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How’s that for depreciation?

Tesla China recently announced its latest milestone. As per Tesla Vice President Grace Tao in a post on Chinese social media platform Weibo, Gigafactory Shanghai has successfully exported its 1 millionth vehicle. The milestone highlights Giga Shanghai’s designation as Tesla’s primary vehicle export hub.  In her post, the Tesla VP Read more

China launched an anti-discriminatory probe against Canada’s tariffs on imported Chinese electric vehicle (EV), steel, and aluminum products.  The Chinese Commerce Ministry announced the start of its investigations against Canada’s tariffs on Thursday, September 26, 2024. It stated that the probe could last up to three months but could be Read more

BYD and Hyundai are teaming up to export cars. The Chinese EV maker recently signed a Memorandum of Understanding (MOU) with Hyundai Glovis Co.—the South Korean automaker’s logistics company.  The agreement with BYD and Hyundai Glovis is highly beneficial to both companies and their future goals. Hyundai’s logistics company aims Read more

Tesla (NASDAQ: TSLA) bull and analyst for Wedbush Dan Ives released a new note to investors this morning, outlining the firm’s expectations for the automaker’s third-quarter delivery figures. The firm is anticipating a delivery beat, as Wall Street is estimating 462,000 units to turn over the customers for the quarter. Read more

Tesla has gotten its newest adoptee of the North American Charging Standard (NACS) as Sony Honda Mobility adopted the connector for AFEELA EVs, but there’s also a new first. Sony Honda Mobility (SHM) will be the first company in the Japanese market to adopt the NACS connector for EVs. The Read more

The Tesla Model Y has surpassed the Nissan Leaf as Norway’s best-selling EV of all time, as records tracked starting in 2011 show the all-electric crossover has finally worked past one of the first EVs offered. The Model Y became the best-selling vehicle in the world last year and is Read more

Tesla’s North American Charging Standard (NACS) is not just spreading its influence in the United States. As per a recent press release from Sony Honda Mobility Inc., NACS is being adopted in Japan to support the company’s  “AFEELA” EVs, which is expected to start sales in 2025.  By supporting NACS Read more

With Tesla Robotaxi unveiling right around the corner, analysts are taking their opportunities to comment on the influence of the vehicle as it relates to the company’s stock. Many would say the Robotaxi, along with Tesla’s rollout of an eventual Full Self-Driving suite that is fully autonomous, would be the Read more

Revel has opened its first-ever fast-charging electric vehicle station in Manhattan at Pier 36 on the Lower East Side. This is the first fully public, 24/7 EV charging station in Manhattan, which has been a major challenge for companies and individuals utilizing EVs due to very limited real estate. Revel Read more