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US Tesla chief, who continues to respect Chinese makers of electric vehicles, not only met Premier Li Qiang but also came away with some good news.
Beijing accuses Brussels of protectionism over its threatened tariffs against imports of competitively priced quality cars, putting relations on an even rockier road.
Shenzhen carmaker is having the last laugh on Elon Musk as its global deliveries overtake those of US rival.
Chinese smartphone maker Xiaomi has become the country’s eighth-largest EV upstart after selling more than 7,000 units of its SU7 sedan in April, according to industry data.
The era of battery-powered cars has truly arrived, as EVs dominated the car show. While carmakers still displayed a lot of futuristic concepts, it was the ongoing price war that had people talking.
The potential launch of Tesla’s Full Self-Driving system in China is expected to help widen domestic availability of such autonomous vehicle technology.
Expected granting of a licence follows CEO Elon Musk’s discussion with top Chinese officials last month, state-run newspaper China Daily reported.
The Austin-based senior vice-president had previously been based in China, heading the carmaker’s Asia-Pacific operations.
China’s top three premium EV makers posted mixed sales last month, as companies remain entrenched in a price war in the world’s largest car market that shows no signs of ending.
To go to market with Tesla’s Full Self-Driving system, Elon Musk had no choice but to join a Chinese partner for a mapping licence on the mainland.
General Motors, Ford and other carmakers, which struck deals last year to give customers access to the network, said they are not changing their plans.
Tesla CEO Elon Musk cancelled his meeting with India PM Modi last week, and instead went to China to make progress towards an advanced driver assistance package.
The US carmaker has passed a test of its compliance with Beijing’s data security rules thanks to a watershed decision it says could pave the way for the removal of some restrictions on the use of its cars in mainland China.
Billionaire Elon Musk flew into Beijing on Sunday, meeting Premier Li Qiang and hoping to bring Tesla’s autonomous driving technology to China amid intensified competition with local electric vehicle makers.
The electric vehicle maker is expected to build a base in India given the country’s importance as a sales market, analysts say.
The carmaker hopes to lure high-end Chinese consumers amid an escalating price war among some of its top rivals.
Further discounts offered by carmakers in a price war in mainland China’s electric vehicle market could ensnare even the likes of top seller BYD, Goldman Sachs says.
The fake Musk claimed he could make the woman rich by helping her invest her money.
Tesla launch of ‘new models’ by early 2025 in an advanced timeline would use its current platforms and production lines
Chinese smartphone brand Xiaomi has declared initial victory in its foray into the crowded electric vehicle market, claiming more than 70,000 orders for its SU7 sedan in the first month.
Readers discuss the competition among electric vehicle manufacturers in China, and what the country’s leadership should prioritise.
Li Auto , Tesla’s nearest rival in mainland China, reduced the price of all its vehicles by up to 5.7 per cent, just a day after the US carmaker offered discounts to local customers amid an escalating discount war.
Musk has ordered the company’s biggest lay-offs ever and staked its future on a next-generation, self-driving vehicle concept called the robotaxi. People familiar with his directives are unsettled by the changes the CEO wants to push through.
Tesla has cut the prices of its Shanghai-made vehicles by more than 5 per cent in mainland China, joining an intensifying discount war in the country amid a slowdown in the carmaker’s sales globally.
The planned visit would have included a meeting with Prime Minister Modi and the announcement of plans for Tesla to enter the Indian market.
Mainland China’s tech sector is bracing for a new round of job cuts at Ericsson, Tesla, Amazon.com and Intel.
The affected vehicles have a fault with their accelerators that could cause the pedal to jam, Tesla said.
Beijing-based Li Auto has priced the new L6 SUV from 249,800 yuan (US$34,509) onwards, 5 per cent cheaper than Tesla’s popular Model Y.