Tesla leads China's record vehicle recall over door safety

Regulation
โดย Seeking Alpha·CN·Read original
Summary · why it matters

China has begun its largest vehicle recall, with Tesla and 10 other manufacturers addressing safety concerns involving emergency access to vehicle doors. The campaign covers almost 4.3 million vehicles, with Tesla accounting for the biggest portion at about 2.98 million Model 3, Model Y, Model S, and Model X vehicles affected. The recall centers on the possibility that occupants or rescuers may struggle to find or use mechanical door releases after a serious crash, particularly if a vehicle's electrical system stops working. Tesla plans to add identification labels and distribute a software update that can lower the windows following a collision. Other affected manufacturers include Xiaomi, Leapmotor, Xpeng, and Geely, with Xiaomi covering about 390,000 vehicles, while Leapmotor and Xpeng are recalling roughly 371,000 and 264,000 respectively.

Impact on stocks 5

Electrification & Mobility▼ · 5 stocks
Tesla Inc
TSLA
▼ NegativeRegulationrelevance

Tesla is the main subject of China's largest vehicle recall over door safety, affecting 2.98 million vehicles.

Xiaomi Corp
1810
▼ NegativeRegulationrelevance

Xiaomi is recalling about 390,000 vehicles as part of the safety recall.

Xpeng Inc
9868
▼ NegativeRegulationrelevance

Xpeng is recalling about 264,000 vehicles as part of the safety recall.

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