News Snapshot:
[Technology] Tesla plans to upgrade its factory in China with an investment of $ 188 million U.S. EV giant [Tesla](//auto.hindustantimes.com/topic/tesla) Bloomberg plans to invest $ 188 million in the Shanghai plant to upgrade its equipment, as the plant is about to run out of current capacity by the end of this year, sources said. The annual production capacity of the factory is 450,000 units. According to a document on the Shanghai government’s corporate environmental information disclosure platform, the EV giant will invest in optimizing the production line of its Chinese plant, which began construction in 2019. The upgrade will take...
