Category: China

Tesla to begin construction of Shanghai Megafactory in near future, says EV maker’s China chief

Tesla's Shanghai Megafactory is scheduled to begin construction in the third quarter this year and start production in the second quarter of 2024, according to an April announcement.

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Chinese battery maker Gotion acquires 25% stake in European firm InoBat

The deal is the first major investment in a European startup by a top Chinese global battery maker, with an initial focus on Central and Eastern Europe as well as Morocco.

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