Xiaomi entered the EV market in March last year with the launch of the SU7. The electric sedan was made available in three variants — Standard, Pro, and Max — with starting pr

Telsa plans to make a slightly smaller Model Y that costs at least 20 percent less to build than the recently refreshed Model Y.

It’s another Friday, so it’s time for another affordable Tesla rumor. The automaker is now expected to roll out a less expensive EV as soon as later this year , taking the form of a smaller Model Y.

Tesla has plans to produce a low-cost version of its best-selling Model Y to boost sluggish sales in China, according to a report. The car will cost at least 20% less to produce than the version launched last year,