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Price war intensifies as Tesla, Xpeng and Nio announce deep cuts...

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Chinese brands offering incentives after sales increases in January while Tesla, which is seeing dis

Boyd Gaming (BYD) Reports Q4: Everything You Need To Know Ahead...

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Boyd Gaming (BYD) Reports Q4: Everything You Need To Know Ahead Of Earnings
Gaming and hospitality company Boyd Gaming (NYSE:BYD) will be announcing earnings results tomorrow after market close. Here’s what to expect.

Toyota is following Elon Musk’s lead as it tries to turn...

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The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did the same in 2019.

Gasgoo Daily: BYD Sealion 07 EV hits market in Hungary

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Gasgoo Daily: BYD Sealion 07 EV hits market in Hungary
With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which w

Toyota to build new EV plant in Shanghai

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Toyota to build new EV plant in Shanghai
In a strategic move to bolster its presence in the world's largest automotive market, Japanese automaker Toyota Motor Corp. announced on Wednesday that it will construct a new wholly-owned electric vehicle (EV) manufacturing plant in Shanghai.

Tesla offers limited-time 8000-yuan insurance subsidy on Model 3 in China

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Beijing (Gasgoo)- On February 5, Tesla announced via its official Weibo account a limited-time insurance subsidy of 8,000 yuan for all locally-made Model 3 var

Tesla Shanghai Megafactory to start production on February 11

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Tesla Shanghai Megafactory to start production on February 11

The Tesla Shanghai Megafactory will start volume production on February 11. It took company 7 months to finish construction of this factory.

The post Tesla Shanghai Megafactory to start production on February 11 appeared first on CarNewsChina.com.

Tesla Ignites a Price War in China with Shocking New Subsidies!

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Tesla has launched significant financial incentives in China to boost sales as the Year of the Snake begins. Buyers can receive up to 8,000 yuan for vehicle insurance and benefit from a five-year interest-free loan. This marks the most substantial promotion for the Model 3 since its release in 2019. The aggressive pricing strategy is intended to counter lagging overseas deliveries caused by tariff issues. Experts caution that these moves could lead to a price war that may impact profit margins across the industry. Increased competition may force dealerships to adapt or risk going out of business. Overall, Tesla’s actions

Tesla Launches Limited-Time Car Insurance Subsidy for Model 3 In China,...

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EV giant Tesla has launched a limited-time insurance subsidy of 8000 yuan in China on the purchase of a new Model 3 vehicle.