai government.
China fosters another IC unicorn as BYD fund moves in

As the spring begins for 2025, China's IC industry has seen a major injection of funding. Wuxi SJ Semiconductor has closed a financing agreement worth roughly US$700 million. This funding round includes contributions from BYD's fully owned investment fund, bringing significant attention to this large financial initiative.
Tesla Megafactory in Shanghai to officially start production on Feb 11

Tesla plans to hold a ceremony on February 11 for the start of production at its Shanghai Megafactory, which will begin capacity ramp-up in the first quarter.
How Incumbents Can Win the EV War

Rather than following the playbook of Chinese EV companies, incumbents should adopt a more strategic approach tailored to their unique strengths.














