We already knew things were hopping for Tesla in China. Tesla-watchers predicted that Chinese sales would prove to be a big part of the company’s all-time record deliveries in Q3,and Elon Musk confirmed it at the shareholders meeting, announcing that Gigafactory Shanghai had surpassed the Fremont factory in production volume. (We also suspected that the… Read more »
Posts Tagged: China EV News
It now appears that Tesla has been selling EV regulatory credits on three continents, and ironically Volkswagen, the legacy automaker that seems to be the most serious about electrification, has emerged as the latest buyer. Tesla has made a tidy little side business out of selling EV credits to automakers that couldn’t (or chose not… Read more »
China will reinstate subsidies for electric car buyers as early as next month, Wang Chuanfu, the CEO of automaker BYD, told Reuters.