EV

On March 6, Shanghai Kuaibu New Energy Technology Co., Ltd. was established. Fujian Baicheng New Energy Technology Co., Ltd. holds 51% of shares, and Contemporary Amperex Technology (CATL), China's largest automotive lithium-ion battery maker, holds the remaining 49% of shares.

Although Tesla's technology is commendable, the manufacturing process is not commendable, and Business Insider cited some Tesla employees (including those who have left and are still working titles).

China's passenger car sales in February 2020 fell 78.5% year-on-year and Nio's deliveries also fell 12.8% year-on-year.

Tesla was required to make corrections immediately to ensure production consistency and product quality and safety overs issues concerning "chip downgrade" on China-made Model 3s.

Tesla plans to increase its production capacity for certain car parts at its Shanghai factory, according to a document seen by Reuters,

Tesla CEO Elon Musk has just tweeted that he congratulates the Tesla team for making the 1 millionth car.

Official pictures of BYD Han interiors have now been released, using a new design language with classic red and black color schemes.

Tesla's delivery in February was not significantly affected by the new coronavirus outbreak.

At present in the domestic pure electric car market, Tesla Model 3 leads the domestic manufacturers with absolute strength. However, with the continuous efforts of domestic manufacturers in the electric vehicle industry, this situation will soon usher in change.

After Tesla surpassed BYD in global new energy vehicle sales last year, Tesla is currently taking the position of China's new energy vehicle production champion from BYD.