Latest News and Articles about China EV Market
Tesla’s Model Y L Hits China: EV Battle Mirrors Bitcoin’s Disruption Fight
Tesla’s Model Y L Hits China: A Disruption Play with Crypto Shadows Tesla has fired a new salvo in China’s cutthroat electric vehicle (EV) market with the launch of its Model Y L, a stretched SUV built to tackle slumping sales and fierce local competition. Unveiled for orders on August 18, with deliveries set for […]
Read MoreChina’s EV Resale Ban Targets Fraud: Can Blockchain Deliver Transparency?
China’s EV Resale Ban: Unmasking Fraud and Blockchain’s Path to Transparency China’s electric vehicle (EV) market, a titan of innovation and sheer scale, is grappling with a scam so blatant it could give crypto’s worst rug pulls a run for their money. The Ministry of Industry and Information Technology is now weighing a six-month ban […]
Read MoreTesla’s China Market Share Crashes to 4%: Elon Musk Faces Brutal Competition
Tesla’s Market Share in China Plunges to 4%: A Brutal Wake-Up Call for Elon Musk Tesla’s grip on China’s electric vehicle (EV) market, once a stronghold as its second-largest territory, has crumbled to a pitiful 4% share, down from 11% in early 2021, with sales nosediving 30% year-over-year in May. As domestic titans like BYD […]
Read MoreBYD Hits Brakes: EV Giant Cuts Production Amid China Chaos and Global Expansion Risks
BYD Slams the Brakes: Chinese EV Titan Reins In Amid Domestic Chaos and Global Gambles Chinese electric vehicle (EV) behemoth BYD, recently crowned the world’s top EV maker ahead of Tesla, is hitting a wall of unsold cars and cutthroat pricing at home. Now, it’s scaling back its once-relentless expansion while chasing new horizons abroad. […]
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