The US carmaker will produce 10,000 massive batteries a year at the Megafactory in Shanghai’s Lingang free-trade zone when construction of the plant is complete. ( read original story ...)
Harrods opens private members’ club in Shanghai costing £16,500 a year
Private jet flights and rare whiskies on offer at 250-member club aimed at wealthy Chinese people ( read original story ...)
Tesla’s new mega factory project in Shanghai officially launched
advanced development concepts and good business environment have created huge opportunities for enterprises, and the Chinese market is a "must" for Tesla's development. In January 2019, Tesla broke ground on its Shanghai Gigafactory, becoming the first to ... ( read original story ...)
Tesla acquires Shanghai land for megapack battery plant
Tesla has acquired land in Shanghai for a megapack battery manufacturing plant with production expected to start in the fourth quarter of 2024, Chinese state media reported on Friday. ( read original story ...)
Chinese property developer Powerlong signs restructuring deal with creditors in ‘significant progress’ for debt solution plan
Distressed Chinese developer Powerlong Real Estate Holdings unveiled the preliminary terms of a restructuring agreement with an ad hoc group (AHG) of creditors late on Thursday, a deal which is ... ( read original story ...)
Stock market today: Asian shares are mixed after a rebound on Wall Street
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 ...)