The company plans on refreshing its entire EV lineup and introducing several new EV models. Speaking of which, has the Model Y production line been built yet?
The country removed the $300 billion overall cap on overseas purchases of stocks and bonds - but only $111 billion of the cap was being utilized to begin with.
Chinese auto sales continue to plunge deeper into recession, with the country's China Passenger Car Association releasing preliminary data for August that in no way indicates that the trend could be slowing.