Category: Tesla

Shanghai official hints at support for Tesla’s FSD rollout in China

Shanghai will further deepen its cooperation with Tesla to promote the EV maker's businesses including self-driving and robotics in the city, a local official said.

Shanghai official hints at support for Tesla's FSD rollout in China-CnEVPost

(Image credit: CnEVPost)

Tesla's FSD (Full Self-Driving) may be getting closer to being available in China.

Shanghai will further deepen its cooperation with Tesla to promote the electric vehicle (EV) maker's businesses including self-driving and robotics in the city, a local official said.

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

Tesla's factory in Shanghai received a tour by local media today, and Chen mentioned this during a media briefing, according to The Paper.

Chen did not directly mention Tesla's FSD, but it was the first hint of support from a Chinese official for Tesla's FSD software.

Tesla, despite being a pioneer among EV companies in exploring autonomous driving, has been seen as slow to move in the area in China.

The EV maker is about to begin wide-scale testing of FSD in China, local media outlet Caixin said in an April 3 report.

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

EAP and FSD cost $6,000 and $15,000 respectively in the US and RMB 32,000 ($4,600) and RMB 64,000 respectively in China.

Tesla has made a positive contribution to the construction of a world-class automotive industry center in Shanghai, supporting the city's steady industrial economic growth, Chen said at today's event.

Tesla produced 727,000 vehicles in 2022, up 49.7 percent year-on-year, with an industrial output value of RMB 183.9 billion, Chen said, adding that this represents 23 percent of Shanghai's auto manufacturing output, driving industrial output growth by 1.3 percentage points.

($1 = RMB 6.9498)

Tesla reportedly to begin large-scale testing of FSD in China

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Baillie Gifford trims holdings in NIO, Tesla slightly in Q1

Baillie Gifford trimmed its holdings in NIO and Tesla by 0.77 percent and 2.83 percent, respectively, in the first quarter, but the value of its holdings in them rose.

Baillie Gifford held 120,132,616 shares of NIO's US-traded ADRs at the end of the first quarter, according to a 13F filing posted on the SEC's website on May 3.

That's down 926,459 shares, or 0.77 percent, from 121,059,075 at the end of the fourth quarter, CnEVPost's calculations show.

During the fourth quarter of last year, Baillie Gifford's position in NIO increased by 24,277,897 shares or 25.09 percent.

Baillie Gifford's holdings in NIO were worth $1.26 billion at the end of the first quarter, up 6.97 percent from $1.18 billion at the end of the fourth quarter.

NIO rose 7.79 percent in the first quarter after it fell 38 percent in the fourth quarter of last year.

In addition to reducing its position in NIO slightly, Baillie Gifford also reduced its holdings in Tesla slightly in the first quarter.

At the end of the first quarter, the fund held 26,054,483 shares of Tesla, down 759,855 shares, or 2.83 percent, from 26,814,338 shares in the fourth quarter of last year.

However, Baillie Gifford's holdings in Tesla were worth $5.4 billion at the end of the first quarter, up 63.65 percent from $3.3 billion in the fourth quarter of last year, due to a big jump in Tesla's stock price in the first quarter.

Tesla rose 68.42 percent in the first quarter after it fell 59 percent in the fourth quarter of last year.

Baillie Gifford previously held (NASDAQ: LI), but liquidated its position in the extended-range electric vehicle (EREV) maker in the fourth quarter of last year.

As of March 31, Baillie Gifford did not own Li Auto, (NYSE: XPEV) or BYD (OTCMKTS: BYDDY) shares.

NIO asks its community for advice on pricing of new ES6

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Tesla recalls over 1.1 million vehicles in China, will provide fixes via OTA

This article is being updated, please refresh later for more content.

Tesla recalls over 1.1 million vehicles in China, will provide fixes via OTA-CnEVPost

Tesla is conducting its biggest recall in China in its history, albeit one that was caused by a software setting and can be fixed via OTA.

