EquitiesBrief
Tesla and Chinese Automakers Issue Recall Over Door Handle Software
China
Tesla is recalling nearly 3 million vehicles in China due to a software issue involving hidden door handles. The recall affects a broad range of models produced by the company. The defect involves a software glitch that may cause door handles to remain locked or fail to deploy during an emergency. Other manufacturers including XPeng, Xiaomi, and Geely are also participating in the recall for similar technical concerns. Monitor for potential regulatory updates or further expansion of the recall scope across the Chinese automotive sector.
Source: BBC Business
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