Shares are mixed in Asia after several strong profit reports helped Wall Street claw back most of its sharp losses from day before ... ( read original story ...)
Tesla buys land for Shanghai Megapack battery factory
The Shanghai location is Tesla’s second dedicated Megapack factory, following the Lathrop plant in California. Tesla’s EV facility in Nevada can also make the Megapack. Tesla’s energy generation ... ( read original story ...)
2nd LD-Writethru-China Focus: Tesla’s new mega factory project in Shanghai officially launched
In January 2019, Tesla broke ground on its Shanghai Gigafactory, becoming the first to benefit from a new policy allowing foreign carmakers to establish wholly owned subsidiaries in China. The plant ... ( read original story ...)
Tesla launches Shanghai megapack battery project – Chinese state media
BEIJING/SHANGHAI, Dec 22 (Reuters) - Tesla (TSLA.O) on Friday launched its new megapack battery manufacturing plant in Shanghai with a ceremony for the purchase of the land for the project, Chinese ... ( read original story ...)
China bans exports of rare earth extraction technology
China has banned the export of technologies for the extraction and separation of rare earths, key to the manufacturing of chips, electric vehicles and military equipment. China controls more than 80 ... ( read original story ...)
Shanghai Stock Exchange Ponders Setting Up ‘Green Channel’ for Merging, Acquiring, Restructuring of Scientific Firms
(Yicai) Dec. 22 -- The Shanghai Stock Exchange is considering establishing and refining fast-track lines for listed companies to merge, acquire, and restructure listed scientific and technological ... ( read original story ...)
Shanghai hit with coldest year-end in 40 years
STORY: The city's lowest temperatures will be 24 to 21 degrees Fahrenheit (minus 4 to minus 6 degrees Celsius) in Shanghai's suburbs, and temperatures will remain below zero all day throughout the ... ( read original story ...)