$Tesla Motors(TSLA)$  Tesla sales in Europe rocket past rivals, according to new data Tesla sales in Europe during February made the American company the fastest-growing automaker on the continent, according to new data from the European Union. Tesla has long been the dominant EV seller in the United States, but in Europe, it has faced significantly more competition, and the difference in marketshare between the two regions is stark. Tesla still accounts for nearly two-thirds of EV sales in the United States, whereas in Europe, Tesla doesn’t even account for a quarter. Ironically, despite the increased competition in Europe, Tesla seems to be gaining ground, as new data initially reported by Barrons shows t

The Chengdu Motor Show partnered with Alibaba Group to allow Chinese consumers to buy cars online. Over 1,500 new releases, 130 auto brands, including BMW, Mercedes-Benz, Audi, Maserati and Porsche ?The annual Chengdu Motor Show kicks off on Saturday with a twist this year amid the coronavirus pandemic. From Aug. 29 to Sep. 7, Chinese consumers will be able to visit the event online and even place orders for new car models on Alibaba Group’s marketplaces Tmall, Taobao and Taobao Live. The exhibition will feature over 1,500 new releases from over 130 auto brands, including BMW, Mercedes-Benz, Audi, Maserati and Porsche.Newly registered cars in the country reached 14.14 million in the first half of 2021, up 35.8% from the same period in 2020.Shopping for cars online has become popular in Chi