A fire broke out on November 24 at an auto interior shop in Shanghai, damaging about 12 luxury cars. Although the cause of the fire is still under investigation, several bloggers claimed that a Tesla Model Y was the source. Tesla has denied this speculation.
GNDC, Apple's largest foundry in Shanghai, suspended recruitment of new employees in October, resulting in many factories and production lines standing idle. Luxshare Precision, an Apple supplier in Shenzhen, was reported to be in negotiations regarding the takeover of certain factories.
Five stores of Lady M, an American luxury dessert brand, in Shanghai were suddenly replaced by dessert brand La Repete, which also featured Lady M's trademark product, French melaleuca cakes.
Applications for a science and technology entrepreneurship project in Shanghai's Hongkou District with a metaverse focus have now commenced. As part of this initiative, the local government body will provide eligible startups with financial support of up to $27,878.
On October 10, Shanghai authorities issued a new policy regarding new energy vehicles. From January 1, 2023, consumers who buy plug-in hybrid vehicles (including extended-range models) will no longer enjoy the benefits of free license plates.
The Shanghai municipal government announced on September 21 that the city's first batch of fuel cell vehicles for ride-hailing will be put into operation by the end of this month.
On September 21, the Shanghai Tree-Graph Blockchain Research Institute released Conflux OS, a new self-developed operating system that provides underlying code support for the cultivation of a Web3 application ecology in China.
On August 25, Shanghai Secoo E-Commerce Co., Ltd., an affiliated company of luxury e-commerce platform Secoo, added a bankruptcy review case.
On the afternoon of August 16, SAIC's AI Lab announced plans to promote its SAIC Robotaxi 2.0 to take the lead in putting into operation "unmanned taxis" in Lingang.
Tim Hortons China announced its opening of another joint store with Tencent E-Sports in Shanghai on August 3. This is the second joint store opened by the pair in Shanghai and the third joint store opened in China.
On July 28, the Shanghai Municipal Government issued the "Implementation Plan for Carbon Peaking in Shanghai" and a corresponding regulatory opinion notice.
The China Passenger Car Association (CPCA) reported on Tuesday that the Shanghai production bases of several major vehicle companies had, by mid-June, increased their single-day production numbers.
TikTok’s owner ByteDance has disbanded its 101 Game Studio in Shanghai, letting about half of the 300-plus staffers go and offering internal transfers to the rest.
Though high-risk, lockdown and control areas are still under some number of restrictions, Shanghai has now become fully operational as of June 1st. The Jiading District of Shanghai today issued 12 policies to boost consumption throughout the city.
Major digital platforms offering daily services to Shanghai residents have also adopted measures to support the efforts, including Meituan Waimai and DiDi Global Inc.
Shanghai is making every effort to accelerate its economic recovery. Hou Yi, CEO of Hema Fresh, said that nearly 80% of the company's stores have resumed online operations.
To coordinate COVID-19 control with economic development, the municipal government of Shanghai launched an action plan on Sunday to speed up economic recovery following weeks of extended lockdowns.
NIO plans to build a new R&D project in Shanghai, including 31 labs for the R&D and trial production of lithium-ion battery cells and battery packs. The investment totals 218.5 million yuan ($32.75 million).
An insider at the automotive division of Beijing-based tech giant Xiaomi stated: "Xiaomi Auto has no plans to set up a factory in Shanghai now, and the screenshot circulating on the internet is not true."
About 90% of employees of Contemporary Amperex Technology Co., Ltd. (CATL), the foremost leader of the power battery industry, returned to work at its Shanghai plant.