Tesla has been slow to refresh its aging models while high interest rates have sapped consumer appetite for big-ticket items.

Tesla’s Model 3 starts at 245,900 yuan in China while the Xiaomi SU7 is 30,000 yuan cheaper than it.

Toyota’s sales in China tumbled 36% in February as the week-long Lunar New Year holiday took place during the month.

Suzuki Motorcycle India expands the V-Strom lineup with the launch of the new 800DE, which comes at a limited-time introductory price of INR 10.30 lakh.

The latest EPA rule cuts vehicle emissions by 49% by 2032 compared with 56% under the initial proposal.

This increase in production is largely due to the powerful domestic demand, which is leading the way.

BYD has stepped into the global spotlight since it dethroned Tesla to become the leader in the EV space.

Hyundai has revealed the updated 2025 Tucson facelift and the sportier N Line model at the ongoing New York Auto Show.

Analysts have estimated that the Xiaomi SU7 will be priced at USD 27,668.26 to USD 41,502.39 or above.

The decision reflects a strategic initiative of drawing buyers and addressing the public apprehension of the company’s’ survival.