The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota's premium Lexus brand.

The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did the same in 2019.

Tesla and Xpeng are offering rebates on car insurance and loans in February in response to BYD’s price cut in December.

Tesla (NASDAQ: TSLA) is ramping up incentives in China, offering an 8,000 yuan ($1,103) insurance subsidy for new Model 3 ...

Tesla Inc researcher Troy Teslike now expects Tesla to start shipping Model Ys from its gigafactory in Berlin after Canada ...

CFP. The construction of Tesla's Shanghai Megapack energy storage plant was completed at the end of 2024 after just seven mon ...

Toyota wants to establish a new wholly-owned subsidiary for the development and production of BEVs and batteries in the ...

Elon Musk's net worth has declined since Donald Trump took office, primarily due to the impact of new tariffs on his ...

Datashows that NEV penetration reached 47.6% in 2024. However, behind this disruptor’s celebration lies an undercurrent of challenges. The entire industry is undergoing a baptism of fire and ice. Is ...

Tesla's fourth-quarter and full-year earnings day is here — a highly anticipated report that is expected to be released after ...

Tesla CEO Elon Musk announced during the earnings call for the latest quarterly results that his company intends to launch its long-awaited Robotaxi service ...