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<p>Hello, our dear EV audiences. Welcome to this week's China EV weekly. Today is March 16th. As usual, we will bring the latest news happening in China.</p><p>Today we have 2 reports for Tesla and 2 for BYD. First we start with Tesla, it is reported to bets on lower-priced Model Y in China, target to increase sales. In the meantime, they have been reported their exports from China in February end with 3,911 cars, down 87%.</p><p>Moving to BYD, they have raised billions on Hong Kong stock exchange for future investment.</p><p>It is also reported that BYD considers third European plant and battery factory.</p><p>OK! Buckle up, let's roll to the first news.</p><p>Full script:</p><p>https://mp.weixin.qq.com/s/h959vt39YIR82z3iUvUt_A</p>