Author: Phate Zhang

Tesla offers $1,110 discount on some Model Y stock cars in China

In addition to offering cash discounts on select Model Y stock vehicles, Tesla is also allowing customers to get paid paint for RMB 2,000 that would otherwise sell for RMB 8,000 or RMB 12,000.

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Xiaomi to begin mass production of its 1st EV model in Feb, output expected to reach 10,000 in Jul, report says

Xiaomi EV plans to see production of the SU7 reach around 2,000 units in March and complete capacity ramp-up by mid-2024, according to local media.

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Chinese lithium producers expect net profit to plunge in 2023 on falling lithium prices

Lithium producers including Ganfeng and Tianqi expect their net profits in 2023 to be much lower than in 2022, with the common reason being a sharp drop in lithium prices.

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