Author: Lei Kang/CnEVPost

BYD rolls out 4 models in Italy as it expands presence in European passenger car market

held a brand and product launch event in Italy, introducing the BYD Atto 3, Han, Dolphin and Seal to local consumers.

(Image credit: BYD)

BYD (OTCMKTS: BYDDY) has officially entered the Italian passenger car market, as it expands its presence in Europe.

The Chinese new energy vehicle (NEV) giant held a brand and product launch event in Italy on June 13, introducing the BYD Atto 3, Han, Dolphin and Seal to local consumers, according to a press release today.

Italy is an important European automotive market and holds a significant position in BYD's efforts to enter overseas markets, BYD said, adding that it introduced new energy commercial vehicles to Italy in 2013.

In the passenger car segment, BYD will work with a number of core local dealers, with the first five stores opening in cities including Milan, Turin and Florence, it said.

The Atto 3, BYD's first global model, is known in China as the Yuan Plus and is already available in multiple overseas markets.

At the Monza Motor Show in Milan, to be held in mid-June, the Atto 3 will be open to the Italian public for test drives, BYD said.

In the future, BYD will continue to increase its localization investment in the Italian market and expand its passenger car model matrix, the company said.

BYD, China's largest NEV maker, stopped production and sales of vehicles powered entirely by internal combustion engines last March to focus on plug-in hybrids and pure electric vehicles.

The company sold 240,220 NEVs in May, up 108.99 percent from 114,943 units a year earlier and up 14.23 percent from 210,295 units in April, according to figures it announced earlier this month.

In May, BYD sold 10,203 NEVs in overseas markets, down 31.19 percent from 14,827 units in April.

In Europe, BYD entered the passenger car markets including Germany, Sweden and Denmark last year and came into the UK in March this year.

BYD officially names F brand Fang Cheng Bao, initial model to be launched this year

The post BYD rolls out 4 models in Italy as it expands presence in European passenger car market appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Li Auto files for Li L9 variant without LiDAR

The price of the Li L9 without LiDAR could be at least RMB 40,000 less than the Li L9 Max at RMB 459,800.

(Image credit: CnEVPost)

When (NASDAQ: LI) launched its flagship SUV, the Li L9, a year ago, it was only offered in the Max variant. Now, a lower-priced version may not be far off from release.

China's Ministry of Industry and Information Technology announced on June 15 the latest batch of models that will soon be allowed to be sold, as well as details on configuration changes to some existing models, with a Li Auto model included in the latter.

The public can submit feedback between June 16 and June 25.

The model number for the Li Auto vehicle is LXA6520SHEVX4, which is the same as the model number in the previous filing for the Li L9.

In the model's latest filing, LiDAR becomes optional, while other information remains the same.

Li Auto's naming of its models is similar to Apple's naming of the iPhone, using Max, Pro, and Air to distinguish different versions of the same model.

On June 21, 2022, Li Auto launched the Li L9, the company's second model after the Li ONE SUV.

Li Auto founder, chairman and CEO Li Xiang mentioned the model name Li L9 Max at the end of the launch event at the time when announcing the price, implying that the company could launch other variants based on it in the future, a report by CnEVPost at the time noted.

The other two Li Auto models currently on sale are the Li L8 and Li L7, both offered in Max, Pro and Air versions, with only the Max version equipped with a roof-mounted LiDAR supplied by Hesai Technology.

Both the Max version of the Li L8 and Li L7 cost RMB 40,000 ($5,620) more than the Pro version, while the Pro version is RMB 20,000 more expensive than both Air versions.

This means that the Li L9 without LiDAR, which may be launched in the future, will cost at least RMB 40,000 less than the Max version at RMB 459,800.

The current Max version of Li Auto vehicles use two Qualcomm Snapdragon 8155 chips as the cockpit chip, while its assisted driving system is based on two Nvidia Orin X chips, with a total computing power of 508 TOPS.

The Li L8 Pro's cockpit uses two Qualcomm Snapdragon 8155 chips and uses one Horizon Robotics Journey 5 chip in the assisted driving system.

The cockpits of the Li L8 Air, Li L7 Pro, and Li L7 Air all use one Qualcomm Snapdragon 8155 chip for the cockpit and one Journey 5 chip for the assisted driving system.

