Market forces rained on the parade of XPeng Inc. ( NYSE:XPEV ) shareholders today, when the analysts downgraded their...
As the EU ponders over imposing tariffs on China's EVs, the stakes are quite high. China needs the EU market amid domestic challenges, while Europe's auto sector relies on Chinese sales and partnerships.
The U.S. electric vehicle maker is also considering selling the software as a monthly subscription to users of its cars in China, its second-largest market, they said. A successful software registration with China's Ministry of Industry and Information Technology will pave the way for Tesla to internally test Full Self-Driving (FSD) by having its employees drive on China's public roads before delivering it as an upgrade to its Chinese users in the coming months, said two of the people. The company currently offers two, less-advanced versions of its Autopilot driver assistance system in China.