Tesla to halt Shanghai factory production as China starts lockdown again

Updated : Mar 28, 2022 08:50
|
EJ Biz Desk

EV giant Tesla is planning to suspend production at its Shanghai factory for at least 4 days as China starts phased lockdown of it's largest city. 

Shanghai’s municipal government said on Sunday that all firms and factories will suspend manufacturing or work remotely during the lockdown.

Earlier this month, Tesla had to halt production at the factory for two days as China tightened its Covid-19 restrictions. 

China's commercial capital and by some calculations the biggest city in the country is now one of the worst-hit areas as China fights to contain a resurgence of the virus with Omicron, leading to a spike in new cases. The city of Shanghai will be locked down in two stages over nine days while authorities carry out Covid-19 testing.

ChinaShanghaiCOVID 19Tesla

Recommended For You

editorji | Business

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

editorji | Business

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

editorji | Business

Reliance completes merger of Star Television Productions with Jiostar

editorji | Business

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

editorji | Business

Nifty hits record high after 14 months; Sensex nears all-time peak