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Continue reading Tesla Semis recalled over potential parking brake failure
Tesla Semis recalled over potential parking brake failure originally appeared on Autoblog on Fri, 31 Mar 2023 10:22:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsElon Musk last visited China in January 2020, when he showed off a dance during a delivery ceremony for Tesla's first China-made Model 3 vehicles. | TSLA.US
(A screenshot from a file video showing Tesla CEO Elon Musk gave a speech.)
Tesla CEO Elon Musk is planning a visit to China as early as April and is seeking a meeting with Chinese Premier Li Qiang, Reuters said in a report today, citing two people familiar with the matter.
Musk's visit will mark his first to China since the Covid-19 pandemic, the report noted.
The Tesla CEO's last visit to China was in January 2020, when he showed off a dance during the delivery of Tesla's first China-made Model 3 vehicles.
China is Tesla's second-largest market after the United States, and its Shanghai plant is the electric vehicle maker's largest production center, producing the Model 3 sedan as well as the Model Y crossover.
For the full year of 2022, the Chinese market contributed $18.1 billion in revenue to Tesla, or 22 percent of its $81.5 billion in total revenue, according to its 10-K filing with the SEC on January 31.
The US market contributed $40.6 billion, or 49.8 percent, to Tesla's revenue in 2022.
For the full year 2022, Tesla delivered 1,313,851 vehicles worldwide, up 40.38 percent from 935,950 in 2021.
The electric vehicle maker delivered 439,770 vehicles in China in 2022, contributing 33 percent of the year's deliveries, data monitored by CnEVPost show.
In January and February, Tesla delivered 26,843 vehicles and 33,923 vehicles in China, respectively, data from the China Passenger Car Association (CPCA) show.
Tesla's Shanghai plant exported 39,208 and 40,479 vehicles in January and February, respectively.
Tesla seeks to build new battery plant with CATL in US, report says
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Tesla's poster mentions "Supercharging," suggesting that the product could be its latest charging device. | TSLA.US
Tesla will launch a new product in China next week, information shared by the company on a social media platform shows.
Tesla China will see the addition of a new member in a 3-day countdown that will take on a special form, the electric vehicle (EV) maker said in a poster on its WeChat account today.
The poster mentions "Supercharging," suggesting that the product could be Tesla's latest charging device.
Earlier this month, Tesla's first V4 Supercharger went into service in Harderwijk, Netherlands.
The Tesla V4 Supercharger is taller than the V3 version and offers a longer charging cable, with the aim of being able to provide charging convenience for other models, as eventually, Tesla's charging network will be open to other brands of EVs.
Instead of the red and white color scheme of the V3, the V4 facility has a simpler black and white color scheme in terms of color paint.
For now, the Harderwijk Tesla V4 Supercharger is still operating on a pilot basis and is only open to Tesla models.
Tesla added three Supercharger stations in China in February, including 18 Superchargers, according to figures it announced earlier this month.
To date, Tesla has more than 1,100 Superchargers in the Chinese mainland, offering more than 8,400 Superchargers.
It also has more than 700 destination charging stations in the Chinese mainland, offering more than 1,800 destination piles.
Tesla Model Y ranks No. 2 in top-selling SUVs in China in Feb
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As with Ford's deal structure, Tesla would own and operate the plant while licensing technology from CATL, according to Bloomberg. | TSLA.US
(Image credit: CnEVPost)
Tesla is reportedly looking to build a new battery factory with CATL in the US, similar to the Chinese battery-maker giant's deal with Ford last month.
Bloomberg reported on the matter earlier today, saying Tesla discussed plans involving CATL with the US government.
Tesla representatives sought clarity on the Inflation Reduction Act rules that the US government is finalizing this week, and the company's senior director of global public policy Rohan Patel was among those involved in the discussions, according to the report.
Tesla hopes to build a plant wholly owned by it in partnership with CATL, similar to a deal Ford announced last month in Michigan, the report said.
Tesla is in expansion mode, deploying its $22 billion in cash to boost production and cut costs as it faces increasing competition, the report noted.
CATL produces lithium iron phosphate (LFP) batteries, a cheaper chemistry than the nickel-based batteries used in Western countries, and is key to the plan, the report said.
