Tesla has introduced an upgraded Model Y in China, featuring enhanced design and functionality, priced from 263,500 yuan ($35,900), as the company seeks to reclaim market share in the highly competitive EV market.
Tesla has launched a revamped Model Y in China, featuring updated design and enhanced interior features, to regain market share lost to competitors like Xiaomi.
Priced from 263,500 yuan ($35,900), 5.4% higher than the previous model, deliveries are expected to begin in March pending regulatory approval.
While the Model Y became the world’s best-selling car in 2023, Tesla’s share of China’s BEV market fell to 10.4% in 2024, down from 11.7% the previous year, amid fierce local competition. The new Model Y aims to bolster Tesla’s position in the world’s largest EV market.
U.S. President Donald Trump said on Tuesday he will buy a new Tesla car to show support for the electric carmaker's chief and his ally Elon Musk amid recent "Tesla Takedown" protests and the slump in the company's stock price.
Over the past two months, tech billionaire Elon Musk has increasingly promoted far-right political causes in Europe, notably lending his support to Germany’s Alternative für Deutschland (AfD).
Tesla’s market performance in Scandinavia has experienced a notable downturn, with registration data from February showing a significant decline compared to the previous year.
U.S. electric vehicle giant Tesla experienced a dramatic drop in European sales in January, with a year-on-year decline of 45.2%, according to data from the European Automobile Manufacturers' Association (ACEA).
Bosnia and Herzegovina’s Serb entity, Republika Srpska (RS), adopted a new draft constitution, along with a law on protecting the constitutional order. The legislation expands RS's decision-making powers, challenging the authority of the country’s central government.
Cuba’s power grid has collapsed, causing a nationwide blackout and internet disruptions.
Mark Carney is Canada’s new prime minister, taking office amid a trade war with U.S. President Donald Trump.
A blast at a mosque in northwestern Pakistan injured four people, including two children and a local Islamist party leader, as authorities investigate the attack.
Italy’s Tuscany and Emilia-Romagna regions are grappling with severe flooding and landslides, prompting a red weather alert as heavy rains inundate streets and homes.
XPeng Motors plans to mass-produce flying cars by 2026, becoming the first company globally to do so. CEO He Xiaopeng also highlighted advancements in autonomous driving and humanoid robotics as part of the company’s future tech initiatives.
World leaders welcomed the 30-day ceasefire proposal that Ukraine has agreed to, calling it a step toward ending the conflict with Russia.
In Tuesday’s closely watched parliamentary election, Greenland’s pro-business opposition Demokraatit party took a commanding lead after over 90% of the ballots were counted.
BioNTech forecasts a revenue decline for 2025, expecting between 1.7 billion and 2.2 billion euros, down from 2.75 billion euros last year. This drop is due to Pfizer write-downs and stable vaccination rates. BioNTech also plans significant job cuts and new hires.
Regarding the Armenia-Azerbaijan process, we cannot forget the years of occupation, and we will not forget them, President Ilham Aliyev said in his speech at the opening ceremony of the 12th Global Baku Forum.
Bosnia and Herzegovina’s Serb entity, Republika Srpska (RS), adopted a new draft constitution, along with a law on protecting the constitutional order. The legislation expands RS's decision-making powers, challenging the authority of the country’s central government.
Cuba’s power grid has collapsed, causing a nationwide blackout and internet disruptions.
Mark Carney is Canada’s new prime minister, taking office amid a trade war with U.S. President Donald Trump.
A blast at a mosque in northwestern Pakistan injured four people, including two children and a local Islamist party leader, as authorities investigate the attack.
Italy’s Tuscany and Emilia-Romagna regions are grappling with severe flooding and landslides, prompting a red weather alert as heavy rains inundate streets and homes.
Bosnia and Herzegovina’s Serb entity, Republika Srpska (RS), adopted a new draft constitution, along with a law on protecting the constitutional order. The legislation expands RS's decision-making powers, challenging the authority of the country’s central government.
Cuba’s power grid has collapsed, causing a nationwide blackout and internet disruptions.
Mark Carney is Canada’s new prime minister, taking office amid a trade war with U.S. President Donald Trump.
A blast at a mosque in northwestern Pakistan injured four people, including two children and a local Islamist party leader, as authorities investigate the attack.
Italy’s Tuscany and Emilia-Romagna regions are grappling with severe flooding and landslides, prompting a red weather alert as heavy rains inundate streets and homes.
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