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Tesla gains $521m in loans from Chinese banks to construct Shanghai plant

It’s a much lower amount than previously expected.

1 min read

The American automaker has plenty of competition in China.
News
Morgan Stanley analyst doubts Tesla’s profitability in China
1 min read
Plug-in vehicles are all the rage in China, partly propped up by government subsidies.
News
NIO CEO downplays pressure from Tesla’s price cuts in China
2 mins read
Would you ride it?
News
Chinese passenger-carrying drone maker EHang said to be planning US IPO
1 min read
Electrifying personal transportation.
News
China will keep subsidies for new energy vehicles in 2019
1 min read
More rides for Indonesia.
News
Go-Jek forms joint venture with Astra International, raises US$100M
1 min read
It isn’t always about the brand name.
News
Tesla slashes prices, placing pressure on Chinese EV makers
2 mins read
It’s been a long, hard road for the company.
News
Grab has invested more than US$100M in Vietnam since 2014
1 min read
After the fundraising, Chehaoduo will be valued above $9 billion.
News
After picking up $1.5b from SoftBank, Chinese car trading site Chehaoduo says it’ll spend $300m on advertising
2 mins read

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