Tesla is considering building the battery plant in Texas to supply its electric vehicle assembly plant there, although the location has not been finalized, Bloomberg said, citing some people familiar with the matter.
As with Ford's deal structure, Tesla would own and operate the plant, while licensing technology from CATL, according to the report.
On February 13, Ford announced that it is investing $3.5 billion to build an LFP battery plant in Marshall, Michigan.
The plant, which is wholly owned by Ford, is the first battery plant to be wholly owned by a US automaker and will introduce LFP battery solutions for Ford's electric vehicle products.
The LFP battery plant is expected to start production in 2026 with an initial workforce of 2,500, Ford said last month.
The plant will have an initial design capacity of about 35 GWh per year and could supply power packs for about 400,000 Ford electric vehicles annually.
CATL is the world's largest maker of electric vehicle batteries, with a share far ahead of other peers.
CATL's installed battery volume in January-February was 25.5 GWh, up 34 percent from 19.0 GWh in the same period last year, according to data released yesterday by South Korean market research firm SNE Research.
The Chinese battery giant continues to rank No. 1 with a 33.9 percent share, the only global battery maker with a share of more than 30 percent.
Ford to build $3.5 billion LFP battery plant in Michigan with CATL's technology
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Filed under: Government/Legal,Green,Tesla,Car Buying,Electric
Continue reading Joe Manchin threatens to sue US Treasury over EV tax credit rules
Joe Manchin threatens to sue US Treasury over EV tax credit rules originally appeared on Autoblog on Thu, 30 Mar 2023 08:41:00 EDT. Please see our terms for use of feeds.
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Continue reading Hackers breach Tesla Model 3's infotainment system in minutes in competition
Hackers breach Tesla Model 3's infotainment system in minutes in competition originally appeared on Autoblog on Wed, 29 Mar 2023 09:13:00 EDT. Please see our terms for use of feeds.
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Continue reading NHTSA probes 50,000 Tesla Model X vehicles over front seat belt detachment
NHTSA probes 50,000 Tesla Model X vehicles over front seat belt detachment originally appeared on Autoblog on Tue, 28 Mar 2023 08:45:00 EDT. Please see our terms for use of feeds.
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Continue reading NHTSA probes 50,000 Tesla Model X vehicles over front seat belt detachment
NHTSA probes 50,000 Tesla Model X vehicles over front seat belt detachment originally appeared on Autoblog on Tue, 28 Mar 2023 08:45:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsNIO is on track to reach its guidance, with 9,199 vehicles registered in the past four weeks.
Insurance registrations for new energy vehicles (NEVs) in China continued to increase last week compared to the previous week, although the performance of major automakers was mixed.
For the week ending March 26, insurance registrations for all passenger vehicles in China were 400,400 units, up 37.64 percent year-on-year and up 29.02 percent from the previous week, according to information shared today by several auto bloggers on Weibo and WeChat groups.
Among them, the number of traditional internal combustion engine vehicles was 272,100, up 43.50 percent year-on-year and up 37.64 percent from the previous week.
Insurance registrations for NEVs were 128,300, up 26.63 percent year-on-year and up 13.89 percent from the previous week. This means that the penetration rate of NEVs was 32 percent last week.
BYD (OTCMKTS: BYDDY) NEVs registered 43,490 units last week, up from 38,414 units the week before. In the first and second weeks of March, BYD's numbers were 38,932 and 37,141 units, respectively.
Tesla (NASDAQ: TSLA) saw 15,886 units for the week, down from 18,712 units the week before. Insurance registrations for Tesla vehicles in China were 13,266 and 17,032 in the first and second weeks of March, respectively.
This means that over the past four weeks, Tesla vehicles have had 64,896 insurance registrations in China.
If Tesla vehicles register the same number of insurance units this week as last week, it may deliver a record number of vehicles in China in March, surpassing the 77,938 units delivered in June 2022.
Tesla has a factory in Shanghai that makes the Model 3 and the Model Y. Its pattern is to produce cars for export in the first half of the quarter and for the local market in the second half.
NIO (NYSE: NIO) vehicles had 1,909 insurance registrations last week, up from 1,775 the week before. The company's insurance registration figures for the first and second weeks of March were 3,345 and 2,170, respectively.
NIO guided earlier this month for first-quarter deliveries of between 31,000 and 33,000 vehicles, meaning that March deliveries are expected to be between 10,337 and 12,337.
