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Shanghai pledges tax cuts, government subsidies for ailing small businesses as city sharpens focus on economic recovery in 2023

Shanghai Mayor Gong Zheng on Sunday said more economic sweeteners, such as tax cuts and government subsidies, are now in the works to address the problems faced by the city’s small businesses. ....

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Tesla recalls 80,000 cars across 3 models in China as regulator asks EV maker to fix software, seat belt issues

Tesla is recalling more than 80,000 cars in China because of software and seat belt problems, adding to a string of recalls that have beset the carmaker recently. ....

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China's EV war: Tesla slashes prices of Shanghai-made electric cars to keep its lead over rivals after record deliveries

The discounts, the first by Tesla in mainland China this year, came hot on the heels of the carmaker’s 30 per cent expansion of its Giga Shanghai assembly at the Lingang Free-Trade Area to 1 million vehicles a year. ....

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Tesla's second assembly line near Shanghai Gigafactory to add 450,000 units of annual capacity

Tesla’s new Shanghai plant near the existing Gigafactory will increase annual capacity by another 450,000 units, making it the ‘largest export hub’. ....

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Tesla's half-idle Shanghai factory exposes strain in China's commercial hub as Covid-19 lockdown enters fourth week

Tesla’s Shanghai factory is assembling 1,000 vehicles a day – just half of its output before the city’s latest Covid-19 outbreak – after resuming work this week ....

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