Tesla will produce charging pile in China

Reuters: Tesla will produce charging pile in China
It is reported that Tesla plans to expand its charging network in 2021 and produce electric vehicle charging piles in China.
Tesla currently sells model 3 electric vehicles in China and plans to deliver SUV model y by 2021. The company plans to invest 42 million yuan to build a plant near the Shanghai auto plant to produce the charging pile.
It is expected that the plant will be completed in February next year, and the annual output of 10000 charging piles can be achieved.

Tesla will produce charging pile in China
Financial Times Wall Street Journal Reuters: the test method is controversial
Previously, AstraZeneca announced that its vaccine efficiency was 90%. But in fact, the clinical study of AstraZeneca is divided into two parts, and the overall effective rate is only 70%.
The effective rate of the first part is only 62%, while that of the second part is only 90% after a month.
As a result, AstraZeneca’s share price fell 6%. Shares of AstraZeneca’s rivals Pfizer and biontech rose 6% and 14% respectively after announcing efficiency. Moderna’s share price is up 11%.
AstraZeneca explained that the use of different doses of vaccine in two parts of the study was mainly due to improved production methods.
However, it was revealed that in the second part of the study, the subjects of AstraZeneca were all under the age of 55, and their risk of infection with the new crown was lower.
Financial Times (Reuters) – Wall Street Journal: salesforce talks to buy slack
Salesforce, the world’s largest CRM company, is negotiating to acquire slack, a cloud office writing software.
Slack’s app installed 12.6 million times this year, up 50% from the same period last year. Slack is in urgent need of spending money to take advantage of the current opportunity to launch a war with Microsoft’s teams and other competitors.
Microsoft’s office collaboration software teams come with a number of commonly used office software, which is more attractive to users, and also makes slack realize the importance of “fighting group war” in the office market. Salesforce needs to generate new revenue beyond CRM.
On the news, slack shares rose 24% to $36.58, while salesforce fell 2.7%.
The Wall Street Journal: Thanksgiving: the migration of millions of people in the United States
Although the number of people who travel by air during Thanksgiving this year is only half that of the same period in 2019. But most airports and airlines in the United States still have their busiest time since the outbreak.
Between November 20 and 23 alone, 3.97 million people traveled by air in the United States.
At the same time, the number of hospital inpatients in the United States has risen to an all-time high, and the death toll in the new crown has exceeded 250000.
Nikkei Asia review: Evergrande’s share price falls after being censored
Recently, China’s development and Reform Commission has issued a document to review the electric vehicle industry in order to rectify the disorderly items of new energy vehicle manufacturing projects.
The review includes the new pure electric vehicle projects approved or filed since 2015, the production and operation of new energy vehicle investment projects of existing automobile enterprises and the filing of new energy vehicle projects under construction from 2019 to 2020, as well as the planning and investment promotion of pure electric vehicle projects.
The document calls for investigation and detailed report on investment in new energy vehicles of Hengda, Baoneng and other enterprises.
As soon as the news came out, the shares of Evergrande new energy automobile group fell sharply, falling as much as 11% in Hong Kong and closing down 5.2% to HK $22.80.
Wall Street Journal: Jingdong health goes to Hong Kong, Hong Kong IPO market continues to be hot
On Wednesday, JD Health launched a more than $3 billion IPO in Hong Kong, which will issue 382 million shares at a price between $8.10 and $9.10 per share, and the company’s valuation will be as high as $28.5 billion.
If the underwriting bank exercises the right to subscribe 15% more, JD will raise $4 billion in capital. It is likely to be the biggest IPO in Hong Kong this year due to the delay in the listing of ant group.
Six investors, including BlackRock capital, tiger Global Fund and Hillard capital, will subscribe for up to $1.35 billion in shares.
Although Hong Kong has experienced turbulence in recent years and the overall international IPO demand is not high, Hong Kong has ushered in the peak of IPO and secondary listing in the past decade. This year alone, there have been dozens of IPOs in mainland China that have chosen Hong Kong.
WSJ: EU data will be shared
On Wednesday, the European Union put forward a new proposal to establish a data market covering the whole EU under the premise of protecting European data, so as to promote the sharing of industrial and government information.
The EU has long exercised strict control over data, and the bill is the EU’s first attempt to share industrial and government data.
The new proposal will require companies to process data to ensure data security before exporting them overseas. EU officials said companies and public authorities would share more data if they could ensure protection.
In addition, Wednesday’s proposal also said it would establish a system to authenticate new data brokers to act as an intermediary between data providers, would not allow operators to make profits by helping to share data, and would be regulated by the European Union.

EU data will be shared

1 Response

  1. Norah says:

    Tesla plans to invest 42 million yuan to start producing charging piles for electric cars in China in 2021, according to a person familiar with the matter.

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