On Wednesday, the National Development and Reform Commission (NDRC) said buyers of electric cars for replacement purposes would receive a 20,000 yuan (US$2,728) cash award this year. Consumers who ...

was the world’s biggest seller of pure electric cars in the fourth quarter of 2024, as Tesla’s sales for the period fell short of expectations. Shenzhen-based BYD beat Austin, Texas-based ...

Shares in his company Tesla have plummeted more than 6 per cent after its closest rival reported record annual sales just shy of the American car giant’s. Leading Chinese electric car maker BYD ...

With 36.7% of Tesla's cars now heading to Chinese buyers, the world's largest EV market has become Tesla's lifeline. But here's the kicker: Tesla's export numbers out of China fell 24% ...

Police acknowledged the robust construction of the Tesla Cybertruck that limited damages in an explosion outside Trump International Hotel, Las Vegas. Sheriff Kevin McMahill praised Elon Musk for ...

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an issue that could be exacerbated by Trump’s push to rein in EV incentives. Tesla’s shares tumbled after the results, falling 6 per cent to $379.60 as of 10.36am in New York. The stock rose ...

In December, Tesla's China-made EV sales including exports to Europe and other markets edged down 0.4% from a year earlier to 93,766 units, according to data from the China Passenger Car ...

Elon Musk's electric car brand has seen the first drop in year-on-year sales since 2011 and it could be an early warning sign for EVs. "Trump will kill the EV subsidy they have over there and that's ...

Tesla sales for 2024 fell short of its 2023 ... But that was 1.1% below 2023 sales of 1.81 million as overall demand for electric vehicles in the U.S. and elsewhere slowed. The sales dip has ...

Tesla has recorded its first ever drop in annual sales amid growing competition from Chinese rivals and a global slowdown in growth of electric vehicle sales. The US car giant delivered 495,570 ...

Tesla delivered 1.81 million vehicles in 2023. A wave of competition in the EV space has put pressure on Tesla in recent years, with BYD thriving in China and Rivian, General Motors, and Ford ...