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Tesla Model Y Performance version rises on price in China by 14,000 yuan
Tesla Model Y Performance version rises on price in China by 14,000 yuan

On October 27, Tesla announced an immediate price increase of 14,000 yuan for the Model Y Performance version in China, with the adjusted starting price now at 363,900 yuan.

Oct. 27 , 2023
WeRide showcases L4 autonomous Robobus service at FII 2023 in Saudi Aribia
WeRide showcases L4 autonomous Robobus service at FII 2023 in Saudi Aribia

During October 24-26, 2023, at the 7th Future Investment Initiative (FII) in Riyadh, the capital of Saudi Arabia, WeRide, the Chinese autonomous driving tech firm, was invited to attend and showcased its L4 autonomous driving shuttle (Robobus).

Oct. 27 , 2023
TuSimple completes inaugural L4 autonomous truck testing on Tokyo-Nagoya expressway
TuSimple completes inaugural L4 autonomous truck testing on Tokyo-Nagoya expressway

On October 27, 2023, autonomous driving technology company TuSimple announced the successful completion of the company’s first-ever L4 autonomous truck testing on the "Tokyo-Nagoya" expressway in Japan.

Oct. 27 , 2023
China’s locally-made passenger vehicle retail sales likely to rise 9.5% YoY in Oct. 2023: CPCA
China’s locally-made passenger vehicle retail sales likely to rise 9.5% YoY in Oct. 2023: CPCA

China's domestic passenger vehicle retail sales are anticipated to reach 2.02 million units in October 2023, which should climb 9.5% from the previous year and edged up 0.1% from the previous month, according to the CPCA.

Oct. 27 , 2023
SAIC Motor sees quarterly revenue, net profit, car sales rise consecutively in Q1-Q3 period
SAIC Motor sees quarterly revenue, net profit, car sales rise consecutively in Q1-Q3 period

SAIC Motor announced on Thursday that its gross revenue reached roughly 196.787 billion yuan in the third quarter (Q3) of this year, sliding 6.92% from the previous year.

Oct. 27 , 2023
SVOLT bags 7.5 billion yuan worth of credit line from multiple banks
SVOLT bags 7.5 billion yuan worth of credit line from multiple banks

On October 25, Chinese power battery supplier SVOLT Energy Technology Co., Ltd. (“SVOLT”) signed an agreement with a group of banks, who agreed to grant SVOLT a credit line worth 7.5 billion yuan.

Oct. 26 , 2023