The heatwave in China has forced the closure of factories that supply parts to Tesla, Intel, and Toyota

The heatwave in China has forced the closure of factories that supply parts to Tesla, Intel, and Toyota

Contemporary Amperex Technology Co. Limited (CATL), the world’s largest electric vehicle battery manufacturer, and Intel are among the major corporations closing their factories for six days in China’s Sichuan province due to a heatwave-related power shortage.

The move affects factories owned by Tesla’s battery supplier CATL, Apple’s supplier Foxconn Technology, Toyota, Texas Instruments, Volkswagen, Onsemi, and other companies.