Tesla’s China deals concerns chair of US Congressional Committee

By Maria Merano Posted on April 10, 2023 The chair of a U.S. Congressional Committee expressed concern over Tesla’s alleged dependency on China.  Tesla Giga Shanghai has contributed significantly to the Texas-based automaker for a few years. Tesla recently announced another factory in China dedicated to producing Megapack units. “I’m concerned about this,” said Mike Gallagher, a …

Tesla China competitor BYD sells 552,076 NEVs in Q1 2023

By Maria Merano Posted on April 3, 2023 Tesla Giga Shanghai’s main competitor in China, BYD, sold 552,076 new energy vehicles (NEVs) in the first quarter of 2023. BYD’s NEV sales are up 92.81% year-over-year, but down 19.22% compared to Q4 2022.  In January 2023, BYD sold approximately 151,341 NEVS. While in February, the Chinese …

Tesla China sees 1k Model 3 reservations daily after Labor Day celebration

By Joey Klender Posted on May 6, 2020 Tesla’s demand for its Model 3 sedan in China is not slowing down. Reports out of China from the state-run Xinhua News Agency stated that Model 3 orders are exceeding 1,000 units per day following the country’s Labor Day holiday. The news of the steady orders of …