Li Auto says confident it will outsell German luxury brands in China in 2024

 

($1 = RMB 7.1233)

The post Li Auto files for Li L9 variant without LiDAR appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Tesla starts offering insurance subsidies for car purchases in China again

From June 16 to June 30, Chinese consumers can receive an RMB 8,000 insurance subsidy if they purchase a rear-wheel drive version of the Model 3 that has already been produced.

(Image credit: CnEVPost)

(NASDAQ: TSLA) first started offering insurance subsidies in China last September, and cut its prices about a month later.

Now the electric vehicle (EV) maker is offering the subsidy again, but this time the situation may be more complicated.

From June 16 to June 30, Chinese consumers who buy and complete delivery of an already produced rear-wheel drive version of the Model 3 will be eligible for an insurance subsidy of RMB 8,000 ($1,120), according to a poster by Tesla on Weibo today.

Tesla has a factory in Shanghai that produces the Model 3 sedan and the Model Y SUV. The Model 3 is available in two versions -- a rear-wheel drive version and a dual-motor all-wheel drive Model 3 Performance, starting at RMB 231,900 and RMB 331,900 respectively.

For customized vehicles, the expected delivery dates for both versions of the Model 3 are 1-4 weeks, consistent with previous information on Tesla's China website.

In addition to the RMB 8,000 insurance subsidy, Chinese consumers who purchase the Model 3 rear-wheel drive version in stock now can also receive a loan option with a lower interest rate, Tesla's poster shows, without providing details.

On September 16, 2022, Tesla began offering subsidies for owners to purchase vehicle insurance in China after the wait times for Model 3 and Model Y custom vehicles saw multiple reductions in the previous two months.

At that time, the subsidy was valid from September 16 to September 30, and consumers who chose to purchase insurance in a Tesla store could receive a subsidy of RMB 8,000 for new Model 3 and Model Y vehicles.

On October 1, 2022, as the subsidy expired, Tesla extended it to the end of last year.

On October 24, 2022, Tesla cut the prices of the entire Model 3 and Model Y lineup in China, with the entry-level Model Y dropping below RMB 300,000 to take advantage of the then-available state subsidy.

It is worth noting that the latest move by Tesla may involve the upcoming launch of an improved version of the model.

On March 1, Reuters reported that Tesla was working to retool its Shanghai assembly plant for a revamped version of the Model 3, a project codenamed Highland by Tesla.

The Highland version of the Model 3 is expected to go into production in Shanghai in September, the Reuters report said, citing a person familiar with the matter.

With Highland, Tesla aims to cut production costs and boost the appeal of the electric sedan, which debuts in 2017, people involved in the project said.

On May 16, a Bloomberg report cited people familiar with the matter as saying that Tesla was nearing the final stages before starting trial production of its updated Model 3 sedan in Shanghai.

Tesla sold 42,508 units at retail in China in May, ranking third in the country's new energy vehicle market with a 7.3 percent share, according to data released by the China Passenger Car Association (CPCA) on June 9.

Model 3 retail sales in China in May were 11,454 units, up 189.97 percent year-on-year, but down 13.20 percent from April.

Model Y retail sales in China in May were 31,054 units, up 428.58 percent year-on-year and up 16.05 percent from April.

The Model Y was the best-selling SUV in China in May, ahead of the second-place Yuan Plus with 26,072 units and the third-place BYD Song Plus with 22,079 units.

Tesla Model Y best-selling SUV in China in May with 31,054 units sold

($1 = RMB 7.1301)

The post Tesla starts offering insurance subsidies for car purchases in China again appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Analysts expect 16% of heavy trucks sold in China to be electric by 2025

At present, 89 percent of the new energy heavy trucks are pure electric models, and half of them support battery swap.

(Image: Screenshot from a video)

China's electrification transition involves not only regular passenger cars, but heavy trucks as well.

By 2025, sales of electric heavy trucks in China are expected to reach 190,000 units, with a penetration rate of about 16 percent, said CITIC Securities analyst Yuan Jiancong's team in a research note today.

In China, the singularity for accelerated penetration of electric heavy trucks has arrived, with penetration expected to reach 35 percent by 2030, the team said.

The acceleration of new energy heavy truck penetration in China from 2021 onward was largely driven by China's restrictions on carbon emissions from high-emitting companies, according to the team.

