Quick overview

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Tesla (TSLA) will build its first grid-scale battery storage station in China, utilizing Megapack batteries in Shanghai. The agreement involved an investment of 4 billion yuan ($556.8 million) by the Shanghai local government and the carmaker, China Kangfu International Leasing, on Friday.

Production at Tesla’s mega factory in Shanghai, which manufactures its Megapack batteries, began in February.

Meanwhile, Tesla’s U.S. headquarters and its South Korean subsidiary are being sued by the family of a lawyer who lost his life in a 2020 Tesla Model X crash in Seoul, claiming that the car had defects and experienced abrupt unintended acceleration.

A civil complaint was filed with the Seoul Central District Court a day earlier, according to a press conference held Thursday by attorney Ha Jong-seon, who represented the victim’s family.

A Tesla Model X collided with the wall of an underground parking garage in Seoul’s Yongsan district on December 9, 2020, resulting in a fatal accident that is at the heart of the case. Attorney Yoon, a passenger in the car at the time, was killed in the collision and subsequent fire, while the vehicle was being driven by a chauffeur named Choi.

The family expressed significant concerns about the accident’s cause based on the telematics data retrieved from the vehicle. The information indicated the vehicle was driven for six seconds while the accelerator pedal was depressed at 100% displacement.