Effective May 29, 2023, Tesla is recalling a total of 1,104,622 imported Model S, Model X, Model 3 and China-made Model 3, Model Y vehicles with production dates between January 12, 2019 and April 24, 2023.

The vehicles included in the recall do not allow the driver to select an energy recovery braking strategy, according to a statement from China's State Administration for Market Regulation (SAMR).

Also, the driver may not have been provided with sufficient warning of prolonged deep depression of the accelerator pedal.

The combination of the above factors may increase the probability of misusing the accelerator pedal for a long period of time, which may increase the risk of a collision and present a safety hazard.

Tesla plans to push newly developed features for vehicles covered by the recall through OTA updates to reduce the risk of crashes caused by excessive speed due to prolonged deep pressing of the accelerator pedal.

The new features include (1) an option to allow drivers to select energy recovery braking intensity on vehicles that do not have energy recovery braking intensity selection, (2) adjustment of the factory default state of the vehicle's energy recovery braking strategy, and (3) an alert when the driver depresses the accelerator pedal deeply for an extended period of time.

Fatal accident puts Tesla in spotlight in China

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Tesla Apr sales breakdown in China: Model 3 at 13,196 units, Model Y 26,760

From January to April, the Model Y sold 121,407 units, making it the second-best-selling new energy SUV in China during this period.  |  TSLA.US

Tesla Apr sales breakdown in China: Model 3 at 13,196 units, Model Y 26,760-CnEVPost

Tesla's retail sales in China in April included 13,196 Model 3 electric sedans and 26,760 Model Y electric crossovers, according to data released today by the China Passenger Car Association (CPCA).

Tesla Apr sales breakdown in China: Model 3 at 13,196 units, Model Y 26,760-CnEVPost

Tesla Apr sales breakdown in China: Model 3 at 13,196 units, Model Y 26,760-CnEVPost

Figures released earlier this month by the CPCA show that Tesla sold 75,842 China-made vehicles in April, including 35,886 units exported.

That means Tesla delivered 39,956 vehicles in China in April, with 47.32 percent of the vehicles produced at the Shanghai plant being exported.

The US electric vehicle maker's plant in Shanghai currently only produces the Model 3 as well as the Model Y. Including exports, the two models sold 26,783 and 49,059 units in April, respectively, according to the CPCA.

Today's figures mean that Tesla's Shanghai plant exported 13,587 China-made Model 3s and 22,299 China-made Model Ys in April.

In China, Model Y sales in April were up 2,687.50 percent from 960 units in the same month last year, but down 51.29 percent from 54,937 units in March.

Model 3 sales in China in April were up 2,290.58 percent from 552 units a year ago, but down 39.26 percent from 21,726 units in March.

These changes are due to the fact that Tesla's sales in China fell sharply last April due to the Covid lockdown in Shanghai, and its pattern of producing vehicles primarily for export in the first half of each quarter.

In the rankings released today by the CPCA, the Model Y was the third best-selling new energy SUV in April.

Tesla Apr sales breakdown in China: Model 3 at 13,196 units, Model Y 26,760-CnEVPost

BYD Song and BYD Yuan Plus were the top 2 best-selling new energy SUVs in April with 33,007 and 28,931 retail sales, respectively.

From January to April, the Model Y sold 121,407 units, up 60.5 percent year-on-year, and was the second best-selling new energy SUV during this period, according to the CPCA's rankings.

The BYD Song was the top-selling new energy SUV from January to April, with 174,422 units, up 83.0 percent year-on-year.

Among the top 10 new energy sedans in April, the Tesla Model 3 came in at No. 7, while NIO's (NYSE: NIO) ET5 sedan failed to make the list.

Tesla Apr sales breakdown in China: Model 3 at 13,196 units, Model Y 26,760-CnEVPost

Among the top retail sales of new energy sedans from January to April, the Tesla Model 3 ranked No. 5, while the BYD Qin ranked No. 1 with 130,602 units.

