BYD shook up China’s smart-EV industry earlier this year by offering its “God’s Eye” driver-assistance package for free.
Read More Tesla’s self-driving future under threat from China’s auto, tech giantsTag: BYD
Honda, Nissan move to deepen ties, sources say, including possible merger
Honda and Nissan are in talks to deepen ties, the clearest sign yet of how Japan’s once seemingly unbeatable auto industry is being reshaped by challenges from Tesla and Chinese rivals.
Read More Honda, Nissan move to deepen ties, sources say, including possible mergerFord pivots from EV plans to heavy-duty trucks at Canada facility
Ford outlined plans to use a Canadian plant earmarked for future electric vehicles to instead build larger, gas-powered versions of its F-Series pickup truck.
Read More Ford pivots from EV plans to heavy-duty trucks at Canada facilityExclusive: Tesla scraps low-cost car plans amid fierce Chinese EV competition
Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker.
Read More Exclusive: Tesla scraps low-cost car plans amid fierce Chinese EV competitionTesla quarterly deliveries fall for the first time in nearly four years
The Elon Musk-led company’s shares fell 5.3% in early trading and were on track to lose about $30 billion in market value.
Read More Tesla quarterly deliveries fall for the first time in nearly four yearsTesla asks which jobs are critical, stoking layoff fears – Bloomberg News
Tesla sent out a single-line query for each job after canceling some employees’ biannual performance reviews.
Read More Tesla asks which jobs are critical, stoking layoff fears – Bloomberg News