NIO is on track to meet its guidance, with 9,199 vehicles registered for insurance in the last four weeks, although the first week of March included the last two days of February.
XPeng (NYSE: XPEV) vehicles had 1,564 insurance registrations last week, up from 1,296 the previous week. The number was 1,421 and 1,635 in the first and second weeks, respectively, for a four-week total of 5,916 vehicles.
XPeng previously guided for first-quarter vehicle deliveries of 18,000 to 19,000 units, meaning March deliveries are expected to be between 6,772 and 7,772 units.
Li Auto (NASDAQ: LI) vehicles saw 5,081 insurance registrations last week, down from 5,438 the week before. It posted figures of 3,222 and 4,243 for the first and second weeks of March, respectively, for a four-week total of 17,984 vehicles.
Li Auto guided for first-quarter deliveries of 52,000 to 55,000 vehicles, implying a year-on-year increase of 64.0 percent to 73.4 percent.
Li Auto's guidance of 52,000 to 55,000 vehicles for the first quarter implies March deliveries are expected to be 20,239 to -23,239 vehicles.
Neta had 2,934 insurance registrations last week, and its numbers for the first three weeks of March were 4,109, 988, and 515, respectively.
Zeekr was at 1,214 units last week, and that figure was 1,814, 1,043, and 913 units in the first three weeks.
China NEV insurance registrations for week ending Mar 19: BYD 38,414, Tesla 18,712, NIO 1,775
| Wk | BYD | Tesla | NIO | XPeng | Li Auto | BMW | Zeekr | Neta | Leapmotor | NEV | All |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/20-03/26 | 43,490 | 15,886 | 1,909 | 1,564 | 5,081 | 1,214 | 2,934 | 128,300 | 400,400 | ||
| 03/13-03/19 | 38,414 | 18,712 | 1,775 | 1,296 | 5,438 | 1,847 | 913 | 515 | 689 | 112,650 | 310,341 |
| 03/06-03/12 | 37,141 | 17,032 | 2,170 | 1,635 | 4,243 | 1,486 | 1,043 | 988 | 522 | 107,767 | 308,726 |
| 02/27-03/05 | 38,932 | 13,266 | 3,345 | 1,421 | 3,222 | 1,663 | 1,814 | 4,109 | 515 | 116,238 | 345,340 |
| 02/20-02/26 | 39,473 | 10,705 | 3,357 | 1,685 | 5,387 | 1,792 | 1,855 | 2,152 | 401 | 111,983 | 331,238 |
| 02/13-02/19 | 37,026 | 5,913 | 3,174 | 1,463 | 4,238 | 2,271 | 1,443 | 1,038 | 329 | 100,408 | 303,101 |
| 02/06-02/12 | 31,417 | 6,963 | 3,045 | 1,396 | 4,062 | 682 | 547 | 1,170 | NA | 85,572 | 280,741 |
| 01/30-02/05 | 24,280 | 8,643 | 1,948 | 975 | 2,240 | 593 | 554 | 3,964 | 114 | 69,692 | 267,843 |
| 01/23-01/29 | 5,280 | 3,356 | 427 | 210 | 990 | NA | 89 | NA | NA | 17,945 | 92,600 |
| 01/16-01/22 | 24,708 | 7,496 | 3,008 | 1,068 | 4,903 | NA | 657 | NA | NA | 67,500 | 330,400 |
| 01/09-01/15 | 40,420 | 12,654 | 2,963 | 1,817 | 4,527 | 2,687 | 1,359 | 420 | 237 | 99,041 | 438,000 |
| 01/02-01/08 | 35,924 | 2,110 | 2,818 | 1,551 | 3,704 | 2,103 | 1,511 | 238 | 80 | 77,000 | 290,000 |
The post China NEV insurance registrations for week ending Mar 26: BYD 43,490, Tesla 15,886, NIO 1,909 appeared first on CnEVPost.
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Filed under: Green,Weird Car News,Tesla,Ownership,Parts and Accessories,Electric
Continue reading Tesla's real wheel to replace the steering yoke sold out in a week
Tesla's real wheel to replace the steering yoke sold out in a week originally appeared on Autoblog on Mon, 27 Mar 2023 12:47:00 EDT. Please see our terms for use of feeds.
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