Tesla

Xiaomi founder Lei Jun would lead the new EV team. He has backed both Nio and Xpeng through his venture capital firm Shunwei Capital.

Aside from a lithium battery plant, Tesla would also invest in energy storage products.

As China’s EV charging network approaches 2 million stations, both public and private operators are looking to expand their footprint, while battery swapping may offer a convenient alternative.

EV maker will take ‘as many batteries’ as Panasonic and others can produce.

It happens as Tesla is handing over its first Shanghai-made vehicles.

Amazon and Tesla join the fray for future mobile communication infrastructure.

EV maker’s inclusion in stock index comes as it nears half-million delivery goal.

As part of Singapore’s plans to phase out internal combustion engine vehicles by 2040, the country is ramping up the installation of EV charging points.