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Tesla Revenue Crosses One Billion Mark in China.

Tesla Crosses one Billion Revenue Mark in China

Mar 02, 2017 06:48 AM EST

Tesla finally seems to be getting its cards right in the Chinese auto market as the American electric car manufacturer announced that its yearly revenue crossed the $ 1 billion milestone in 2016.

China Auto Sales to Grow 5% in 2017 due to Tax Incentive Reduction

S. Rina |

Jan 13, 2017 01:05 AM EST

China's auto sector had a bumper year in 2016 as vehicle sales increased 13.7 percent, the fastest growth rate in three years. However, the outlook for the coming year is rather tepid as the government has announced phasing out tax incentives on vehicle purchase.

The price of Lucid Air is poised to start at $100,000.

Lucid Motors Unveils Own Luxury Electric Car

Ellie Froilan |

Dec 15, 2016 08:57 AM EST

Lucid Motors has unveiled its very first car - a fully electric sedan called the ‘Air’ that is designed for the executive market.

In this handout photo provided by Project Better Place on May 11, 2008, Renault's electric car, built on the Megane model, is parked nearby wind turbines in Denmark.

Renault Nissan to Use Chennai R&D Center to Develop Electric Cars for China: CEO

Charissa Echavez |

Oct 04, 2016 07:00 AM EDT

Renault Nissan will use its research and development center in Chennai, India, to develop affordable electric cars for China, its CEO Carlos Ghosn said.

Go Ultra Low Kia Soul EV on charge on a London street.

China to Create More Electric Vehicle Charging Facilities

Charissa Echavez |

Sep 15, 2016 12:10 PM EDT

China will reportedly increase the construction of electric vehicle charging stations particularly in residential areas to accelerate the production and sales of green cars, China's economic planner revealed on Monday according to China Daily.

Volkswagen and JAC Motor's agreement focussed on the research and development, manufacturing and sales of new energy vehicles.

Volkswagen Partners With China's JAC Motor to Develop Electric Cars

Ellie Froilan |

Sep 09, 2016 01:00 PM EDT

Volkswagen AG has signed a memorandum of understanding with China's Anhui Jianghuai Automobile (JAC Motor) to explore making electric vehicles in a new joint venture.

China's new Policy Seeks to Limit Number of Electric Vehicle Makers

Charissa Echavez |

Aug 30, 2016 08:14 AM EDT

China's electric-vehicle sector, which roughly has 200 companies, is on the brink of massive a shake-up as the government seeks to limit the number to only 10 by implementing stringent standards. According to a government-backed news outlet, the government may weed out as much as 90 percent of the electric vehicle startups currently operating.

Future Mobility Plans to Roll out Electric Car by 2020

Phenny Lynn Palec |

Jul 14, 2016 10:36 AM EDT

Despite being only four months ago old, Future Mobility has unveiled out its ambitious plans for the electric car market. The company, which is backed by the Chinese tech giant Tencent, plans to sell premium electric cars by 2020.

Volkswagen Planning to set up First Battery Manufacturing Plant in China

Manthan Chheda |

Jun 29, 2016 05:07 AM EDT

Volkswagen is eyeing China as the first location for its battery-manufacturing plant in a bid to capitalize on the booming electric cars market.

Tesla Debuts Its New Crossover SUV Model, Tesla X

Tesla to Introduce Its Model X 75D in China Next Month

Charissa Echavez |

Jun 28, 2016 09:18 PM EDT

Tesla will be bringing its Model X 75D to China this coming July 2, according to local news outlet, making it the latest base model of the Chinese Model X lineup that includes 90D and P90D.

China's First Mass-produced Electric Vehicle Unveiled At High-tech Fair

China's Electric Car Sales Foreseen to Double in 2016; Needs Preparations, Experts Say

J.B. Cach |

Mar 13, 2016 02:35 PM EDT

China's industry minister said that the country will double the sales of electric cars this year.

Steve Jobs Thought of Making an Apple Car in 2008

Nicky West |

Nov 05, 2015 07:12 AM EST

Steve Jobs would have been ahead of the game if he did not ditch his plan to make an Apple Car in 2008.

Connecticut May Legalize Tesla Sales

David Curry |

Jan 21, 2015 11:19 AM EST

Republican Senator Art Linares might be pushing to legalize Tesla sales in his home state of Connecticut, after having to travel to New York to buy his own.

Tesla's Sales In China "Unexpectedly Weak" According To CEO Elon Musk

David Curry |

Jan 14, 2015 09:19 AM EST

Tesla Motors CEO Elon Musk has reported "unexpectedly weak" sales in China in the fourth quarter

Tesla Motors Plans On Producing Electric Cars in China In Next 3-4 Years

Vittorio Hernandez |

Oct 20, 2014 02:00 AM EDT

Elon Musk, the chief executive of Tesla Motors, foresees China as the electric carmaker's largest market in the near future as he aims to produce a clean-energy vehicle in the country within the next three or four years.

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