Tesla has implemented a new discount on Model 3 vehicles in China, the world’s biggest EV market, amid a worldwide demand slump for the automaker. We reported that Tesla’s sales in Europe were cut in ...
GM’s China business, primarily a joint venture with state-owned automaker SAIC Motor, is now losing the carmaker millions of dollars a quarter, as EV players like Elon Musk’s Tesla and local ...
South Africa is poised for Chinese investment in its US$27 billion automotive industry after the president signed a tax break for the production of so-called new-energy vehicles into law.
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