Latest news with #Yicai
The Sun
10 hours ago
- Automotive
- The Sun
Tesla, Shanghai sign $557 million energy storage station deal, Yicai reports
BEIJING: Tesla's first China grid-scale battery storage station using its megapack batteries will be located in Shanghai, local media Yicai reported on Friday. The deal involving an investment of 4 billion yuan ($556.8 million) was signed between the U.S. automaker, China Kangfu International Leasing Co and the Shanghai local government on Friday, according to the report. Tesla's battery megafactory in Shanghai for making its megapack batteries began production in February. ($1 = 7.1840 Chinese yuan)
The Sun
10 hours ago
- Automotive
- The Sun
Tesla to build first China megapack station in Shanghai
BEIJING: Tesla's first China grid-scale battery storage station using its megapack batteries will be located in Shanghai, local media Yicai reported on Friday. The deal involving an investment of 4 billion yuan ($556.8 million) was signed between the U.S. automaker, China Kangfu International Leasing Co and the Shanghai local government on Friday, according to the report. Tesla's battery megafactory in Shanghai for making its megapack batteries began production in February. ($1 = 7.1840 Chinese yuan)
The Star
5 days ago
- Business
- The Star
Boeing resumes China deliveries with 787-9 jet to Juneyao Airlines, Yicai reports
The interior of a British Airways Boeing 787-9 Dreamliner. Boeing has delivered a new 787-9 aircraft to China's Juneyao Airlines. - Samuel Ong/The Star BEIJING/HONG KONG: Boeing delivered a new 787-9 aircraft to China's Juneyao Airlines on Saturday (June 14), Chinese media outlet Yicai reported, as trade tensions between Beijing and Washington ease. The delivery comes two days after a Boeing 787-8 Dreamliner with 242 people on board crashed in a fireball shortly after takeoff in western India. Boeing and Juneyao Airlines did not immediately reply to Reuters requests for comment on the Yicai report. The US aerospace giant had suspended new aircraft deliveries to China in April as President Donald Trump's tariff war escalated between the world's two largest economies. Boeing said at the end of May that deliveries would resume this month after the tariffs were temporarily scaled back for 90 days. China and the US concluded two days of negotiations in London on Tuesday to resolve key trade issues in the two superpowers' bruising tariff war, where negotiators from Washington and Beijing agreed on a framework covering tariff rates. On Monday, a new Boeing 737 MAX painted in the livery of Xiamen Airlines landed in China, adding to signs that the planemaker was resuming deliveries to China. The country represents about ten per cent of Boeing's commercial backlog and is an important and growing aviation market. Boeing had previously said customers in China would not take delivery of new planes due to the tariffs and that it was looking to resell potentially dozens of aircraft. - Reuters
Express Tribune
6 days ago
- Business
- Express Tribune
Boeing resumes China deliveries
Listen to article Boeing delivered a new 787-9 aircraft to China's Juneyao Airlines on Saturday, Chinese media outlet Yicai reported, as trade tensions between Beijing and Washington ease. The delivery comes two days after a Boeing 787-8 Dreamliner with 242 people on board crashed in a fireball shortly after takeoff in western India. The US aerospace giant had suspended new aircraft deliveries to China in April as President Donald Trump's tariff war escalated between the world's two largest economies. Boeing said at the end of May that deliveries would resume this month after the tariffs were temporarily scaled back for 90 days. China and the US concluded two days of negotiations in London on Tuesday to resolve key trade issues in the two superpowers' bruising tariff war, where negotiators from Washington and Beijing agreed on a framework covering tariff rates.
Straits Times
7 days ago
- Business
- Straits Times
Boeing resumes China deliveries with 787-9 jet to Juneyao Airlines, Yicai reports
BEIJING/HONG KONG - Boeing delivered a new 787-9 aircraft to China's Juneyao Airlines on June 14, Chinese media outlet Yicai reported, as trade tensions between Beijing and Washington ease. The delivery comes two days after a Boeing 787-8 Dreamliner with 242 people on board crashed in a fireball shortly after takeoff in western India. Boeing and Juneyao Airlines did not immediately reply to Reuters requests for comment on the Yicai report. The US aerospace giant had suspended new aircraft deliveries to China in April as President Donald Trump's tariff war escalated between the world's two largest economies. Boeing said at the end of May that deliveries would resume this month after the tariffs were temporarily scaled back for 90 days. China and the US concluded two days of negotiations in London on June 10 to resolve key trade issues in the two superpowers' bruising tariff war, where negotiators from Washington and Beijing agreed on a framework covering tariff rates. On June 9, a new Boeing 737 MAX painted in the livery of Xiamen Airlines landed in China, adding to signs that the planemaker was resuming deliveries to China. The country represents about 10 per cent of Boeing's commercial backlog and is an important and growing aviation market. Boeing had previously said customers in China would not take delivery of new planes due to the tariffs and that it was looking to resell potentially dozens of aircraft. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
