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Elon Musk discusses potential Tesla investment with Magnolia’s PM

Teslarati

Global think tank ODI held a roundtable earlier this year that discussed Magnolia’s New Recovery Policy and where the country currently stands in the economic supply chain. According to ODI research Mongolia’s economic growth over the last decade grew remarkably at an average of 8%. Tesla proposes $3.8

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NIO unveils production electric SUV for China market; NIO ES8 to launch end of this year

Green Car Congress

The manufacturing and supply chain that will produce the ES8 is already in place, the company said. The vehicle has been tested in Yakeshi in Inner Mongolia, where temperatures can reach -22 degrees Fahrenheit as well as Melbourne and Mildura, Australia where temperatures can reach more than 104 degrees Fahrenheit.

San Jose 150
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Saab Automobile enters agreement with Hawtai Motor Group on strategic partnership

Green Car Congress

in financing ( earlier post ), conditionally secures medium-term funding and includes financing in the form of subscription agreements in the amount of €150 million (US$222 million) as well as a strategic alliance for China including joint ventures on manufacturing, technology and distribution.