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Tesla’s China sales surge to 2026 high, but rivals crowd the rear-view mirror

Tesla’s China sales surge to 2026 high, but rivals crowd the rear-view mirror Tesla’s China sales rebounded in May on financing incentives and stronger demand, but local competitors are gaining momentum The factory in Shanghai’s Lingang free-trade zone delivered 85,982 Model 3 and Model Y vehicles last month, up 39.4 per cent from a year earlier and 8.2 per cent from April, according to Tesla China. The figure includes deliveries to customers in mainland China as well as exports to overseas...

South China Morning Post 7d ago

Tesla's China-made EV sales jump nearly 40% in May as domestic market rebounds

Sales of Tesla's China-made electric vehicle rose by nearly 40% in May amid a broader recovery in the country's EV market. The automaker in May delivered 85,982 new energy vehicle units from its Shanghai Gigafactory — where it produces Model 3 and Model Y units for China and several overseas markets — according to preliminary data published Tuesday by the China Passenger Car Association. That's a 39.4% year-on-year increase over the same period in 2025.

CNBC 7d ago

China’s EV giants challenge Tesla in race to commercialise humanoid robots

China’s EV giants challenge Tesla in race to commercialise humanoid robots After years of competing with Tesla in electric vehicles and self-driving technology, Chinese manufacturers are targeting humanoid robots Chinese electric vehicle (EV) makers are opening a new front in their battle with Tesla: humanoid robots. The push is expected to strengthen China’s position as a global manufacturing powerhouse for next-generation mobility and robotics, an area increasingly seen as the next major...

South China Morning Post 2d ago

Chinese carmakers race Tesla on humanoid robots; BYD launches ‘God’s Eye’: 7 EV reads

Advertisement Chinese carmakers race Tesla on humanoid robots; BYD launches ‘God’s Eye’: 7 EV reads From Tesla sales surging in China to BYD and Chery charting their overseas growth, here are seven EV stories you may have missed 2-MIN READ2-MIN Listen We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing.

South China Morning Post 14h ago

Chinese EVs may hit U.S. within a few years, one way or another

Chinese electric vehicles face crippling tariffs, stringent regulations and fierce opposition from lawmakers and the American auto industry, but there's a growing possibility that Chinese EVs will be sold in the U.S. within the next few years. China has deliberately and aggressively expanded its EV footprint throughout Europe, the U.K., Asia and Australia, exporting millions of well designed, high-tech, and competitively priced vehicles, building factories and widening supply chains. Now,...

CNBC 4d ago

Tesla starts selling Chinese-made Model 3s in Canada at the EV's lowest price ever

Tesla starts selling Chinese-made Model 3s in Canada at the EV's lowest price ever Tesla has lowered the bar for electric vehicle affordability in Canada with the latest Model 3 Premium Rear-Wheel Drive option. Reintroducing its entry-level sedan in Canada, Tesla's RWD variant for the Model 3 will start at $39,490 CAD, or approximately $29,000. That's nearly half the price of the previous entry-level price point for a Model 3 in Canada, which started at $79,990 CAD, or around $59,000.

Engadget 39d ago

Anti-electric car Donald Trump sparks boom in UK EV sales over Iran war petrol price rises

Anti-electric car Donald Trump sparks boom in UK EV sales over Iran war petrol price rises EXCLUSIVE: Donald Trump's war in Iran has helped drive an electric car boom in the UK, new figures show - with Chinese EVs proving a hit among British drivers tired of rising prices at the pump Electric cars are driving Britain's biggest boom in motor sales since the pandemic - and Donald Trump's war in Iran is one of the big reasons buyers are ditching petrol vehicles. New figures show 160,662 new...

Daily Mirror 6d ago

Investors bet humanoid robots will transform industry and homes over the next decade

Softbank CEO Masayoshi Son told CNBC this week that physical AI and robotics were where he saw the next trillion-dollar company emerging from. Humanoid robots, designed to mimic human movement and capabilities, have been hitting headlines in recent years, from their use as baggage handlers at Japanese airports to Tesla's big bet on its Optimus humanoid. Market watchers have predicted that the machines will change the world over the next decade and forecast that the industry will grow...

CNBC 7d ago

Premium plan: China’s EV makers pin hopes on high-end models to buttress margins

Chinese electric vehicle (EV) makers are speeding up their pivot to the premium segment, where they hope to secure higher profit margins and dodge the cutthroat market’s most vicious price competition. New models launched by carmakers including Nio and Seres also mount a challenge to Tesla’s bestselling Model Y in the world’s largest EV market. “Intensified efforts to gain ascendancy in the premium segment show the carmakers’ confidence in their technologies,” said Chen Jinzhu, CEO of...

South China Morning Post 12d ago

How Indian immigrants have fueled billion-dollar startups in America over the years

American startups founded by immigrants are creating an average of 833 jobs per company and are collectively worth nearly $5 trillion, according to a new report by the National Foundation for American Policy (NFAP). Indian immigrants, the report says, have emerged as the largest contributor to this success story, founding or co-founding more billion-dollar startups in the United States than immigrants from any other country. “The research indicates that more open immigration policies will...

Times of India 6d ago