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Tesla planning new Shanghai battery factory despite rising U.S.-China tensions

New manufacturing projects by the auto-maker and France’s Airbus give a boost to Chinese industry as other firms like Apple rethink production in the nation. ....

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Tesla to build Megapack battery plant in Shanghai

SHANGHAI: Tesla Inc will build a large new battery factory in Shanghai, further cementing China’s place at the top of the global energy storage supply chain. ....

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Tesla new battery plant cements China's place in energy storage

The US electric car pioneer will manufacture its Megapack large-scale energy-storage unit in the new facility, which adds to its factory for EVs in Shanghai. ....

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With plans for new plant, Tesla locks in China's top position in energy storage

Construction is scheduled to begin in the third quarter of this year and the plant will commence production in the second quarter of 2024, the company said in a statement. ....

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Asian Markets Trading Mostly Higher

CANBERA (dpa-AFX) - Asian stock markets are trading mostly higher on Tuesday, following the lack of cues from Wall Street overnight due to a holiday, as signs of easing COVID-19 curbs in Beijing ....

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