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Geely Just Built the World's Largest Crash Lab--And It's Coming for Tesla's Safety Crown [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
global EV safety standards as regulatory scrutiny tightens worldwide. The company has opened what it describes as the world's largest automotive safety testing center in Ningbo, a 4.5-hectare facility built at a cost of 2 billion yuan. The site is designed to support a broad range of tests, including high-speed crash simulations and battery and powertrain safety evaluations, with infrastructure that includes a nearly 300-meter indoor crash track and a 28,536-square-meter wind tunnel capable of replicating rain and snow conditions. Warning! GuruFocus has detected 5 Warning Signs with GELYF. Is GELYF fairly valued? Test your thesis with our free DCF calculator. The development comes as safety considerations move higher on regulators' agendas in China and overseas. An extended price war and rapid product cycles in China have raised concerns that some manufacturers could be under pressure to reduce costs, potentially impacting safety. Beijing has been examining EV safety more closel
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