Beijing is picking winners and losers in China’s electric vehicle industry. And it appears the Chinese government has chosen to bestow its favor on NIO, a Shanghai-based company listed on the New York Stock Exchange. NIO is establishing a joint venture with a state-owned fund, Beijing E-Town International Investment and Development company (E-Town Capital), the […]
Tesla in talks with China’s CATL for rechargeable batteries
CATL has been discussing the required specifications for the batteries with Tesla officials, the people said, asking not to be named because the talks are private BEIJING: Tesla Inc is in talks about ordering rechargeable batteries from top Chinese producer Contemporary Amperex Technology Co Ltd to power Model 3 cars the US electric automaker plans […]
