News Snapshot:
Mohammad Ali (@ChaudhryMAli88) 03:00 PM BEIJING (UrduPoint News / Sputnik - 04th May, 2022) US electric automaker Tesla is planning to set up a second plant to expand its production capacities in China 's Shanghai , the Zhongguo Zhengquan Bao newspaper ( China Securities Journal) reported on Wednesday, citing sources. Tesla is set to build the second factory near the first plant, in the Lingang industrial area, the newspaper reported. The new facility will allow the car giant to make another 450,000 cars per year, producing Model 3 and Model Y electric vehicles , the report said. Tesla will possibly...