Business

Tesla and other automakers move to restart factories in Shanghai

car manufacturers including You’re here and SAIC engine aim to resume production next week in Shanghai, people familiar with the matter have said, as fears grow over the devastating impact on the economy of extended factory shutdowns following strict lockdowns of Covid-19 in China.

Meanwhile, more cities in China tightened Covid restrictions on Friday, including Xi’an, a city of around 13 million that emerged from weeks of lockdown just months ago, a sign that China’s strict Covid measures as it struggles to contain the highly contagious variant of Omicron will continue to weigh on its economy.


Wj

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button