Tesla Apr sales breakdown in China: Model 3 at 13,196 units, Model Y 26,760-CnEVPost

Tesla hikes Model 3, Model Y prices slightly in China

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Tesla delivers 39,956 vehicles in China in Apr, exports 35,886 units from Shanghai plant

Including exports, China-made Model 3 and Model Y sales in April were 26,783 and 49,059 vehicles, respectively, according to the CPCA.  |  TSLA.US

Tesla delivers 39,956 vehicles in China in Apr, exports 35,886 units from Shanghai plant-CnEVPost

Tesla (NASDAQ: TSLA) sold 75,842 China-made vehicles in April, including 35,886 units exported, according to data released today by the China Passenger Car Association (CPCA).

This means that Tesla delivered 39,956 vehicles in China in April, with 47.32 percent of the vehicles produced at the Shanghai plant being exported.

Tesla delivers 39,956 vehicles in China in Apr, exports 35,886 units from Shanghai plant-CnEVPost

By comparison, Tesla delivered just 1,512 vehicles in China last April, when none were exported, due to the Covid lockdown in Shanghai.

The US electric vehicle maker's factory in Shanghai currently produces only the Model 3 and the Model Y. Including exports, the two models sold 26,783 and 49,059 units in April, according to the CPCA.

The breakdown figures of Model 3 and Model Y sales in China are expected to be available in a few days.

Tesla delivers 39,956 vehicles in China in Apr, exports 35,886 units from Shanghai plant-CnEVPost

Retail sales of new energy vehicles (NEVs) in China in April were 527,000, with 370,000 battery electric vehicles (BEVs) sold, according to the CPCA.

This means that Tesla's share of the NEV market in China in April was 7.58 percent and its share of the BEV market was 10.80 percent. These two figures were 14.12 percent and 20.02 percent respectively in March.

Tesla delivers 39,956 vehicles in China in Apr, exports 35,886 units from Shanghai plant-CnEVPost

It is worth noting that Tesla's model is to produce cars for export in the first half of the quarter and for the local market in the second half.

Tesla slightly raised the prices of all its available models in China earlier this month, which the CPCA believes will be helpful in boosting sales.

Tesla's price increase is a good signal to dispel the wait-and-see mentality of consumers who are overly expecting price cuts, the CPCA said in a report today.

On May 2, the prices of the Model 3 and Model Y were all raised by 2,000 yuan ($290) in China, an increase of less than 1 percent.

On May 5, prices for the full lineup of the new Model S and Model X, which are not manufactured in China, were all raised by RMB 19,000.

(1 $= RMB 6.9274)

Tesla hikes Model 3, Model Y prices slightly in China

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Labor Day holiday: How do NIO, Tesla and Li Auto’s user travel reports compare?

Between April 28 and May 4, NIO owners drove a total of about 140 million km and 4.48 million hours.

(Image credit: CnEVPost)

Only a few electric vehicle (EV) makers, including NIO (NYSE: NIO), have previously published reports on their owners' travel data during the holiday season. Now, more and more players are doing so.

This year's Labor Day holiday in China ran from April 29 to May 3. As the holiday ended, several EV makers, including NIO, (NASDAQ: TSLA), (NASDAQ: LI), , and Denza, released their data.

NIO

Between April 28 and May 4, NIO owners accumulated about 140 million kilometers and drove about 4.48 million hours, according to an article posted Saturday on the company's mobile app.

By traveling in purely electric vehicles, NIO users' trips during the holiday equated to a reduction of 9,211 tons of carbon emissions, according to the company.

The largest number of users traveling in NIO vehicles came from Shanghai, followed by Hangzhou and Beijing. Among their travel destinations, Shanghai's neighboring city of Suzhou, Jiangsu, ranked first, followed by Jiaxing, Zhejiang, and Shaoxing, Zhejiang.

