As Tesla deals with the fallout of increased government scrutiny over its customer service and how it handles data, its vehicle sales fell last month in China by nearly 50%. Tesla is also facing growing competition from rival automakers in China in the electric vehicle space.
FutureCar Staff 2021-06-04 12:45 PT
Xpeng Inc., one of Tesla’s biggest competitors in China, continues to report growing EV sales. The company announced its vehicle delivery results for May 2021, which included sales of 5,686 electric vehicles. The total represents a 483% increase in year-on-year sales for the month of May.
Eric Walz2021-06-01 14:30 PT
Chinese New Energy Vehicle (NEV) startup Li Auto unveiled the refreshed Li One SUV with improvements in the powertrain, driving assistance system, intelligent cockpit, and user experience. With its redesigned Li ONE, the automaker expects monthly deliveries to reach 10,000 units by September, according to Shen Yanan, President & Co-founder of Li Auto.
Eric Walz2021-05-28 12:55 PT
After getting flack from regulators over how electric automaker Tesla stores camera and sensor data from its vehicles in China, the California company is working with Chinese regulators and has set up a data site to securely store it. Automakers are facing growing scrutiny over how they handle data collected by vehicle cameras or sensors.
Eric Walz2021-05-25 10:50 PT
The first of Tesla's China-built V3 Superchargers is now online in Shenzhen. The V3 Superchargers for Tesla's charging network in China are now being built at the automaker's new Supercharger manufacturing facility in Shanghai, which started production on Feb 3. Tesla is actively expanding its Supercharging network in China, which is the world's biggest auto market.
Eric Walz2021-05-21 10:55 PT
Chinese electric vehicle startup and Tesla challenger Xiaopeng Motors ("XPeng") announced its first quarter results on Thursday, which included a big jump in vehicle deliveries and gross revenue. The company reported total revenues were RMB2,950.9 million (US$450.4 million) for the first quarter of 2021, representing an increase of 616.1% from the same period last year and a 3.5% increase from Q4 2020.
Eric Walz2021-05-13 15:30 PT
California automaker Tesla Inc. is putting its expansion plans in China on hold due to rising tensions between the U.S. and China. in March, Tesla refrained from bidding on a plot of land across the road from its Shanghai factory, as it's no longer aiming to boost China production capacity significantly, at least for now, Reuters reports. The sources declined to be named as the discussions were private.
Eric Walz2021-05-11 10:25 PT
On Thursday, Tesla said it's developing a platform for car owners in China that will allow them to access data generated by their vehicles. Tesla aims to launch the platform by this year. This is the first time an automaker has announced plans to allow customers access car data in China, the world's biggest car market.
FutureCar Staff 2021-05-07 11:30 PT
Other automakers may be focusing on bringing electric SUVs and pickup trucks to market, but Genesis’ first electric car will be based on its G80 midsize sedan.
Vineeth Joel Patel2021-04-25 15:30 PT
Chinese electric vehicle startup Xpeng Inc. announced on Thursday that it entered into a cooperation agreement with the City of Wuhan to build a new Smart EV factory. The EV factory will be Xpeng’s second production facility and will have an annual capacity of 100,000 vehicles, which will help Xpeng better compete with Tesla and other domestic rivals in the growing China EV market.
FutureCar Staff 2021-04-09 12:00 PT
Last month the Chinese military banned Tesla cars from entering its complexes in China, citing security concerns over cameras in its vehicles. So Tesla Chief Executive Elon Musk is downplaying the security threats of models sold in China, assuring customers on social media that Tesla's "Sentry Mode" cameras are not active outside of the U.S.
FutureCar Staff 2021-04-07 08:00 PT
Automaker Volkswagen plans to buy emission credits from Tesla in China, according to sources familiar with the plans. The deal would be the first of its kind for the two automakers in China. As the world’s leading producer of fully-electric vehicles, Tesla is in a unique position to sell emission credits to other automakers, including in Europe and China.
Eric Walz2021-04-01 13:40 PT
For the month of February, consumers in China purchased Mandatory Liability Insurance for 18,039 China-made Tesla vehicles. Of the 18,039 Tesla vehicles registered, 13,394 were Model 3 sedans and 4,645 were Model Y crossovers. The new Tesla registrations in February are more vehicles than China’s six leading EV startups combined, including NIO, XPeng and Li Auto.
Eric Walz2021-03-29 13:25 PT
As a way to promote the enhanced capabilities of its latest autonomous driving hardware and software, Chinese electric vehicle startup Xpeng is embarking on a 7-day road trip through China. The trip will cover a distance of 3,675 km (2,283 miles) across six provinces in China. The journey will be the longest autonomous driving expedition by mass-produced vehicles in China, Xpeng said.
Eric Walz2021-03-19 15:30 PT
Electric automaker Tesla might be facing some new competition in China, which is the world’s biggest auto market. Chinese automaker Geely, which is the parent company of Swedish automaker Volvo Cars, is planning to launch a dedicated luxury-electric brand in China. Geely’s new EV brand will help the automaker compete in the growing luxury electric vehicle segment that so far has been dominated by Tesla.
Eric Walz2021-03-19 11:15 PT
U.S. listed Chinese EV startup and Tesla challenger XPeng (NYSE: XPEV) released its Q4 financial report for the fiscal year ended December 31, 2020 on Monday, which showed rising vehicle deliveries and narrowing losses. Xpeng reported it delivered 12,964 electric vehicles in the fourth quarter of 2020, representing an increase of 302.9% from 3,218 vehicles in the corresponding period of 2019 and an increase of 51.1% from 8,578 vehicles in Q3 2020.
FutureCar Staff 2021-03-08 14:00 PT
Chinese electric vehicle startup Xpeng Inc. announced on Monday that drivers traveled a cumulative distance of 1,023,884 kilometers (636,212 miles) since the company released its latest autonomous driving feature called Navigation Guided Pilot (NGP) on Jan 26. NGP is similar to Tesla's Full-Self Driving feature.
FutureCar Staff 2021-02-22 12:40 PT
Autonomous driving startup Pony.ai, which was founded in Fremont, California with the goal of building the safest and most reliable autonomous driving technology, announced it closed on a $367 million in a Series C funding round. The latest funding round values the company at roughly $5.3 billion as it looks to launch a commercial robotaxi service in China.
FutureCar Staff 2021-02-08 13:40 PT
Electric automaker Tesla said it will recall up to 36,126 of its Model S and Model X vehicles, which were built in California and shipped to customers in China to address errors caused by the flash memory used in the embedded Multimedia Controller (eMMC) that powers the center-mounted dashboard display. Tesla acknowledged that all of the older memory control units (MCU's) and displays used in the earlier Model S and Model X will eventually fail.
FutureCar Staff 2021-02-05 13:10 PT
China’s rising electric vehicle startup and Tesla challenger Xpeng has reported record deliveries to kick off the new year. It’s Xpeng’s third consecutive month of record-breaking delivery numbers. The company delivered 6,015 EVs last month, representing a 470% increase from Jan 2020.
Eric Walz2021-02-01 10:00 PT
Vineeth Joel PatelJun 12, 2021 7:30 AM PT
FutureCar Staff Jun 11, 2021 4:00 PM PT
Eric WalzJun 11, 2021 1:00 PM PT