Why electric cars are getting pricier while batteries get cheaper — Quartz
Since 2012, the lithium-ion batteries that power electric cars have gotten about 80% cheaper. But electric vehicles have gotten 85% more expensive.
Source: qz.com
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Tesla's second assembly line near Shanghai Gigafactory to add 450,000 units of annual capacity
Tesla’s new Shanghai plant near the existing Gigafactory will increase annual capacity by another 450,000 units, making it the ‘largest export hub’.
Source: scmp.com
Electric cars: Nio starts trial production of smart EV that could challenge Tesla's Model 3 as it races to gain edge over rivals in China
The Shanghai-based carmaker said its new US$7.6 billion NeoPark, in Eastern China, had started sample production of the ET5, its latest model, which is expected to hit the mainland market in September.
Source: scmp.com
Tesla proves dominance in the EV market with a 75 percent market share
Tesla once again proved itself as the biggest player in the electric vehicle industry as the company's market share in the first quarter of the year was announced at 75 percent.
Source: interestingengineering.com
Tesla's half-idle Shanghai factory exposes strain in China's commercial hub as Covid-19 lockdown enters fourth week
Tesla’s Shanghai factory is assembling 1,000 vehicles a day – just half of its output before the city’s latest Covid-19 outbreak – after resuming work this week
Source: scmp.com