The German carmaker, which saw its market share shrink in China last year, said it plans to launch 30 new electric cars on the mainland by 2030 as it vies to keep up with the rapid pace of electrification in the world’s largest vehicle market.

Tesla launch of ‘new models’ by early 2025 in an advanced timeline would use its current platforms and production lines

Chinese smartphone brand Xiaomi has declared initial victory in its foray into the crowded electric vehicle market, claiming more than 70,000 orders for its SU7 sedan in the first month.

Lawmakers hear 40 petrol stations have agreed to install 100 quick chargers by March next year.

Readers discuss the competition among electric vehicle manufacturers in China, and what the country’s leadership should prioritise.

Li Auto , Tesla’s nearest rival in mainland China, reduced the price of all its vehicles by up to 5.7 per cent, just a day after the US carmaker offered discounts to local customers amid an escalating discount war.

Musk has ordered the company’s biggest lay-offs ever and staked its future on a next-generation, self-driving vehicle concept called the robotaxi. People familiar with his directives are unsettled by the changes the CEO wants to push through.

Hesai, which released new products based on its ATX technology on Friday, is seriously considering building plants outside mainland China to capitalise on the growing use of the technology, CEO Li says.

The affected vehicles have a fault with their accelerators that could cause the pedal to jam, Tesla said.

China is the world’s top producer and consumer of electric vehicles, and Beijing is now seeking the lead in hydrogen-powered vehicles.

The internet giant’s Intelligent Driving Group will strive for ‘100 million yuan of revenue and 100 million yuan of profits’, unit head Wang Yunpeng writes in a letter to employees.

Beijing-based Li Auto has priced the new L6 SUV from 249,800 yuan (US$34,509) onwards, 5 per cent cheaper than Tesla’s popular Model Y.

Only a few dozen employees at the Gigafactory 3 in Shanghai were told to leave, representing a tiny portion of the workforce of 20,000 assembling Model 3 and Model Y vehicles, say two people with knowledge of the matter.

Ampace is betting on a boom in home energy storage systems and the ‘batterification’ of tools and electronic devices as it aims to solidify an already dominant position in a part of the market away from electric cars and smartphones.

Banma Network Technologies, an Alibaba-backed autonomous-driving software start-up, has replaced its CEO amid an overhaul.

Carmakers like Dongfeng, Chery and BYD are eyeing production sites in Europe to assemble the next generation of electric vehicles as a foil against the EU’s protectionist tariffs as a brutal price war at home drives more producers offshore in search of fresh markets.

Chinese state-owned carmaker Chery Automobile takes a step into Europe’s EV markets as its Omoda brand establishes a partnership with UK car rental company Octopus Electric Vehicles.

Spotlight Automotive, BMW’s 50-50 EV venture with mainland Chinese partner Great Wall Motor, is designing new models that it hopes to sell globally.

Huawei announced new versions of its Luxeed S7 electric sedan and a PC with AI built in, but people are still awaiting its next big smartphone launch since the Mate 60.

The Chinese electric vehicle maker has taken a significant step towards tapping the right-hand drive market after forming a partnership with Sime Darby Motors to distribute its cars in Hong Kong.

New-energy vehicles will make up about half of new car sales in China by 2030, as state incentives and expanding charging stations win over more customers, Moody’s Investors Service says.

Li Auto, Tesla’s nearest rival in mainland China, plans to start selling a new, more economical model aimed at families amid a price war in the country’s electric vehicle market.

Strong sales of smartphone vendor Xiaomi’s first electric car have exacerbated a price war in the sector that is squeezing the profit margins of most players in China.

Guangzhou-based Aion will partner with Jakarta-based carmaker Indomobil Group. Aion’s first Southeast Asia plant, in Thailand, is expected to start production this summer.

Tesla is the world’s largest maker of pure electric cars again after outselling its closest rival, BYD, during the first quarter of this year, according to data published by the companies.

Li Auto, Nio and Xpeng, China’s top three premium EV manufacturers, have reported a strong rebound in deliveries in March, while BYD said the sales of its pure electric and plug-in hybrids had surged as well.

The US giant raised the price of its Shanghai-made Model Y on Monday, bucking the trend set by a discount war that is squeezing the profit margins of most of its rivals in the world’s largest electric vehicle (EV) market.

Xiaomi off to a flying start in EV sector with its new SU7, which is priced to take on Tesla’s Model 3 in the competitive Chinese market.