China has emerged as a world leader in electric vehicle adoption in recent years. And it turns out 2021 was no exception. According to the Wall Street Journal, 'China’s car market snapped a three-year decline last
reports, “Tesla delivered a record number of EVs from its China plant last month … Tesla’s China sales were out of this world.”reports, “Tesla delivered a record 70,602 vehicles in December in China, beating its previous record of 52,153 set in September. The carmaker delivered 321,000 Model 3 and Model Y vehicles to customers in China last year, 117 per cent higher than 2020.
”prices of its Shanghai-made vehicles twice in the space of five weeks. Why? “Tesla doesn’t want to take too many orders and so it raised prices to curb demand,” said Phate Zhang, founder of Shanghai-based tech portal, “Any growth is likely to come from electric-car sales, with analysts and industry executives expecting sales of internal-combustion-engine cars to remain flat or decline slightly this year.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gas-Powered Car Sales In China Down Around 4% While EV Sales Up ~145% In 2021I saw an interesting tweet by Sam Korus from ARK Invest yesterday. He shared that gas-powered car sales in China were down around 4% in 2021, while battery electric vehicle sales were up ~145%. He
Read more »
Newly Uncovered Manuscript Reveals China Invented English Language 700 Years Before Western WorldBEIJING—Shedding new light on the origins of the world’s most popular language, an international team of linguists announced Thursday that a newly uncovered manuscript confirms China invented both spoken and written English 700 years before the Western world. “These remarkably well-preserved bamboo slips appear to…
Read more »
US airlines say China is forcing them to cancel some flightsU.S. airlines say China has blocked more than a dozen recent and future flights from entering the country, which has been tightening already-strict COVID-19 travel restrictions. China ordered the cancellations after some passengers tested positive for COVID-19 on flights that arrived in China in late December, according to industry officials. American Airlines said Tuesday that six of its flights from Dallas-Fort Worth to Shanghai in late January and early February have been canceled.
Read more »
Digital Yuan Wallet Ranks Among Most Downloaded Apps in China – Bitcoin NewsThe new wallet of China’s digital yuan has become one of the most downloaded applications in the country within days of its launch.
Read more »
China critic Sen. Tommy Tuberville once again bought Alibaba stockFormer Auburn University football coach Tommy Tuberville says his financial advisors bought stock in Alibaba, despite his criticism of China.
Read more »