EUR/USD 1.14962
-0.129%
Gold 5097.99
0.364%
Oil 94.470
-0.766%
USD/JPY 159.396
0.035%
GBP/USD 1.33226
-0.146%
GBP/JPY 212.358
-0.063%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
March 13th - Geely has announced that its G-ASD intelligent driver assistance system has received the UNR171 international certification from the United Nations and the European Union. This certification, jointly issued by the China Automotive Technology and Research Center (CATARC) and IDIADA, marks G-ASD as the first high-level driver assistance system from China to successfully go global. The first Geely G-ASD model to pass UNR171 certification is expected to officially hit the roads in Europe this June. In the future, this system will fully power brands such as Geely, Jike, Lynk & Co, and Lotus.ABB CEO and former Shell CEO said the Middle East energy crisis could take months to recover.On March 13th, Academician Ouyang Minggao of the Chinese Academy of Sciences stated that 2026 will mark the beginning of a new round of innovation-driven high-quality development. Over the next five years, the new energy vehicle industry will see seven major technological development directions, including full-process safety, all-weather supercharging (including rapid energy replenishment via battery swapping), fully autonomous driving, fully drive-by-wire chassis, all-solid-state batteries, high efficiency under all operating conditions (high speed and low temperature conditions), and full-function electric vehicles. Among these, "full-function electric vehicles" involve areas such as electric vehicle power generation, energy storage, and vehicle-energy integration. Ouyang Minggao believes that, according to the innovation diffusion theory, once the penetration rate of new energy vehicles exceeds 50%, it will officially transition from the early mass market to the late mass market, with a slower growth rate in market share but a faster increase in vehicle ownership.According to Interfax news agency, the operator of the Tengger oil field project in Kazakhstan reported an accident at a facility, but no casualties were reported.The main Shanghai silver futures contract fell by more than 2.00% intraday, currently trading at 21,400.00 yuan/kg.

The manufacturing improvement in Shanghai boosted Tesla's China sales

Aria Thomas

Oct 10, 2022 15:19

4.png


Sunday's report indicates that Tesla (NASDAQ:TSLA) sold 83,135 China-made vehicles wholesale in September, breaking its monthly sales record in China (CPCA).


According to CPCA data, the number is up 8% from August and outpaces the 5% month-over-month increase in China's wholesale sales of electric vehicles.


It surpassed the previous record of 78,906 sales in June, as the American automaker continues to expand production in China.


Refinitiv reports that Tesla delivered 343,830 electric vehicles worldwide in the third quarter, a record but less than the 359,162 analysts predicted.


Tesla accelerated China deliveries after halting most production at its Shanghai plant for an upgrade in July, which was intended to increase weekly output from 17,000 to 22,000 units per week.


After a COVID lockdown, the Model 3 and Model Y facility resumed operations on April 19, but full production did not resume until mid-June.


In spite of heatwaves and COVID restrictions in the southwest, production grew.


In September, BYD led the domestic EV market with 200,973 wholesale sales, a 15% increase from August. According to the CPCA, higher gasoline prices and government incentives are encouraging more consumers to choose electric vehicles.

Suggestion