Tag: china
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Tesla Launches Cheaper Standard-Range Model Y In China
Tesla launched a new, cheaper version of the Model Y electric crossover in China Thursday. The new model gets less range but will be the cheapest Model Y on sale there. The compact electric SUV utilizes new batteries supplied by CATL that use lithium iron phosphate chemistry, according to Reuters. The battery design gets less…
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Tesla Recalls Nearly 300,000 Vehicles Due To Safety Issues
PA Images/Tesla/YouTube Tesla has recalled nearly 300,000 of its vehicles in China over a reported issue with its cruise control system. The safety risk has seen cruise control in some models activated when drivers shift gears, causing the car to unexpectedly accelerate. There have been no recorded accidents involving the fault, but the issue has…
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Tesla will update its Autopilot software on around 285,000 vehicles in China because drivers are switching it on by mistake, a state regulator says
Tesla CEO Elon Musk walks in front of a Model Y image in Shanghai. Aly Song/Reuters Tesla will update software on about 285,000 vehicles in China, a state regulator said on Saturday. Autopilot software will be updated on some Model 3 and Y vehicles, Reuters reported. Drivers "easily activate the cruise control function by mistake,"…
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Bitcoin price crash as China puts curbs on cryptocurrency mining
Bitcoin price crashed by around 9 percent on Monday morning after reports emerged that China intensified its crackdown on the said cryptocurrency mining. Bitcoin price touched $32,658.65 at 12:14 pm from a high of $35,924.11 at 1:59 am as per data available on Coindesk — the lowest drop in the last 12 days. However, at…
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Cryptocurrencies See Dramatic Crash As Spooked Investors ‘Cut Their Losses’ And Bail
Pixabay/PxHere Cryptocurrencies have seen a sharp dip in value after investors seemingly cut their losses and sold up. Due to the decentralised nature of cryptocurrencies, their value can change rapidly. Investors have seen the worth of their cryptocurrencies slide in the last week, and it has now seemingly caused a spiral for the likes of…
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Tesla cars are reportedly banned from parking at some Chinese government offices over security concerns
Tesla CEO Elon Musk. Hannibal Hanschke Pool / Getty Images Staff at Chinese government offices were told to not park Tesla cars at work, sources told Reuters. Cameras in Tesla's cars help drivers park, but have left some Chinese officials with security concerns. Tesla faces a potential regulatory clampdown from Chinese authorities. See more stories…
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Bitcoin slides below $40k mark, down nearly 40pc from all-time high
Bitcoin’s dream run hit a major road bump as it slid below the $40,000 mark for the first time since February. One of the most well-known cryptocurrencies globally, Bitcoin’s tumble started when Tesla CEO Elon Musk made a U-turn and announced it will not accept Bitcoin in payments, citing environmental concerns created by cryptocurrency mining.…
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In 2020, General Motors Managed To Sell More Than 200,000 Electric Vehicles
General Motors is based on a mission to direct the change to electric vehicles also it’s off to some pretty good start.The automaker reports which it sold 200,268 completely electric vehicles worldwide, in accordance with its own sustainability report. The majority of those sales came from China, in which EV infrastructure and approval are better…
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Tesla To Add Battery Recycling Facilities To Its Shanghai Gigafactory
Based on documents submitted to Shanghai government, Tesla intends to include recycling centers to its neighborhood factory. The centers, per Reuters, will have the ability to fix and replicate key elements like battery cells and electrical motors. Batteries are among the most environmentally taxing components in the automotive sector, thus finding a way to decrease…
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Huawei is not a carmaker. It wants to be the Bosch of China
One after another, Chinese technology giants have announced their plans for the auto space throughout the past couple of months. Some internet businesses, such as search engine provider Baidu, made a decision to recruit support from a conventional carmaker to create cars. Xiaomi, which makes its smartphones but has stressed for many years it’s a…