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 ...

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

Tesla received more than 70,000 bookings in China for its facelifted Model Y in the first week after the company began taking ...

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

The EU Commission had imposed duty rates on Chinese-made EVs in a bid to encourage domestic manufacturing. Tesla was ...

Production of the revised Model Y began at Tesla’s gigafactory in Shanghai last month ... Retail sales in China rose by 9% to 657,102 units last year while exports fell by 25% to 259,558 ...