Automundo China

Currently 90 percent of China's power batteries are transported by road, and rail transportation is expected to reduce costs and improve efficiency.

Tesla China saw 17,100 new vehicle registrations in the week of November 11-17, 2024, comprised of 9,900 Model Y and 7,190 Model 3.

The automotive world is moving rapidly toward electrification, but the future isn’t necessarily 100% electric. Plug-in hybrid electric vehicles (PHEVs) are carving out a significant niche, offering a compelling alternative to pure EVs. This trend is particularly evident in China, where PHEVs are gaining popularity, thanks largely to the innovative efforts of BYD, the undisputed leader in electrification and the benchmark for competitors.

BYD is developing a smart driving chip with a computing power of 80 TOPS that will be used in the company's models priced between RMB 80,000 ($11,060) and RMB 300,000, according to local media.

Tesla helped the S&P achieve its first winning day in three and the Nasdaq break its four-day losing streak, despite Nvidia dropping 1.3%.

The Yangwang U9 by BYD is now the third fastest EV in the world, challenging rivals like the Rimac Nevera and Aspark Owl SP600

Li Auto had 12,300 insurance registrations last week, Xpeng 6,300, Zeekr 6,000, Leapmotor 8,500 and Aito 7,200.

Tesla Model 3 wait time in China has been shortened from 2-4 weeks previously to 1-3 weeks, while the Model Y remains unchanged at 1-3 weeks.