The Digital Source For China's Tech Innovation Since 2000

Tesla extends its 4-day winning streak to 13%, as July sales from the Chinese competition show require electric vehicles

August 5, 2021
Source: motorworld.app motorworld.app
News Snapshot:
Tesla’s shares rose 5% on Monday, helping it increase a four-day winning streak to 13%, as sales of electric vehicles from its Chinese competition demonstrate a continued call in the sector. Nio reported 7,931 cars delivered in July, representing a year-over-year expansion of 125%. Meanwhile, Li Auto and XPeng reported record deliveries in July of 8,589 and 8,040 cars, respectively, representing a year-on-year expansion of 251% and 228%. . The smart delivery figures bode well for Tesla, which has invested a giant component of its business in the region as it temporarily moves to electric cars. Tesla’s Gigafactory in Shanghai...
Go To Original Source →
Tags: ASIA | auto | Business | Chinese | construction | delivery | electric vehicle | expansion | Giant | inventory | IT | manufacture | manufacturing | NIO | Pacific | plant | sales | Shanghai | shares | Tesla | Xpeng

Other Related News:

Mitsubishi's former Chinese joint venture eyes RHD markets, could include Australia

May 12, 2025

India has only pressed the pause button on Pakistan. It needs serious behavioural change

May 12, 2025

Why are India and Pakistan fighting?

May 12, 2025

Local Chinese community members get behind-the-scenes look at Southlake

May 12, 2025

Scientists say this bismuth-powered chip is 40% faster than Intel’s best – are silicon processors officially finished?

May 12, 2025

Canada’s electric vehicle strategy has failed, and there are lessons to learn

May 12, 2025

SANJAYOVACHA | Wars Help Promote Sales for Military Industrial Complex

May 12, 2025

Behind the scenes with identical twins Paula and Bridgette Powers after carjacking interview

May 12, 2025

Australia's economy is a basket case again. Will Jim Chalmers take it on?

May 12, 2025
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2025 ChinaTechNews.com. A Service of Asia Media Network.
Twitter