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Chinese Survey Puts Tesla Model 3's Build Quality Below Two Local BEV Models autoevolution.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoevolution.com Daily Mail and Mail on Sunday newspapers.
Tesla unlikely to further decrease price of China-made vehicles Monika From Gasgoo | December 30 , 2020 Shanghai (Gasgoo)- As Tesla has basically achieved its target of auto parts localization in China, it is unlikely to see further reduction in the prices of made-in-China Tesla cars in the future, according to a local media outlet, quoting Tao Lin, Vice President of Tesla China Foreign Affairs. Ms Tao revealed there is still the probability that the car price will rise if the prices of raw materials and auto parts go higher. However, some insiders said the room for potential price falls still exists. With the cost of making a China-made Model 3 EV working out to roughly 200,000 yuan ($30,650), the gross margin for the locally-produced Model 3s is estimated to be around 30%, which is much higher than that of its U.S.-made counterpart, said the report. ....
The Straits Times The carmaker is expanding its geographic footprint.PHOTO: AFP PublishedDec 29, 2020, 7:34 am SGT https://str.sg/JRuV They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months. including the ST News Tablet worth $398. Let s go! Spin the wheel for ST Read and Win now. ....
Even though Tesla already sources its lithium (a key ingredient in EV batteries) from China’s Gangfeng Lithium, the U.S. carmaker has reportedly signed a 5-year deal with Yahua Industrial Group, another Chinese lithium supplier. Yahua, which is based in China’s Sichuan province, will now deliver battery-grade lithium hydroxide to Tesla starting in 2021 and through 2025. The total value of the contract is said to be $630-880 million, reports Reuters. Tesla, which started delivering cars from its gigafactory in Shanghai just last December, has yet to comment on the deal. Earlier this year in May, Yahua opened up a 20,000 tonnes/year lithium hydroxide plant, in turn more than doubling its previous capacity – despite the coronavirus pandemic affecting global lithium demand. ....
autoevolution 21 Dec 2020, 22:54 UTC · by Founded in 1976 by three visionaries of the tech industry, Apple shifted to a different business model with the iPod s launch in 2001. The biggest change of fortunes, however, came in 2007 when Steve Jobs took to the stage to demonstrate the iPhone to raving reviews from everybody. 1 photo Despite a few lackluster moments in the post-Jobs era, the Cupertino-based giant headed by Tim Cook is doing great from a financial standpoint. Valued at more than a trillion dollars since August 2018, Apple passed the Saudi Arabian state-owned oil company in July 2020 as the world’s most valuable publicly-traded company. In other words, the iPhone and iPad maker has money to burn on projects that were unimaginable a decade ago. ....