Exclusive-Tesla Retreats From Next-Generation 'Gigacasting' Manufacturing Process usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Analysis-Tesla's Self-Driving Bid for China Faces Rivals Racing Ahead usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
If Tesla succeeds in bringing its Full Self-Driving system to China, the world s largest car market, the U.S. electric-car pioneer will be shifting into the fast lane of the global race toward.
Electric Car Market: Chinese consumers, especially younger ones, rank "technology luxury" as an important consideration, and Chinese automakers are taking the lead on such features, said Raymond Tsang, a Shanghai-based Bain & Company partner.
U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. The goal: to rake in hefty profit margins the automaker can’t get in China amid fierce competition. In some foreign showrooms, BYD charges more than double — sometimes nearly triple — the price it gets for three key models in China, according to a Reuters review of the automaker’s pricing in five of its biggest export markets.