The Latest Breaking News from Shanghai

In September, Tesla noticeably increased local retails sales and export of electric cars, produced at the Tesla Giga Shanghai plant in China.

Shanghai and other big Chinese cities, including Shenzhen, have ramped up testing for COVID-19 as infections rise, with some local authorities hastily closing schools, entertainment venues and tourist spots.

Maserati plans to launch this in its stores in Berlin, Hong Kong, Madrid, Melbourne, and Shanghai by the end of 2022.

SHANGHAI: A central bank digital currency trial focused on cross-border transactions involving China, Thailand, Hong Kong and the United Arab Emirates has been completed, as Beijing tries to internationalise its digital yuan.

Tesla just finished the China factory upgrades and is ramping up, so it makes sense that the production would stand to be capped through the rest of 2022.

As Tesla continues to prioritize production output at its Giga Shanghai, wait times have been dropping in China as it begins catching back up to demand.

Tesla has been expanding its global footprint and increasing its production capacity. Its factory in China has been a huge asset, and now it's improved.

Tesla completed a project to expand production capacity at its Shanghai plant on Monday, according to a statement on a Shanghai government platform for companies' environmental information disclosures. Tesla will test the production lines for the upgrade during From Sept. 19 to Nov. 30, the statement added. Reuters previously reported…

Shanghai reported three new domestically transmitted asymptomatic coronavirus cases for Sept. 18, up from zero a day earlier, while no local symptomatic cases were reported, the same as the previous day, the city government said on Monday.