Tesla to recall 1.1 million cars in China over potential safety risks, Chinese regulator says | CNN Business

, the country’s top market regulator said on Friday. Starting May 29, the US company will take back 1,104,622 vehicles that were produced between January 12, 2019, and April 24, 2023, the State Administration for Market Regulation said in a statement, citing a plan filed by Tesla with the regulator. The models to be recalled include imported Model S, Model X, Model 3 and China-made Model 3 and Model 6.

The vehicles have issues that may increase the probability of drivers “mistakenly stepping on the accelerator pedal” for an extended period, which could increase the risk of collision and pose a “safety hazard,” the statement said. The company plans to make adjustments or add notification features to the recalled vehicles to reduce the risk, it added. In March, Tesla recalled more than 2,600 imported Model S cars in China, according to the SAMR.

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Audits of Chinese companies by KPMG and PwC full of holes, US watchdog finds | CNN BusinessUS inspectors, after receiving access to auditors' books for the first time, discovered significant shortcomings in audits of companies based in China and Hong Kong that are listed on US stock exchanges.
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