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Tesla’s China Sales Fall
Tesla's November China EV Sales Drop 4.3% as BYD Hits New High
Tesla Inc. ( TSLA, Financial) announced a 4.3% year-over -year decline in November China-made EV sales to 78,856 units, as reported by CPCA. However, its Model 3 and Model Y vehicle sales increased by 15.5% compared to the previous month.
Chinese EV sales climb in November ahead of holiday season
The figures come against a backdrop in which most major automakers in China have made aggressive moves to boost their year-end deliveries.
Tesla's China-made EV sales drop 4.3% in Nov
U.S. automaker Tesla's's sales of China-made electric vehicles fell 4.3% year-on-year to 78,856 in November, data from the China Passenger Car Association (CPCA) showed on Tuesday. Deliveries of China-made Model 3 and Model Y vehicles recorded a 15.
Tesla's China-Made EV Sales Decline in November Amid Strategic Shifts
Tesla reported a 4.3% year-over-year decrease in sales of its China-manufactured electric vehicles for November.
Tesla’s China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker sold 78,856 China-made cars in November, down 4.3% compared with a year earlier.
Tesla China Shipments Fall Again Amid Hopes for Bumper Quarter
Deliveries from Tesla Inc.’s Shanghai factory fell for a second month in November, despite an increase in subsidies from the Chinese government aimed at enticing more consumers to buy an electric car.
Tesla sales rise in China thanks to incentives, can it save its quarter?
Tesla sales are rising in China thanks to incentives put in place by the automaker on top of state incentives going away by the end of the year. Is enough to save Tesla’s quarter and its whole year? Tesla aims to deliver a record number of more than 515,
China, GM
GM sees $5 billion impact from restructuring in China
GM’s CEO Mary Barra told Fortune in October that China’s EV price war “has become a race to the bottom with pricing and the level of subsidies.” Barra explained that low-cost loans enable some companies to sell cars at a loss, which puts pressure on foreign automakers like GM.
GM to take more than $5 billion in charges on China operations
General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its joint venture in China, one related to the restructuring of the operation and another reflecting its reduced value.
Losses in China lead to $5-billion charge for General Motors
The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and take a restructuring charge.
6d
on MSN
China’s EV price war is so brutal that BYD is trying to pinch its suppliers
China’s top maker of electric vehicles (EV) wants to pay a lot less for car parts in the new year, a demand that signals ...
6d
China’s EV Boom Threatens to Push Gasoline Demand Off a Cliff
From Tesla chargers in the ancient alleys that surround the Forbidden City in Beijing to lonely highway rest stops with ...
6h
General Motors is taking a $5 billion-plus hit on its operations in China
GM said it would write down the value of its joint venture with China's SAIC Motors by as much as $2.9 billion and incur ...
6h
GM is struggling so much in China, it had to announce massive charges to fix its business
China, once GM’s largest and most important market, has become its biggest problem. General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 ...
6h
EU readies itself for clean energy rivalry with China
Brussels said it would prioritize issuing grants to EV battery manufacturers that were less dependent on Chinese supply ...
3h
Benchmark Mineral Intelligence EV Battery Metal Prices
Battery / EV Metals Price BMI Lithium Carbonate, EXW China, >=99.2% Li2CO3 10,600 BMI Lithium Hydroxide, EXW China, >=56.5% LiOH 9,350 BMI Cobalt Sulphate, EXW China, >20.5% Co 3,643 BMI Nickel ...
1d
on MSN
Tesla's China-made EV sales drop 4.3% y/y in Nov
U.S. automaker Tesla's's sales of China-made electric vehicles fell 4.3% year-on-year to 78,856 in November, data from the ...
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