Shanghai (China) – Page 11

China’s Car Buyers Have Fallen Out of Love With Foreign Brands

Domestic companies are now selling more vehicles than their multinational rivals, which have failed to keep up with Chinese consumers’ demand for electric cars and S.U.V.s.

By Keith Bradsher

Batteries China Electric and Hybrid Vehicles Factories and Manufacturing Musk, Elon Shanghai (China) Tesla Motors Inc

Elon Musk Says Tesla Will Build Shanghai Battery Factory

The facility will produce batteries the size of shipping containers to help electric utilities stabilize grids and use more renewable energy.

By Keith Bradsher

Batteries Factories and Manufacturing Musk, Elon Shanghai (China) Tesla Motors Inc

Tesla to Build Factory in Shanghai for Large-Scale Batteries

The company plans to break ground this year on a plant that will produce 10,000 of its energy-storage units known as Megapacks annually.

By Reuters

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China’s Cities Are Buried in Debt, but They Keep Shoveling It On

China has long pursued growth by public spending, even after the payoff has faded. Cities stuck with the bill are still spending — and cutting essential services.

By Li Yuan