Tesla Gigafactory 3 moves forward with loan agreements from Shanghai banks: report

Tesla is making progress with its planned Gigafactory 3 in China. Not long after it was revealed that Tesla had sealed the deal to acquire an 864,885-square meter plot of land in Shanghai’s Lingang area, reports have emerged from Chinese media stating that local banks have signed low-interest loan agreements with the electric car maker. […]

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Tesla secures site for Gigafactory 3 in Shanghai

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Tesla has found the spot to construct the Gigafactory 3 on Chinese soil. A 860,000 sqm plot of land in Shanghai has been secured according to a post the company made on social media of China and previous rumours had suggested as much. Still, the deal must be considered groundbreaking in every sense. Tesla had […]

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Mitsubishi & GAC making a $20,000 electric SUV

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Mitsubishi and GAC jointly kick-off production of their first electric SUV in the Chinese town of Changsha. The Eupheme EV offers a range of 410 kilometres according to the manufacturer GMMC, yet it is the base price after subsidies that will ultimately sway the consumers. The electric SUV will start at 20,000 dollars (about 17,360 […]

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Tesla Acquires Massive Chunk Of Land In China For Gigafactory 3

Tesla now knows where to build the Gigafactory 3. Tesla (Shanghai) Co., Ltd. acquired an 860,000 square meter plot of land at the Shanghai Lingang Equipment Industrial Zone in China, where it plans to build Gigafactory 3. The purchase was done through an auction for 973 million yuan (about $140 million), which seems to be in […]

Nissan Starts Sales Of Sylphy Zero Emission In China

Electric Nissan Sylphy now on sale in China. The Nissan Sylphy is one of the most popular models in China, which in the past 12 years found 2.6 million customers. This fall, the Japanese brand is introducing an all-electric version – Nissan Sylphy Zero Emission – based on the Nissan LEAF. Production of the Nissan […]

Tesla successfully secures 9.3-million sq-ft land for Gigafactory 3

Recent reports from local Chinese news outlets indicate that Tesla has successfully acquired a 9.3 million-square-foot plot of land at the Shanghai Lingang Equipment Industrial Zone. The area will be the site of the electric car maker’s upcoming Gigafactory 3, which is expected to produce 500,000 electric cars per year when complete.  The land transfer […]

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GAC Mitsubishi Announces Launch Of New Eupheme Electric SUV

Eupheme is now available in an all-electric version too. The GAC Mitsubishi Motors (GMMC) joint venture, between Mitsubishi Motors Corporation, Guangzhou Automobile Group (GAC) and the Mitsubishi Corporation, begins production of an all-new all-electric Eupheme EV model (designed by GAC) in Changsha, Hunan, China. It’s rated for up to 410 km (255 miles) on a single […]

BYD To Introduce Tang BEV And Song MAX PHEV By End Of 2018

Even more plug-ins in the pipeline from BYD. More than 25,000 plug-ins sold in a single month by BYD in September 2018 in China is a record not set to last. The Chinese manufacturer is busy at work to expand its lineup to include new models. Cu,rrently BYD offers several all-electric and plug-in hybrids: Tang […]

Quick Look At New Energy Vehicle Sales In China Through August 2018

China now has more than 2.3 million plug-in vehicles According to the China Association of Automobile Manufacturers (CAAM), during the first eight months of this year, already more than 600,000 New Energy Vehicles (all-electric and plug-in hybrids – cars, buses, trucks, etc.) were sold. Monthly sales exceed 100,000 in August (and May) and probably will […]