NIO users traveled a total of 18.1 million kilometers with assisted driving feature and used it for 226,143 hours, according to the article.

The total mileage of NIO's Navigate on Pilot (NOP) system was 6.3 million kilometers, and the more powerful NOP+ was 4.34 million kilometers.

NIO's battery swap stations provided 432,191 services during this period, with a maximum of 68,748 services in a single day.

The battery swap stations along the highways provided 138,552 free services, saving vehicle owners 104,087 hours of highway travel time, according to NIO.

These stations along highways saw a peak of 23,632 services on May 2.

NIO's 15,137 charging piles accumulated 315,455 services during that holiday, with 79.5 percent of those deliveries going to other brands of electric vehicles.

By the end of April, NIO had accumulated 327,255 deliveries.

Tesla

Between April 29 and May 3, Tesla owners drove 170 million kilometers by using the EV maker's charging network in China, it said on Weibo yesterday.

That mileage represents a carbon reduction of 10,860 tons, Tesla said.

Tesla's Supercharger stations in China are available to owners 24 hours a day and maintain an availability rate of more than 99 percent throughout the year, it said.

To date, Tesla has more than 5,000 Supercharger stations worldwide. The company has more than 1,600 Supercharger stations in the Chinese mainland, offering more than 10,000 Superchargers.

Tesla also has more than 700 destination charging stations in the Chinese mainland, offering more than 2,000 charging piles, it said.

Li Auto

Between April 29 and May 3, Li Auto owners racked up 144 million kilometers, the company said in a WeChat post on Saturday.

Of the total, 72.29 million kilometers were powered by gasoline, up 147 percent from regular days and 372 percent from the holiday last year.

Battery-powered mileage was 71.78 million kilometers, an increase of 11.9 percent over regular days.

Li Auto owners visited 368 cities during the holiday, with the most popular cities being Chengdu, Hangzhou and Shanghai.

Li Auto's AD assisted driving system drove a total of 16.47 million kilometers, or 11 percent of the milage driven.

More than 36 percent of owners of the company's discontinued Li ONE used assisted driving, and 53 percent of owners of the currently available L series used assisted driving, according to the company.

More than 69,000 owners used the more powerful navigation-assisted driving feature and drove more than 7.8 million kilometers, an increase of 186 percent compared to the usual rate.

Li Auto owners used the company's charging map to find charging piles and charge more than 680,000 kWh using fast charging.

Li Auto's supercharging stations began trial operations on April 20, with seven stations charging more than 1,000 NEVs, covering several major brands including BYD and Tesla, the company said.

By the end of April, Li Auto's cumulative deliveries stood at 335,599 units.

Zeekr

Between April 28 and May 4, Zeekr owners accumulated 54.1 million kilometers, with the longest traveled vehicle covering 5,481 kilometers, according to an article published by the company yesterday.

Eighty-seven percent of Zeekr owners drove less than 1,000 kilometers in that period, 11.2 percent drove between 1,000 and 2,000 kilometers, and 1.53 percent drove between 2,000 and 3,000 kilometers.

Zeekr owners used nearly 3.7 million kWh of energy from the company's charging piles on its charging map, and to date, Zeekr has built nearly 690 of its own charging stations, covering more than 120 cities in China.

As of the end of April, Zeekr's cumulative deliveries stood at 101,283 units.

Denza

Between April 29 and May 3, Denza D9 owners drove a total of 11.12 million kilometers and logged 292,974 hours, it said in an article published Saturday.

Of that total, 4.92 million kilometers were driven on fuel and 6.2 million kilometers on electric power.

Denza D9 owners have used assisted driving system a total of 32,493 times during the period, according to the article.

Denza currently has only one model, the D9 MPV, on sale, and it already started pre-sales of the new SUV N7 at the Shanghai auto show last month.

As of the end of April, Denza's cumulative deliveries since the rebranding stood at 44,491 units.

NIO sees over 430,000 battery swap services during Labor Day holiday in China

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