CFP. US electric car producer Tesla's Shanghai Megapack energy storage plant has begun trial production and is expected to ... ( read original story ...)
Cambricon, China’s AI chip star, soars 383% amid push for self-sufficiency
China’s top-performing stock of 2024 is expected to see additional tailwinds into next year from the nation’s drive for greater self-sufficiency in artificial intelligence (AI). Shares of AI chip ... ( read original story ...)
40-GWh annual capacity Tesla Megafactory in Shanghai to begin production in 2025
Tesla's Megafactory in Shanghai will likely manufacture Megapack, which is the company's energy-storage battery. ( read original story ...)
Tesla’s Shanghai megafactory to complete by year-end
SHANGHAI : US carmaker Tesla’s megafactory in Shanghai is expected to complete construction by the end of this year, according to Tesla China, as reported by Xinhua. The factory, which broke ground in ... ( read original story ...)
Stock market today: Asian shares are mostly lower, with most world markets closed for Christmas
Shares slipped in Tokyo and Shanghai on Wednesday, two of only a handful of world markets open on Christmas day. Oil prices rose. Japan’s Nikkei 225 index edged 0.1% lower to ... ( read original story ...)
Buy or wait? Chinese consumers bet on more subsidies to revive economy
Retailers fret about weak sales while ‘greedy’ consumers hold out for bigger subsidies from Beijing next year. ( read original story ...)
Toyota eyes solo Lexus EV plant in Shanghai
Toyota is working to build on its own an electric vehicle plant in Shanghai for its Lexus luxury brand, informed sources said Tuesday. The leading automaker is negotiating with local authorities and ... ( read original story ...)