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Tesla Model Y SUV to be built in Shanghai

Unveiling the new mid-sized SUV at a presentation, Musk said the new model will not only be built in the United States, but also in the massive new plant in Shanghai.
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Tesla Shanghai project going smoothly: Shanghai officials

The construction of US electric carmaker Tesla's new gigafactory in Shanghai is going smoothly, according to Shanghai officials with direct knowledge of the project.
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New energy car market share in China could enter 'free fall' after 2020: NPC deputy

The government has been reducing its subsidies for consumers of new energy cars and plans to cancel them all after 2020, but this could come with consequences, a deputy warns.
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China's NEV sales continue robust growth

With both production and sales continuing to jump, the market of new energy vehicles in China remained vigorous last month, a bright spot amid a lackluster automobile sector.
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'Tired' Ghosn recovers, as lawyers ready 'thorough' defence

Former Nissan chief Carlos Ghosn's top lawyer vowed Thursday to mount a "thorough" defence to restore his client's reputation.
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NIO terminates Shanghai factory plan, posts 2018 loss

NIO Inc, a Shanghai-based electric car company, has given up its Shanghai factory plan after posting a loss of 9.6 billion yuan (US$1.43 billion) in 2018.
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NIO reports revenue growth, yet net loss in 2018

Shanghai-based electric vehicle designer and manufacturer NIO Inc reported expanded revenue yet a net loss in 2018, according to its financial report released on Wednesday.
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Ex-Nissan chief Ghosn released on bail after 108 days in detention

Former Nissan chief Carlos Ghosn was released after posting bail of 1 billion yen (US$9 million) in cash Wednesday, after 108 days in custody.
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Ex-Nissan chief Ghosn granted bail by Tokyo court, release pending prosecutors' appeal

The Tokyo District Court on Tuesday granted bail to former Nissan Motor Co. Chairman Carlos Ghosn, meaning the ex auto tycoon could be released for the first time since his arrest.
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Large-scale shipment of Tesla's Model 3 cars arrives at Tianjin Port

A big batch of Tesla's long-range Model 3 sedans have arrived at north China's Tianjin Port after 84 such cars were imported via the port in February.
Housing sales continue to head south Buy your duty-free before leaving home Global talent network held its annual assembly in Shanghai China, US set for new round of talks Implementing large-scale tax cuts will give a zeal to entities TMT continues to lead private equity and venture capital investment Tmall Global aims to boost spending on overseas merchandise Non-financial ODI in first 2 months at US$15.66b City slashes ports red tape Italian firms confirm participation in China's 2nd import expo China develops new energy battery powered UAV Reform to boost foreign demand for leasing Henan international trade and investment fair kicks off on April 8 Disney's US$71.3b acquisition of 21st Century Fox officially closed Palace, courtyard and garden in a supreme complex US Fed now expects no rate hikes in 2019 Tencent profit dives, hit by govt gaming freeze Shanghai bourse breaks 3,100 Chip import boom highlights need to develop local production Starbucks confirms 'VIA coffee' in Chinese supermarkets unauthorized City breaking down trade barriers China to cut tax to ease burden on industries China's 2nd CIIE to have more booth area, attendees: MOC Moderate rise in new home prices continues Wharton favors Shanghai for a third time China's home prices up slightly in February Think tanks must learn to think bigger Stocks close flat GSK Consumer Healthcare is set to accelerate its growth in China Parcel flows between Spain and China set to speed up Shanghai banks pledge to help small business Norwegian commentator warns Europe against following US in boycotting Huawei New US survey shows most respondents expect US-China trade deal in 2019 Investment group expands its China portfolio East China Fair adds Belt and Road session Chinese companies to build advanced solar module plant 'Quickpass is safe,' China UnionPay promises after CCTV exposé Shanghai stocks hit 3,100 before retreat Luxury spending booming Xiaomi profit jumps 60 percent Boosting sustainable development in Asia-Pacific region China's property investment up 11.6% in first 2 months
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