Almost a month since Shanghai lifted its strict COVID-19 lockdowns, fashion retailers are stuck with piles of unsold stock as cautious consumers stay away from the commercial hub's glitzy shopping ... ( read original story ...)
Two dead after Nio car falls from third floor of headquarters building in Shanghai during test drive
Crash is likely to spark a new wave of concern about the safety of intelligent EVs Nio says the testing staff included one of its employees and a technician from one of its partners Two testing staff ... ( read original story ...)
NIO Test Car Fell From Third Floor Of Automaker’s Shanghai Office Killing Two
Two people were killed when a Nio ET5 fell out of a multi-story parking garage in Shanghai, China, crashing down on the street below. The accident happened at Nio’s headquarters while two test drivers ... ( read original story ...)
Tesla factories in Texas and Berlin ‘losing billions’ due to shortage of batteries and Shanghai shutdown, says Musk
The electric car maker's chief exec (pictured) said in an interview that both its Texas and Berlin factories were 'gigantic money furnaces right now,' ... ( read original story ...)
Shanghai Banks Set Up Special Credit Lines to Unblock Supply Chains
Banks in Shanghai are launching special credit tools to support industrial companies recover after the city's two-month lockdown. Lenders are setting up special credit lines as well as innovating new ... ( read original story ...)
Tesla Shanghai to Halt Production Temporarily. It Isn’t Covid.
Tesla's Shanghai Gigafactory is going offline for an equipment upgrade, according to reports, adding some uncertainty to third-quarter numbers. ( read original story ...)
China’s new aircraft carrier and its cutting-edge technology still needs lots of tests
The US Navy is the only other military to use the kind of technology aboard China's new aircraft carrier, Fujian. ( read original story ...)