In 2022, retail sales of new energy heavy trucks in China were 25,000 units, up 142 percent year-on-year, with a penetration rate of about 5 percent, CITIC Securities said, citing data from China Automotive Technology and Research Center (CATARC).

At present, 89 percent of new energy heavy trucks are pure electric models, and half of them support battery swap, according to the team.

Heavy-duty trucks have larger batteries and take longer to recharge at the same charging rate, and battery swap meets the efficiency requirements of these models, the team said.

From 2021 to 2022, the percentage of battery swap-enabled heavy-duty trucks ramped up, the team said, adding that they expect such electric heavy-duty trucks to become the industry's dominant product form in the near term.

On June 12, CATL unveiled Qiji Energy, a battery swap solution for heavy-duty trucks. Similar to the Chinese power battery giant's EVOGO solution for passenger cars released last year, Qiji Energy supports flexible use of the number of batteries.

With a capacity of 171 kWh in a single battery block, heavy trucks can choose to use 1-3 blocks, and the entire battery replacement process takes only a few minutes, CATL said.

In the vehicle-battery separation model, a heavy truck can save RMB 30,000 ($4,190) to RMB 60,000 in annual costs, CATL said.

CATL's move is expected to further boost the electrification of heavy trucks, CITIC Securities said in the research note today.

The penetration of electric heavy trucks is expected to accelerate in areas with higher requirements for range and economy, the team said.

The note also said that 's first electric heavy truck, the Semi, which began deliveries on December 2, 2022, has a range of 800 km at 37 tons fully loaded and has met the criteria for wide-scale commercial operation.

Electric heavy-duty trucks have shown good economic performance in both the US and China, and the Tesla Semi could help the industry grow more rapidly in the US, the team said.

In China, electric heavy-duty trucks will be adopted preferentially in the short term in scenarios including coal industrial parks, steel industrial parks, and sanitation trucks, driven by policy.

By 2025-2030, market forces will drive more growth in the sector as electric heavy trucks improve in economy and range, according to the team.

($1 = RMB 7.1551)

CATL launches battery swap solution Qiji Energy for heavy-duty trucks

The post Analysts expect 16% of heavy trucks sold in China to be electric by 2025 appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Buick to launch Electra E4 coupe SUV in China on Jun 19

Only about 2 months ago on April 13, Buick launched the Electra E5 SUV -- its first model based on GM's Ultium platform -- in China.

(Image credit: Buick)

General Motors' Buick brand is probably the most aggressive of the foreign brands when it comes to tapping into the Chinese electric vehicle (EV) market, with a second model coming two months after launching its first model based on the Ultium platform two months ago.

The Buick Electra E4 -- an all-electric coupe SUV -- will go on sale in China on June 19, the brand announced on its social media accounts yesterday.

Notably, Buick launched the Electra E5 SUV, its first model based on GM's Ultium platform, in China only about 2 months ago, on April 13.

Buick was already warming up for the Electra E4's launch earlier this month, sharing exterior images of the model as well as its core specs.

The Electra E4 entered the Chinese industry regulator's list of new models that will be allowed to be sold in China two months ago.

The model has a length, width and height of 4,818 mm, 1,912 mm and 1,581 mm, respectively, and a wheelbase of 2,954 mm, according to the regulatory filing dated April 11.

For comparison, Buick's first model based on the Ultium platform, the Electra E5, has a length, width and height of 4,892 mm, 1,905 mm and 1,655 mm, respectively, and a wheelbase of 2,954 mm.

The model has two power versions, the dual-motor version with a maximum output of 143 kW for the front motor and 68 kW for the rear motor. Its single-motor version has a front motor with a maximum output of 150 kW. The model supports a top speed of 180 km/h.

The Buick Electra E4 is powered by a ternary lithium-ion battery supplied by a joint venture between and GM's local car-making partner SAIC, with a 65-kWh pack for a CLTC range of 530 km in the standard range version and a 79.7-kWh pack for a CLTC range of 620 km in the long-range version.

Buick is one of the most aggressive in embracing the transition to electrification in the Chinese auto industry. It launched the Electra E5 on April 13, offering five versions with starting prices of RMB 208,900 ($29,100), RMB 222,900, RMB 225,900, RMB 239,900 and RMB 278,900, respectively.

On April 25, Buick announced that the Electra E5 received more than 8,000 orders after 12 days on the market.

