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Shanghai lockdown: SAIC manages to keep production, IM’s workers sleep in the factory, Tesla plant suspended

Shanghai, one of China's major manufacturing hubs and home to its largest automaker, SAIC Motor, has entered its second week of COVID lockdown on...

Chip black market rising in China. $2 Bosh ESP costs over $600

Chip shortage is the biggest problem faced by new energy vehicle manufacturers. A Bosch ESP (Electronic Stability Program) chip under normal circumstances costs 13 yuan/piece. According...