Electric Car

Tesla's in-car system was updated in June with a version that allows the driving visuals to show more objects, including stoplights, stop signs and selected road markings.

Chinese EV company Nio will receive a credit line of over 10 billion yuan ($1.4 billion) from six banks, according to Sina News.

Domestic and foreign car companies, including BYD, Volkswagen, Toyota and others, have been building new energy vehicle projects in China. So how many new energy car companies are there in China?

China-made Model 3 sales in June were 14,954 units, up 35 percent from the previous month, according to China Passenger Car Association (CPCA).

Nio shares increased by 23.95% to $11.62 in early trading on Monday after the company reported that it delivered 10,331 vehicles in the second quarter, exceeding its previous expectations.

Recently a Model 3 in China crashed into a truck while on autopilot, drawing widespread attention. In respond to this Tesla China gave their explanation. 

Tesla has opened up reservations for the Cybertruck, an electric pickup, in China for a deposit of 1,000 yuan ($141), slightly more than the $100 reservation fee in the United States.

Chinese EV maker Li Auto will go public in the U.S. as early as July, with underwriters including Morgan Stanley and UBS, 36Kr said, citing sources with knowledge of the matter.

Tesla today lowered the starting price of the Model S and Model X in China both by 8,000 yuan (USD 1,132).

Tesla extended its pre-market gains to 9 percent in the U.S., reaching a total market cap of $228 billion.