Source: Tech – South China Morning PostShanghai, home to Tesla’s largest production base, wants to expand manufacturing capacity for automotive chips to support the rapid growth of smart electric vehicles (EVs).The mayor of Shanghai municipality, Gong Zheng, said after the annual session of the city’s legislature on Sunday that the local government is pinning hopes on the new-energy vehicle (NEV) sector to drive its economy, and that “allocating resources for increasing the capacity of automotive chips” would help that goal.“We hope…Read More