Friday, September 12, 2025

Latest

Tesla’s Chinese Market Share in Jeopardy as Competitors Ramp up EV Production

Competition in China’s EV market is being shaken up again, as Tesla makes plans to release its new Model Y at a reduced price, causing a run of advanced orders.

In the new year, Tesla announced it will officially launch its Model Y SUV at its Shanghai factory, with deliveries slated to commence before the end of February. Prices for the base model will begin at $52,074, excluding government subsidies, and is a 30% discount compared to the model’s prices six months ago. Indeed, Tesla is not new to slashing prices in face of subdued demand— the automaker cut the cost on some its models seven times last year.

Nevertheless, although details of Tesla’s planned production capacity for the Model Y remains unknown, it is anticipated that the company will manufacture more than 200,000 units annually. Over the past nine months, Tesla has been hastily expanding its Gigafactory in Shanghai in order to prepare for the production of its electric SUV.

However, as an increasing number of Chinese EV companies ramp up production and make key improvements in EV technologies, there is a growing possibility that Tesla may soon be left in the dust. Nio’s latest unveiling of its electric ET7 sedan and improved battery pack is expected to be a direct rival to Tesla’s Model 3, and may further encroach on Tesla’s market share in China.


Information for this briefing was found via Reuters. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Avino Q2 Earnings: Steady As She Goes

MEG Energy: Cenovus Comes In With $7.9 BILLION Offer

Orla Mining Q2 Earnings: Musselwhite Changes Everything

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Tesla Issues TWO Separate Recalls Over Seatbelt Chime Alert, ‘Rolling Stop’ Feature

Tesla (NASDAQ: TSLA) is in the hot seat once again, this time adding two more...

Saturday, February 5, 2022, 03:09:00 PM

Is the Dollar Losing its Dominance? Russia Resorts to Yuan Bond Sales to Raise Capital

The West’s choking sanctions against Russia have prompted the former Soviet country to explore alternative...

Tuesday, August 9, 2022, 09:49:00 AM

China’s Export Cutoff May Lead To Rare Earth Rush, US Scrambles for Seabed Minerals

An emerging crisis in the global supply of rare earth elements is drawing heightened scrutiny...

Thursday, April 17, 2025, 02:59:00 PM

Move Over, Tesla! Xpeng Motors Launches New Driver Assistance Features to Upstage Autopilot

Tesla (NASDAQ: TSLA) may soon have a real rival hot on its heels, after local...

Monday, October 25, 2021, 04:43:00 PM

China Ramps Up Domestic Mineral Exploration to Boost Self-Sufficiency

China is intensifying its efforts to achieve resource self-sufficiency by increasing state support for domestic...

Thursday, March 20, 2025, 02:14:00 PM