On August 16th, the Thailand Board of Investment announced that Changan has applied to build an electric vehicle and hybrid vehicle factory in Thailand.
July 31st news, BYD Japan announced that its authorized dealer Wing will open the store 'BYD AUTO Yamanashi' in Kofu City, Yamanashi Prefecture on August 4th. This is also BYD's eighth store in Japan.
On May 31st, it was reported that Tesla China reopened the reservation page for the new Roadster electric sports car on the evening of May 30th. The deposit remains at RMB 332,000 (about $46,700 USD) and can be refunded at any time before delivery.
Tesla has started selling the Model 3 and Model Y vehicles made in China in Canada, marking the completion of the company's first batch of shipments from its Shanghai factory to North America.
Starting from May 29, 2023, Tesla China will recall a total of 1,104,622 imported Model S, Model X, Model 3 and domestically produced Model 3 and Model Y vehicles manufactured between January 12th, 2019 and April 24th, 2023.
The local official of Hefei, Anhui Province recently announced that Eberhard Weiblen, President and CEO of Porsche Consulting, visited the city. This news has led to market speculation that Porsche may establish its first vehicle production factory in China.
On May 9, it was reported that the upgraded version of Tesla Model 3 will begin mass production in Shanghai on June 1 of this year. Several photos of the new Model 3 were also leaked at the same time.
LinkedIn, which had previously shut down its social networking features in China two years ago, announced on May 9th that it has decided to discontinue InCareer, its local job application in China, effective August 9th.
Citrix, a cloud computing and virtualization technology company, and Radware, a provider of cybersecurity and application delivery products, have downsized their teams in China considerably and may even exit the market entirely.
Tesla announced on May 5th that it would increase the prices of Model S and Model X by 19,000 yuan ($2,747) effective immediately in China. As a result, the starting price for Model S is now 808,900 yuan while the starting price for Model X is 898,900 yuan.
On May 2nd, Tesla's website displayed a global price increase for its electric vehicles. This comes after multiple price cuts earlier this year. The starting prices of Model 3 and Model Y have both risen by 2,000 yuan ($289) in China.
On April 25th, Tesla opened its charging network to other non-Tesla new energy vehicles in mainland China for trial. The first batch of trials includes 10 Tesla supercharging stations that are open to 37 non-Tesla vehicle models.
Tesla's Q1 total revenue was $23.329 billion, as per documents submitted to the US Securities and Exchange Commission (SEC) on April 24th. Notably, Tesla's revenue in China in Q1 amounted to $4.891 billion with a year-on-year growth rate of 5.18%.
To enhance Mercedes-Benz's research and development capabilities in China, Beijing Benz, a joint venture between BAIC Motor and Mercedes-Benz that manufactures automobiles, will appoint a new president with extensive R&D experience.
On April 18th, it was announced that the main structures of the three major themed hotels in LEGOLAND Shenzhen Resort will soon be topped off. It is expected to be completed and put into operation by 2024.
Qualcomm is actively promoting its XR ecosystem in China. On April 17th, it announced a collaboration with EnlightXR to provide localized services and technical support for Snapdragon Spaces XR developer platform.
