Would you like to receive notifications on latest updates of the following headlines?

Tesla's China-made EV Sales in August up 3% yr/yr

POSTED ON September 3, 2024 •   Technology      BY Abiodun Saheed Omodara
Logo of Tesla electric vehicle company is pictured on an S model vehicle. l Credit: dpa

Tesla's China-made electric vehicle sales grew 3% in August from a year earlier, while deliveries of its China-made Model 3 and Model Y vehicles rose 17% from July. 

Chinese rival BYD reported a 35.3% year-on-year jump in passenger vehicle sales in August, and other local EV competitors also saw higher sales.

Tesla's rising China numbers, including domestic sales and exports, were aided by extended incentives for local buyers and government backing.

Tesla has been offering a financing plan with a zero-interest loan to attract buyers, and has won endorsement from several local governments for official car purchases.

READ ALSO
Federal Ministry Unveils Digital Village to Bridge Digital Divide in Abuja Community
BY Abiodun Saheed Omodara May 30, 2025 0

The Federal Ministry of Communications, Innovation and Digital Economy has launched a Digital Villag...

READ ALSO
FG Unveils Project CNG-SPROUT to Revolutionize Campus Transport with Clean Energy
BY Abiodun Saheed Omodara May 30, 2025 0

The federal government has launched a transportation initiative called "Project CNG-SPROUT," designe...

READ ALSO
Agro Alliance Takes Top Honors at Hack4Livestock with IoT Solution for Cattle Intrusions
BY Abiodun Saheed Omodara May 24, 2025 0

ABUJA, Nigeria - The Ministry of Livestock Development has announced its intention to empower 1,000...

READ ALSO
INEC Launches AI Division to Enhance Electoral Processes, Address Challenges
BY Abiodun Saheed Omodara May 23, 2025 0

ABUJA, Nigeria - The Independent National Electoral Commission (INEC) has sanctioned the establishme...

READ ALSO
Legal Obligations Remain Despite Threats to Exit Nigeria, FCCPC Rebukes Meta Platforms
BY Abiodun Saheed Omodara May 3, 2025 0

The Federal Government, through its Competition and Consumer Protection Commission (FCCPC), has crit...

READ ALSO
Digital Inequality in Africa: High costs, infrastructure gaps leave millions offline
BY Abiodun Saheed Omodara April 21, 2025 0

Despite significant investments in Nigeria and various regions of Africa, only 38 percent of the pop...

READ ALSO
CBEX unregistered digital assets exchange in Nigeria, SEC warns of investment risks
BY Abiodun Saheed Omodara April 19, 2025 0

The Securities and Exchange Commission (SEC) has announced that Crypto Bridge Exchange, also referre...

READ ALSO
NDPC launches initiative to combat cyberbullying, financial fraud through data protection
BY Abiodun Saheed Omodara April 7, 2025 0

The National Data Protection Commission (NDPC) on Monday reiterated its dedication to enhancing data...

OUR CHANNELS:

Air India Flight 171: Investigators Uncover Dual Engine Failure as Global Scrutiny Mounts
BY Abiodun Saheed Omodara June 16, 2025 0

AHMEDABAD, India— As the world continues to mourn the tragic loss of 290 lives aboard Air Indi...


New Evidence Deepens Air India 787 Crash Mystery: Dual Engine Failure Now in Focus
BY Abiodun Saheed Omodara June 16, 2025 0

AHMEDABAD, India – As grief continues to hang heavy over the aftermath of Air India Flight 171...


UK Caution Citizens against Traveling To Israel, Iran amid Attacks
BY Abiodun Saheed Omodara June 15, 2025 0

The United Kingdom (UK) has issued a travel advisory for its citizens, recommending that Britons ref...


LASG Launches E-Call-Up System to Regulate Truck Movements Starting June 16
BY Abiodun Saheed Omodara June 15, 2025 0

LAGOS, Nigeria - The Lagos State Government has announced that the increasing traffic from heavy tru...


Tanker Drivers to Cease Operation on Monday amid E-call Charges
BY Abiodun Saheed Omodara June 15, 2025 0

LAGOS, Nigeria - Tanker drivers in Lagos State have announced their intention to cease loading petro...


LASG Clamps Down on Illegal Sewage Disposal in Okota
BY Abiodun Saheed Omodara June 15, 2025 0

The Lagos State Government through the Ministry of the Environment and Water Resources sealed a resi...


CBN Governor, Finance Minister to Address Allegations Before House Committee
BY Abiodun Saheed Omodara June 16, 2025 0

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, along with the Minister of Finance,...


NDLEA Alerts Parents: Watch for Suspicious Snacks in Children's Bags
BY Abiodun Saheed Omodara June 16, 2025 0

The National Drug Law Enforcement Agency (NDLEA) has issued a serious warning to parents, advising t...


2027: Tinubu Hosts Key PDP Figures at Aso Rock
BY Abiodun Saheed Omodara June 16, 2025 0

President Bola Tinubu convened a meeting on Saturday evening with prominent members of the oppositio...


Trump Proposes Visa Ban on Nigeria Amid Corruption Concerns
BY Abiodun Saheed Omodara June 15, 2025 0

The administration of U.S. President Donald Trump has initiated plans to impose a general visa ban o...


More Articles

Load more...

Menu