BBCNEWS World Business Report July 6, 2024
the electric car giant tesla has announced plans to build a new huge factory in shanghai. it will make thousands of lithium battery packs every year. china is the world's largest car market, and whilst tesla generates most of its money from its electric car business, boss elon musk has committed to growing its solar energy and battery business to roughly the same size. here's mariko with the details from singapore. it is quite a big deal because of course, tesla already has that huge plant in shanghai to make electric cars, so it is basically increasing its investment in china. the f...