On May 29, SAIC Motor, a joint venture between GM and SAIC, said the first deliveries of Electra E5 vehicles had begun, but did not announce the number of deliveries.

($1 = RMB 7.1780)

Buick begins delivery of Electra E5 electric SUV in China

The post Buick to launch Electra E4 coupe SUV in China on Jun 19 appeared first on CnEVPost.

For more articles, please visit CnEVPost.

China NEV retail sales in Jun 1-11 at 160,000, down 4% from same period last month, CPCA data show

From June 1 to June 11, retail sales of all passenger vehicles in China were 425,000 units, down 10 percent year-on-year and down 25 percent from the same period last month.

(Image credit: CnEVPost)

The Chinese passenger car market was weak in the first two weeks of June, while the new energy vehicle (NEV) market performed slightly better.

From June 1 to June 11, retail sales of passenger NEVs in China were 160,000 units, up 18 percent year-on-year but down 4 percent from the same period last month, according to data released today by the China Passenger Car Association (CPCA).

So far this year, China's retail sales of passenger NEVs were 2,581,000 units, up 39 percent year-on-year.

From June 1 to June 11, wholesale sales of passenger NEVs in China were 144,000 units, up 18 percent year-on-year and up 3 percent from the same period last month, according to the CPCA.

Wholesale sales of passenger NEVs so far this year were 2,927,000 units, up 45 percent year-on-year.

From June 1 to June 11, retail sales of all passenger vehicles in China were 425,000 units, down 10 percent year-on-year and down 25 percent from the same period last month, the CPCA said.

So far this year, cumulative retail sales of passenger cars in China were up 3 percent year-on-year to 8.057 million units.

This means that from June 1 to June 11, the penetration of NEVs at retail in China was 37.6 percent, and 32.03 percent so far this year.

In the first week of June -- June 1-4 -- the average daily retail sales of passenger cars in China were 31,000 units, down 9 percent from a year ago and 42 percent lower than the same period last month.

In the second week of June -- June 5 to 11- - average daily retail sales of passenger cars were 43,000 units, down 10 percent year-on-year and down 14 percent compared to the same period in May.

The decline in sales in early June was mainly due to a high base from last year brought about by stimulus policies.

On May 31, 2022, China announced a 50 percent reduction in vehicle purchase tax for passenger vehicles of 2.0 liter and below displacement with a purchase date between June 1, 2022 and December 31, 2022 and with a vehicle price not exceeding RMB 300,000 ($ 41,900).

Before the policy took effect, China's purchase tax rate for internal combustion engine (ICE) vehicles was 10 percent, while the purchase of NEVs was exempt from purchase tax.

The stimulus policy left car sales high at the beginning of June last year, while the same period this year was a normal sales time, so a decline in sales is natural, the CPCA said today.

The CPCA did not release sales figures for specific car companies, but shared some numbers yesterday.

Li Auto sold 11,900 units from June 1 to June 11, figures shared yesterday by the extended-range electric vehicle (EREV) showed. The company did not specify, though the figures are based on vehicle insurance registrations.

(NASDAQ: TSLA) sold 26,000 units in China from June 1-11, while (NYSE: NIO) had 2,800 and (NYSE: XPEV) had 2,200, according to Li Auto.

($1 = RMB 7.1573)

Data table: China auto sales in 1st 2 weeks of Jun

The post China NEV retail sales in Jun 1-11 at 160,000, down 4% from same period last month, CPCA data show appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Denza’s 1st SUV N7 surpasses 20,000 pre-orders ahead of official launch

The Denza N7 will hit the market later this month, with deliveries set to begin in July, targeting a market in the RMB 400,000 range.

(Image credit: CnEVPost)

's (OTCMKTS: BYDDY) premium new energy vehicle (NEV) brand Denza is gearing up for the launch of its first SUV, the Denza N7, and the model seems to be gaining good acceptance.

Pre-orders for the Denza N7 have already exceeded 20,000 units before specifications and pricing are announced, Zhao Changjiang, general manager of Denza's sales division, said at an event yesterday.

Fifty-five percent of these pre-order holders are vehicle owners of luxury brands including Mercedes-Benz, BMW and Audi, and 35 percent are existing owners of BYD and Denza, Zhao said, according to a report by local auto media Yiche yesterday.

