BYD Auto World's leading EV maker According to a Reuters report, Tesla is working on a completely new, smaller, and more affordable electric SUV. The information comes from unnamed sources who have discussed the matter with the outlet. The sources indicate that the company has been in contact with suppliers about the compact SUV, which is described as an all-new model rather than a version of the existing Model Y. It remains unclear whether this potential vehicle represents a strategic shift back to the company's core automotive business or is intended to align its lineup with future ambitions for autonomous vehicles. Three individuals speaking to Reuters claimed the new SUV would be manufactured in China. This is notable because Tesla vehicles frequently rank highly on an index measuring American manufacturing content, having occupied the top four positions the previous year. The report notes that Tesla has previously canceled projects, and there is no certainty the vehicle will reach production. The company did not provide comment to Reuters on the matter. The sources suggested the design could be adapted for both human drivers and a potential future driverless function. Interactive table based on the Store Companies dataset for this report. | # | Company | Headquarters | Focus | Scale | Note | |---|---|---|---|---|---| | 1 | BYD Auto | Shenzhen, Guangdong | EVs, PHEVs, passenger cars | Very large | World's leading EV maker | | 2 | SAIC Motor | Shanghai | Passenger & commercial vehicles | Very large | State-owned, partners with VW & GM | | 3 | Geely Auto | Hangzhou, Zhejiang | Passenger cars, EVs | Very large | Owns Volvo Cars, Zeekr, Lotus | | 4 | Changan Automobile | Chongqing | Passenger & commercial vehicles | Very large | State-owned, major OEM |