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China, Tesla and BYD
More bad news for Tesla in China
Tesla's sales slip comes amid a record year for competitor BYD in the ever-important Chinese market.
Tesla's Oct China-made EV sales fall 5.3% y/y
U.S. automaker Tesla sold 68,280 China-made electric vehicles in October, down 5.3% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday. Deliveries of China-made Model 3 and Model Y vehicles fell 22.
China's BYD overtakes Tesla revenue for first time
However, Tesla still sold more electric vehicle (EVs) than BYD in the third quarter. It comes as EV sales in China have been getting a boost from government subsidies to encourage
China, DeepRoute.ai
DeepRoute raises $100M in push to beat Tesla’s FSD in China
DeepRoute.ai, a Shenzhen-based autonomous driving technology startup, raised $100 million from an unidentified Chinese automaker. The company aims to get
China's DeepRoute.ai Raises $100 Million as Smart Driving Adoption Speeds Up
Chinese autonomous driving technology developer DeepRoute.ai has raised $100 million from an automaker, the company said on Monday, as it looks to bolster mass adoption of its systems on vehicles ahead of Tesla in China.
China’s DeepRoute.ai secures $100m for smart driving expansion
DeepRoute.ai, a Chinese autonomous driving technology developer, has secured $100m (710m yuan) funding from an undisclosed automaker, reports Reuters. The company’s existing investors, including Alibaba,
39m
on MSN
Tesla criticizes Biden's plan to ban Chinese tech in cars
Tesla said the proposed ban on Chinese-developed software would create a "massive and ultimately unnecessary regulatory ...
2h
China And The Fed Are Quietly Adding To A ‘Perfect Storm’ That Could Be About To Blow Up The Bitcoin Price
Arthur Hayes, a cofounder of bitcoin and crypto derivatives pioneer BitMex who went on to set up the Maelstrom investment ...
EconoTimes
1d
China’s DeepRoute.ai Secures $100M to Lead Autonomous Driving, Eyes 200,000-Car Rollout by 2025
Chinese autonomous driving innovator DeepRoute.ai has raised $100 million from an unnamed local carmaker, aiming to outfit ...
1d
on MSN
The China threat and the EV slowdown— 2 takeaways from a busy few weeks in auto news
EV leaders are facing roadblocks heading into the final quarter of 2024.
Analytics India Magazine
1d
Is China’s Walker S1 a Step Ahead of Tesla’s Optimus?
UBTECH's focus with the Walker S1 humanoid is to skip lengthy stages of concept development, testing, and prototyping and ...
4d
China Market Update: BYD Revenue Exceeds Tesla, Tesla’s Market Cap Is 7X Larger
Asian equities were mixed overnight after Microsoft and Meta reported disappointing financial results after the US market ...
Electrek
10d
New Tesla Model Y vehicles with design refresh spotted in China
Several Tesla Model Y vehicles were spotted with camouflage in China – likely due to the upcoming design refresh.
19h
Tesla's stock falls again, toward longest losing streak in 7 months
Tesla's stock was falling 1.7% in recent trading toward a sixth straight loss, which would be the longest losing streak since the seven-day stretch that ended April 22. For those wondering it the ...
1d
on MSN
Tesla Shares Slide In Pre-Market As Sales Of Elon Musk-Led Company's Made-In-China EVs Drop In October
Tesla Inc shares slid over 2% in pre-market trading on Monday after China Passenger Car Association (CPCA) data showed that ...
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