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Tesla Wants Parts Suppliers in China to Be Given Priority as Power Grid Strains During Heatwave

August 19, 2022
Source: tradingforkeeps.com tradingforkeeps.com
News Snapshot:
Tesla has asked the Chinese government to prioritize power to its suppliers in Sichuan province, which is experiencing power shortages during a historic heatwave. Automakers Tesla and SAIC warned city officials in Shanghai that auto production could decline because supplier factories in Sichuan were ordered to temporarily shut down to conserve energy, as Bloomberg reports. In response to the warnings, officials at the Shanghai Municipal Commission of Economy and Information sent a request to other officials in Sichuan asking for the supply of electricity to be extended to Chengdu Yinlin Car Parts and another 15 unnamed parts suppliers. It’s unclear...
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