Tesla’s China sales have tumbled to a three-year low, spotlighting a sharp slowdown in the world’s largest EV market. This decline underscores mounting competition and the challenges Tesla must overcome to keep its momentum alive amid shifting consumer preferences
Tesla’s electric vehicle sales in Germany took a surprising plunge, plunging 53% in October compared to the previous month, according to TipRanks. This steep drop sparks fresh concerns about Tesla’s ability to maintain its momentum in the competitive European market
Global automakers are zeroing in on China with four dynamic strategies: building robust local partnerships, accelerating electric vehicle investments, strengthening supply chain resilience, and spearheading digital innovation, Bloomberg reports. These bold moves aim to ignite growth and expertly steer through the complexities of a shifting market
The 2025 Ram 1500 lineup has officially debuted in Australia, showcasing a blend of rugged performance and innovative technology. With updated features and enhanced capabilities, this new range aims to set a benchmark in the competitive pickup market.
Zeekr, the Chinese electric vehicle manufacturer and rival to Tesla, has announced plans to roll out an advanced driver assistance system (ADAS) at no additional cost. This strategy aims to enhance their competitive edge in the rapidly evolving EV market.
Tesla is reportedly planning a more cost-effective version of the Model Y, aiming to reduce production costs by at least 20%. This strategic move seeks to strengthen its market share in China amid increasing competition.
BYD’s sales surged by an impressive 164%, showcasing its rapid growth in the electric vehicle market, while XPeng reported even stronger performance. This surge underscores the intensifying competition among EV manufacturers as consumer demand escalates.
