NEVS takes over Protean Electric

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The Saab successor company NEVS (National Electric Vehicle Sweden) is taking over the wheel hub motor specialist Protean Electric. NEVS intends to use the ProteanDrive electric drive technology in future electric cars. Protean Electric will continue to operate as an independent company under the umbrella of the Evergrande Group, which became the main owner of […]

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Volkswagen Group strengthens activities in China with market entry of SEAT and Smart City Project

The Volkswagen Group is expanding its business in its most important market, China. Volkswagen Group China, SEAT and the Chinese auto manufacturer JAC, which together form the joint venture JAC Volkswagen, continue to drive SEAT’s market entry st…

China: Tesla’s Model 3 factory ready for orders

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Tesla has opened the order books in China for the Model 3, which the EV manufacturer will produce in its Shanghai plant, which is still under construction. The first deliveries of the Model 3 from local production are scheduled to start in six to ten months. This is the Standard Range Plus version, which will […]

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Tesla’s China website overwhelmed after pre-orders opened for locally-made Model 3

Earlier today, Tesla China revealed the price of the Model 3 Standard Range Plus variant that will be produced in Gigafactory 3. Starting at RMB 328,000 (~$47,400), the locally-made vehicle is RMB 49,000 (~$7,000) cheaper than the US-made Model 3 SR+’s price, which was listed at RMB 377,000 (~$54,500). The savings for the locally-made vehicle […]

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Tesla’s impending made-in-China Model 3 assault should scare critics

Earlier today, Tesla stock (NASDAQ:TSLA) received yet another negative outlook from Wall Street. This time around, it was Barclays analyst Brian Johnson, who reduced his price target for TSLA to a very conservative $133 per share. According to the analyst, his low price target is due to demand for the Model 3 stagnating in the […]

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Tesla attracts large crowds of applicants for Gigafactory 3 in special job fair

Tesla recently held a special job fair in Lingang China, to hire the first wave of frontline employees of Gigafactory 3. The job fair, which was aimed at hiring employees for 25 different positions under six departments, was a huge success, with Tesla receiving a massive number of applications from interested job-seekers. Posts from Chinese […]

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Tesla to open pre-orders for locally-made Model 3 in China on May 31

Tesla has revealed that it will be opening pre-orders for locally-made Model 3 in China starting this Friday, May 31, 2019. The announcement was posted on the electric car maker’s official Weibo account, and it included a teaser image of a Tesla Model 3 facing the nearly complete factory shell of Gigafactory 3. Tesla’s Weibo […]

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Tesla engages fans on Model 3 pricing in China ahead of special event

Yesterday, the Tesla community was saturated by news of a cryptic teaser emerging from China. The image, which included the words 储势,待发 (roughly translates to “building up momentum, getting ready to launch”) and a date (May 31, 2019), captured the Tesla community’s interest. It didn’t take long before speculations emerged about what the teaser could […]

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Seat to make purely electric entry in China

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The joint venture JAC Volkswagen have signed agreements for the Seat brand to enter the Chinese market over the next two to three years. The JV aims to focus on smaller electric cars and use their R&D centre in Hefei to pilot smart city solutions.  Volkswagen Group China, SEAT and the Chinese auto manufacturer JAC, […]

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