On March 26, Zhao said there were many customers who want to get the Denza N7 launched as soon as possible, and the model is expected to get 30,000 orders before its mid-year launch based on inquiry volume data.

On the first day of the Shanghai auto show on April 18, Denza opened reservations for the N7, but its pricing information was not released.

Denza is a joint venture between BYD and Daimler established in February 2011, with each holding a 50 percent stake at the time, and the Daimler brand was rebranded as Mercedes-Benz in February 2022. BYD's stake in Denza increased to 90 percent last year, and Mercedes-Benz's stake decreased to 10 percent.

In August 2022, Denza let the D9 MPV go on sale, the brand's first model after the reorganization. The Denza N7 is the second model after Denza's shareholding reform and its first SUV.

On April 25, Denza said the N7 received 10,569 pre-orders, just seven days before reservations opened.

On May 30, Zhao said at Denza's first brand day event that the Denza N7 would go on sale in late June, with deliveries starting in July.

Earlier today, Zhao said on Weibo that he would be attending the rollout ceremony of the first Denza N7 production car later today.

(Image credit: Denza)

No pricing information has been released for the Denza N7, but Zhao said on Weibo last December 20 that the SUV aims to capture the market for traditional internal combustion engine cars priced around 400,000 yuan ($55,850).

The Denza N7 is a 5-seat midsize SUV with a length, width and height of 4,860 mm, 1,935 mm and 1,602 mm, respectively, and a wheelbase of 2,940 mm, a previous regulatory filing showed.

Denza's only model currently in delivery, the Denza D9, began deliveries at the end of October last year and sold 11,005 units in May this year, the third consecutive month with more than 10,000 units.

The average sales price of the Denza D9 exceeds RMB 420,000, Denza said on June 2. The MPV is now available in hybrid and all-electric versions, with a starting price range of RMB 335,800 to RMB 465,800.

($1 = RMB 7.1621)

Denza sales in May: 11,005

The post Denza's 1st SUV N7 surpasses 20,000 pre-orders ahead of official launch appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Voyah secures $2.1 billion in credit lines from 6 local banks

Voyah will raise a Series B round next and has plans for an initial public offering, its CFO said.

(A Voyah Zhuiguang on display at the Shanghai auto show. Image credit: CnEVPost)

Voyah, Dongfeng Motor's new energy vehicle (NEV) brand, has received RMB 15 billion yuan ($2.1 billion) in credit lines from six local banks, setting it up for future expansion.

Voyah held a signing ceremony for the partnerships with the Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, Bank of Communications, China CITIC Bank and China Merchants Bank.

Voyah will invest more in product development and marketing and launch more quality products, its CEO Lu Fang said, according to a press release.

The NEV maker has completed its Series A financing and will next raise Series B, Local media Shanghai Securities News quoted Voyah CFO Shen Jun as saying.

Voyah has plans for an initial public offering, and it will have more than 300 core employees holding shares, Shen said.

Voyah is the brand Dongfeng Motor announced in late 2020, when the first model, Voyah FREE, was also unveiled.

The Voyah FREE went on sale in China in June 2021 and is available in an extended-range electric vehicle (EREV) version as well as an all-electric version, with current starting prices of RMB 333,600 to 393,600 respectively.

On May 7, 2022, Voyah's second model, the Dreamer MPV, was launched with a starting price of RMB 369,900.

In November 2022, Voyah announced the completion of RMB nearly 5 billion Series A financing, valuing it at nearly RMB 30 billion.

On April 18 of this year, Voyah launched the Zhuiguang sedan on the first day of the Shanghai auto show, offering three versions with a starting price of RMB 322,900.

Voyah has had a lukewarm sales performance over the past two years, selling 3,003 vehicles in May, bringing combined January-May sales to 12,024 units.

For comparison, (NASDAQ: LI), which currently only offers EREVs, delivered 28,277 vehicles in May for a combined January-May total of 106,542 vehicles.

($1 = RMB 7.1631)

Voyah deliveries in May: 3,003

The post Voyah secures $2.1 billion in credit lines from 6 local banks appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Saudi Arabia signs $5.6 billion deal with Chinese EV maker Human Horizons

The deal accounts for over half of the more than $10 billion in investments signed on the first day of the Arab-China business conference in Riyadh on Sunday.

