The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota’s premium Lexus brand.

Tesla and Xpeng are offering rebates on car insurance and loans in February in response to BYD’s price cut in December.

The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did the same in 2019.

BYD Company Limited surpassed Tesla, Inc. as top EV maker with vertical integration strategy through Mexico production ...

Tesla (NASDAQ: TSLA) is ramping up incentives in China, offering an 8,000 yuan ($1,103) insurance subsidy for new Model 3 ...

Tesla Inc researcher Troy Teslike now expects Tesla to start shipping Model Ys from its gigafactory in Berlin after Canada ...

US battery electric vehicle (BEV) manufacturer Tesla received more than 70,000 bookings in China for its facelifted Model Y ...

Former Tesla exec Rohan Patel slammed Trump's decision to impose new tariffs of 25% on Mexico and Canada and 10% on imports ...

Toyota wants to establish a new wholly-owned subsidiary for the development and production of BEVs and batteries in the ...

Tesla (TSLA) stock is up 96% over six months, but its rally is fizzing out. Recent Q4 results failed to impress, and despite Elon Musk ...