Tesla opens Megapack battery factory in China amid nascent trade war
The opening of the $200 million Megapack battery plant in Shanghai highlights Elon Musk’s unusual position as Tesla CEO and ...
Ford Chief Says China Leads US By 10 Years In EV Batteries, Needs Their IP
Licensing battery technology from China is the key to staying competitive with its automakers and eventually beating them, ...
Toyota is following Elon Musk's lead as it tries to turn things around in China
The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did ...
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Tesla's Shanghai Megapack plant may rewrite the playbook for energy storage in China
After nine months of construction, Tesla's Megapack battery factory in Shanghai went into operation on February 11, with ...
Toyota raises profit forecast and aims to double down on China
Toyota is making a bold gambit to succeed in the Chinese market, where peers such as Volkswagen, Nissan and General Motors ...
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Toyota to set up fully owned Lexus factory in China
Toyota wants to establish a new wholly-owned subsidiary for the development and production of BEVs and batteries in the ...
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Battery maker CATL reportedly plans Hong Kong IPO to raise $5bn
In January, CATL and China's vehicle manufacturer ... and engage in battery recycling and repurposing, as well as in the pre-owned car market. In December, CATL unveiled plans to build 1,000 ...