China dominates in global market as exports of valuable commodity double in just 1 year: 'Golden September'

China dominates in global market as exports of valuable commodity double in just 1 year: ‘Golden September’

China has announced that its electric vehicle exports in September doubled from a year ago after car manufacturers expanded into international markets. ABC News reported that Chinese exports of electric vehicles, including battery electric vehicles and plug-in hybrids, increased by over 100% in September from the same month last year, and sales in August were…

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'The pond is now full of serious competitors'

‘The pond is now full of serious competitors’

While Tesla set a sales record during the third quarter, the electric vehicle company has steep competition abroad as other automakers gain momentum in the European market. Tesla delivered a record-breaking 497,099 electric vehicles between July and September, according to City AM. That’s up 29% from the previous quarter. The publication attributed much of the…

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'[We] will take the lead'

‘[We] will take the lead’

One automaker is looking to break away from the pack as electric vehicle competition heats up. Kia displayed its full range of European-sold EVs for the first time at the IAA Mobility Show in Munich this September, according to Electrek. The lineup included two new models, the EV2 and the EV5. The South Korean manufacturer…

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Tesla (TSLA) Stock Trades Up, Here Is Why

Why Tesla (TSLA) Shares Are Sliding Today

Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 3.3% in the afternoon session after the company unveiled a more affordable, stripped-down version of its Model Y, which disappointed investors who had hoped for an entirely new vehicle. The move followed a 5.5% gain in the previous trading session, which was fueled by speculation over a…

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