Automundo China

Multiple state-owned enterprises in Shanghai have purchased Tesla Model Ys as part of the city's efforts to optimize business environment and demonstrate equal treatment for domestic and foreign companies.

Several state-owned firms in China's financial hub of Shanghai have recently purchased Tesla's best-selling Model Y as service cars, a local government statement said on Friday. The purchase is an "active response" to the call for equal treatment of Chinese and foreign firms in government purchases, according to the investment promotion service centre of the Lingang Special Area, where Tesla's largest manufacturing hub is located. A local media report on Thursday said Tesla cars had been made eligible for a Chinese local government purchase list.

Several Chinese state firms in Shanghai buy Tesla Model Y cars

Electric vehicles are the need of the hour due to their efficiency and environmental benefits, and are vital for achieving carbon neutrality goals. So the European Commission's controversial decision to significantly raise tariffs on electric vehicles made by Chinese manufacturers BYD, Geely and SAIC to up to 38.1 percent, raises significant concerns as it disrupts the world's transition to a net-zero economy.

An eight-month EU probe into the Chinese EV sector found makers were benefiting from huge government subsidies to keep prices low and gain an unfair stronghold on the market.

Tesla's inclusion shows that China is making a "fair and diverse choice," the head of the China Passenger Car Association told state media.

A European Commission probe concluded that state subsidies for Chinese EV manufacturers were unfairly undercutting European rivals.

Chinese electric vehicle (EV) giant BYD has officially launched its first manufacturing facility in Southeast Asia. The state-of-the-art plant, located in Thailand, marks a pivotal moment in the company's international expansion strategy and further cements its position as a dominant force in the region's burgeoning EV market.

BYD, the world’s largest electric vehicle (EV) manufacturer based in China, has inaugurated a new EV production facility in Thailand

Tesla Inc.’s locally built cars in China have made it onto a provincial government’s procurement list, meaning that Communist Party workers can buy them for officia…