Tesla Cuts Prices In China By 12-26% To Absorb Increase Of Import Duty

Tesla lowers prices in China, but Model S 75D starts at six digits (>$100,000) still. Tesla once again adjusted prices of Tesla Model S and Tesla Model X in China, as demand weakened after China applied a 40% import duty (compared to the previous 25%). According to Reuters, prices were lowered by 12-26% to make […]

Tesla lowers prices in China

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Tesla will be lowering the prices for the Model S and Model X in China by between 12% and 26%. The plan is to compensate for import tariffs, which have been caused by the rift between the current US American administration and China. This means that Tesla’s BEVs will be more affordable in the far […]

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China: Leap Motor receives 2 billion Yuan capital

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The Chinese electric vehicle startup Leap Motor has generated a total of 2 billion yuan (250 million euros) in their most recent financing round. They may even reach 2.5 billion yuan by the end of the year, with the Shanghai Electric Group leading the way. The capital will be invested in research and development, batteries, […]

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Tesla is “absorbing” part of import tariffs to lower Model S and X prices in China

In an effort to make its electric cars more affordable to customers in China, Tesla has announced that it is cutting the prices of the Model S and Model X by 12 to 26% despite the ongoing trade war between the United States and the Asian economic powerhouse. Apart from lowering the prices of its […]

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Honda Reveals Electric CUV With 53.6 kWh Battery Based On HR-V

Honda’s upcoming Everus VE-1 is now a reality and will be produced exclusively for China. Back in April, Honda unveiled an all-electric crossover concept based on its HR-V. Now, the automaker has partnered with China’s GAC Group to bring the production version to market in China. The VE-1 SUV is currently being showcased at the […]

Xpeng gearing up for on-sale of debut electric car G3

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The Chinese electric car startup Xpeng Motors sets the launch of its first model Xpeng G3 on December, 12 and provides details of its sales concept as well as the planned installation of quick charging stations. The Tesla-infused electric vehicle is out for testing as you read. Xpeng, formerly known as Xiaopeng has been preparing […]

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China Kicks Off Production Of Solid-State Batteries

Solid-state battery production line (100 MWh/year) was launched in China The Chinese start-up Qing Tao (Kunshan) Energy Development Co. Ltd launched its first production line of solid-state battery cells in the city of Kunshan, east China’s Jiangsu Province. The company is led by Nan Cewen, a member of the Chinese Academy of Sciences, who founded […]

Honda presents first all-electric car for China

Honda presented its first electric model for the Chinese market at the Guangzhou Auto Show. The compact SUV called VE-1 evokes the Honda HR-V model they based it on. It is also the series version of the Everus EV Concept Honda presented at the Auto China earlier in April. Regularly the Honda HR-V comes with […]

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