Tesla and Nio buck EV sales slump

By Jill Shen

The slump in sales for China’s EVs continued in March, but were still four times better than February. Tesla accounted for over 20% of the total market share, the country’s top industry body said on Thursday.

Why it matters: The latest sales figures…

Giga Shanghai is now the only Tesla plant making cars

By Jill Shen

Gigafactory Shanghai is now the only Tesla production facility making cars following a full-scale shutdown of its factories in California and New York alongside continued job cuts at its Nevada factory, as Covid-19 infections in the US continue to esca…

Tesla’s China-made Model Y may soon be a reality

By Jill Shen

The made-in-China Model Y may start rolling off the Shanghai Gigafactory production lines of US electric carmaker Tesla earlier than expected. The company has placed a RMB 220 million ($31 million) order from a Chinese auto parts supplier for its compa…

Nio deliveries tumble 56% in February

By Jill Shen

Mar 10, 20202 min read Nio held its annual launch event Nio Day in Shenzhen on Saturday, Dec. 28, 2019. (Image credit: Nio)

Electric car maker Nio delivered just north of 700 cars in February, half the number it had produced a month earlier…