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Month: November 2021

Posted on 27/11/2021

Tesla to Spend $188 Million to Expand Shanghai Factory

Tesla's Shanghai factory currently has annual output of about 500,000 vehicles that are delivered in both Asia and Europe. ( read original story ...)

Posted on 27/11/2021

Tesla is investing almost $200 million to expand Gigafactory Shanghai and hire 4,000 people

Tesla has indicated that it plans to invest almost $200 million to expand Gigafactory Shanghai and hire 4,000 more people. Gigafactory Shanghai has been an incredible success story for Tesla. The ... ( read original story ...)

Posted on 26/11/2021

Shanghai cuts tourism, eastern Chinese city limits transport on resurgent COVID-19

SHANGHAI: A handful of local COVID-19 cases in eastern parts of China have prompted Shanghai city to limit tourism activities and a nearby city to cut public transportation services, as China insists ... ( read original story ...)

Posted on 26/11/2021

Tesla upgrades Shanghai gigafactory production capacities

Tesla is upgrading the production lines of its Shanghai factory for higher capacity starting in December. The conversion work in the areas of the continuing production of the Model 3 and Model Y is ... ( read original story ...)

Posted on 26/11/2021

6 Covid cases reported in three Chinese cities in a day, Shanghai cancels flights, shuts schools

Six COVID-19 cases were reported from three cities in China in a day, triggering fresh concerns of another coronavirus outbreak. The new cases have caused alarm as China’s strict zero-Covid policy had ... ( read original story ...)

Posted on 26/11/2021

China’s Pinduoduo revenue disappoints as pandemic-led shopping boom wanes

Chinese e-commerce platform Pinduoduo Inc posted quarterly revenue that missed market estimates on Friday as the appetite for online shopping diminished with vaccinations and relaxed curbs aiding the ... ( read original story ...)

Posted on 26/11/2021

Shanghai Data Exchange Launches Trading in Bid to Boost Digital Economy

The Shanghai Data Exchange (SDE) started trading on Thursday, with the listing of 20 data products covering eight sectors including energy, finance, transportation and communications, further boosting ... ( read original story ...)

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