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Yilei Sun

Tesla rolls out Model 3 in China ahead of schedule in sales push

22 Feb 2019

BEIJING/SHANGHAI Tesla Inc has started delivering Model 3 cars in China slightly ahead of schedule, as it looks to revive its sales that have been hit hard by Sino-U.S. trade tensions.

China's car sales tumble, road ahead bumpy

18 Feb 2019

SHANGHAI China's automobile sales fell for a seventh straight month in January, the country's top auto industry association said on Monday, as demand slowed in the world's largest auto market.

SoftBank's Vision Fund in talks to invest $1.5 billion in Chinese used car platform: sources

02 Feb 2019

HONG KONG/BEIJING The SoftBank-led Vision Fund is in talks to invest up to $1.5 billion (£1.14 billion) in Chinese used car trading platform Guazi.com, two people with knowledge of the matter said.

Tesla begins sales of cheaper Model 3 car variant in China

01 Feb 2019

BEIJING/SHANGHAI U.S. electric vehicle maker Tesla Inc said it will start taking orders in China on Friday for a lower-priced version of its Model 3 car, as it seeks to accelerate China sales hit by trade friction between Washington and Beijing. | Video

China's Didi sets up joint ventures with BAIC unit, Volkswagen

28 Jan 2019

BEIJING China's Didi Chuxing has set up joint ventures with a unit of Chinese carmaker BAIC and Germany's Volkswagen as part of the ride hailing giant's goal to ultimately develop purpose-built cars for its services.

Hyundai Motor to cut China jobs after sales slump

25 Jan 2019

SEOUL/BEIJING Hyundai Motor said its Chinese joint venture (JV) is accepting voluntary retirements and reviewing various "optimization plans" at its factories following a slump in car sales in the key market.

Exclusive: Tesla holds battery supply talks with China's Lishen

22 Jan 2019

BEIJING U.S. electric vehicle (EV) maker Tesla Inc has held talks with China's Tianjin Lishen to supply batteries for its new Shanghai factory, and two people with direct knowledge of the matter said the pair signed a preliminary agreement.

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