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Elon Musk responds to Tesla-BYD 2023 Q4 production comparison

Teslarati

Tesla CEO Elon Musk has responded to the comparisons being drawn by various media outlets regarding his company and high-powered Chinese rival BYD, which outpaced Musk’s company in terms of production of electric vehicles in the fourth quarter of 2023.

BYD 132
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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

How Electrifying Transport and Chinese Investment are Playing Out in Indonesia —focuses on nickel as a critical mineral, but has implications for the broader minerals and materials supply chains needed for broad-scale energy transition. This surge occurred mostly in China, driven by steel manufacturing.

China 416
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Tesla price cuts in China drop competitor sales by as much as 60%

Teslarati

Tesla’s price cuts in China dropped sales of competing domestic electric vehicle makers Nio, Li Auto, and Xpeng by as much as 60 percent in January. Nio, Li Auto, and Xpeng all showed significant drops in both monthly and year-over-year sales comparisons in January after Tesla stroked demand by dropping prices by as much as 13.5

China 137
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EU’s anti-subsidy EV probe prompts retaliation from China

Teslarati

The European Commission’s anti-subsidy probe into electric vehicle (EV) imports from China prompted a retaliation from the Chinese government. The Chinese government launched a trade probe into luxury liquor producers from Europe. The volume of Chinese EVs at the event caught the eye of the European Commission.

China 84
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Canada most recent country to consider tariffs on China-made EVs

Teslarati

Canada is now mulling the possibility of placing tariffs on China-made electric vehicles, becoming the most recent country to consider a potential tax on EVs that come from the world’s largest automotive market. Canada is now considering adding tariffs to those vehicles that are imported from China. I’d love to hear from you!

Canada 75
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Tesla (TSLA) drops on bad Chinese delivery numbers that mean nothing

Baua Electric

It’s not clear why, but some are suggesting bad Chinese delivery numbers are to blame. China is the world’s biggest auto market and by far the biggest EV market. Tesla has heavily relied on the Chinese market for growth in recent years. So the year-over-year comparison is not valuable this year.

Chinese 52
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BYD’s $10,000 Seagull EV was the top-selling car in China last month

Baua Electric

BYD’s cheapest electric car, the Seagull, was the top-selling car in China last month, with nearly 41,000 models sold. BYD’s Seagull was China’s top-selling vehicle in August BYD has been on a roll, launching lower-priced, updated models of its best-selling models. The Seagull is already sitting atop the sales charts in China.

China 52