Tesla Breaks Ground on Shanghai Mega Battery Factory for Global Energy Storage
Tesla has started building a mega battery factory in Shanghai to produce Megapack energy storage units, aiming for mass production in early 2025.
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Tesla Passes China’s Data Security Tests, Restrictions Lifted
Tesla has successfully passed four data security tests in China, removing previous restrictions. The announcement was made by China’s Automobile Manufacturers and the National Computer Network Emergency Response teams.
China Ensures Open Market for Foreign Firms in Talks with Tesla’s Elon Musk
During a meeting in Beijing, Chinese Premier Li Qiang assured Tesla CEO Elon Musk that China’s market remains open to foreign firms. Both leaders highlighted successful China-US economic cooperation and expressed intentions to deepen their collaborative efforts.
Tesla CEO Elon Musk Discusses Collaboration with China’s Trade Promotion Leader
Ren Hongbin, head of the China Council for the Promotion of International Trade, met with Tesla CEO Elon Musk in Beijing to discuss potential collaborations and cooperation on international business initiatives.
China’s NEV Industry Faces Overcapacity Claims Ahead of Auto China 2024
As Auto China 2024 approaches, allegations of overcapacity in China’s new energy vehicle sector are scrutinized, especially after Tesla’s recent workforce cuts and revenue dip.
Tesla Launches Mega Energy Storage Factory in Shanghai
Tesla is set to build a new mega energy storage factory in Shanghai, aiming to produce 10,000 Megapacks annually by early 2025.
Tesla to Lay Off 10% of Global Workforce Amid Falling Sales
Tesla plans to cut over 10% of its global workforce, affecting around 14,000 employees, due to disappointing first-quarter sales and a strategic push for cost reductions.
Tesla and BYD Dominate 2023 Electric Vehicle Sales Globally
Tesla and BYD lead the electric vehicle market in 2023, with Chinese manufacturer GAC also making significant strides. Global EV sales are set to hit 14 million by year’s end, marking a 35% increase.
Shanghai Free Trade Zone: Driving Global Business and Innovation
Explore how Shanghai Free Trade Zone is a beacon of China’s economic reform, attracting global businesses and fostering innovation through liberalized policies.