Saudi Arabia signs $5.6 billion deal with Chinese EV maker Human Horizons-CnEVPost

(Image credit: CnEVPost)

Chinese electric vehicle (EV) maker Human Horizons is planning to enter more countries despite the weak performance of its premium HiPhi brand in its home market.

Saudi Arabia's Ministry of Investment has signed a $5.6 billion deal with Human Horizons to cooperate in developing, manufacturing and selling cars, Reuters said in a report today, citing a statement from Saudi Arabia's state news agency.

The agreement accounts for more than half of the more than $10 billion in investments signed on the first day of the Arab-China business conference in Riyadh on Sunday, the report noted.

Saudi Arabia has been pushing for increased investment in non-oil sectors as part of its diversification agenda. Part of its plan is to develop domestic EV manufacturing, the report said.

Human Horizons unveiled the HiPhi X, the first model of the HiPhi brand, in October 2020, and deliveries of the model began in China in May 2021.

The HiPhi X starts at RMB 570,000 ($79,820) for the six-seat version and up to RMB 800,000 for the four-seat version.

In August 2022, Human Horizons officially launched its second model under the HiPhi brand, the HiPhi Z. The model is available in five-seat and four-seat versions with starting prices of RMB 610,000 and 630,000 respectively, and deliveries began at the end of January this year.

In February, HiPhi's third model, the HiPhi Y, appeared on one of the Chinese industry regulator's filing list. The model has not yet been officially launched, although late last month a HiPhi executive hinted that the model's starting price is expected to be RMB 369,000.

Sales of HiPhi models have been weak in China, never making into the monthly sales rankings published by the China Passenger Car Association (CPCA).

On March 31, Reuters quoted a Human Horizons executive as saying the company would launch the HiPhi brand in select European markets later this year.

($1 = 7.1411 RMB)

Chinese EV startup Enovate to build production base in Saudi Arabia with annual capacity of 100,000 units

The post Saudi Arabia signs $5.6 billion deal with Chinese EV maker Human Horizons appeared first on CnEVPost.

For more articles, please visit CnEVPost.

Tesla says rumors that FSD will start pilot run in Shanghai untrue

There were rumors over the weekend that FSD would be running in Shanghai on a pilot basis, but this was denied.

(Image credit: CnEVPost)

Rumors over the weekend that Tesla's FSD (Full Self-Driving) will start a pilot run in Shanghai have been denied.

"The information is not true," local media outlet Cailian said in a brief report today, citing a response from Tesla China about the rumors.

On May 12, a Shanghai official said the city would further deepen its cooperation with Tesla and promote the electric vehicle (EV) maker's self-driving and robotics businesses in Shanghai.

Shanghai will work with Tesla to build a technology industry cluster with core technology advantages for the global market, Chen Kele, deputy director of the intelligent manufacturing promotion division at Shanghai Municipal Commission of Economy and Informatization, said at the time.

Chen did not directly mention Tesla's FSD at the time, although it was the first hint of support from Chinese officials for Tesla's software.

Before that, local media outlet Caixin said in an April 3 report that Tesla was about to begin widespread testing of FSD in China.

All Tesla vehicles currently come with the free Basic Autopilot (BAP) software. In addition, Tesla also offers Enhanced Autopilot (EAP), FSD software as an option.

EAP and FSD cost $6,000 and $15,000 in the US, and RMB 32,000 ($4,480) and RMB 64,000 in China, respectively.

On June 9, CITIC Securities analyst Lian Yixi's team said that the trend of Tesla FSD entering China is becoming clearer, which is expected to accelerate the intelligent process of local EVs.

However, this is still facing two major problems from becoming a reality -- data collection qualification and supercomputing centers, according to the team.

Also on June 9, Tesla CEO Elon Musk said on Weibo, the Chinese equivalent of Twitter, that the company would be happy to license Autopilot/FSD or other Tesla technology.

This is the first mention of FSD on Musk's Weibo account since 2021, although the account appears to be managed by Tesla's team in Beijing. The Tesla CEO visited China earlier this month and met with several top Chinese officials.

($1 = RMB 7.1452)

Analysts list 2 major issues Tesla must address before bringing FSD to China

The post Tesla says rumors that FSD will start pilot run in Shanghai untrue appeared first on CnEVPost.

For more articles, please visit CnEVPost.

driive.com
All about Smart and Sustainable Mobility

Archives

May 2024
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031