Media Source : Bloomberg Western automakers are paying up for minority stakes in Chinese EV companies to gain access to their technology. Bloomberg News November 9, 2023 VW, Stellantis Pay Up for Chinese Tech Two recent deals between legacy auto giants and Chinese electric vehicle upstarts have upended the traditional...
Media Source : Fortune by LIONEL LIM October 27, 2023 at 5:13 PM GMT+8 Tesla CEO Elon Musk could be getting some good news on the regulatory front, following weeks of bad headlines for him and his EV company. Earlier this month, the European Union officially announced a probe...
Media Source : CNBC 26 OCT 2023 by Arjun Kharpal KEY POINTS •Stellantis on Thursday said it will invest 1.5 billion euros ($1.58 billion) in Chinese electric vehicle startup Leapmotor. •Stellantis is looking to boost its presence in China, where it is a small player, while Leapmotor has ambitions to...
Media Source : Reuters October 26, 2023 Summary: •Stellantis to acquire 21% stake in EV maker Leapmotor •JV to build and sell Leapmotor products outside China •Deal gives Stellantis crucial foothold in China •Leapmotor shares slide 11%, reversing initial 11% jump HANGZHOU/MILAN, China, Oct 26 (Reuters) - Stellantis said on Thursday it...
Media Source : BBC Asia Business Report October 2023 Click here to the audio link Report highlights BYD’s rising presence in the international markets. The segment features commentary from Cheng Siak Kian, Managing Director of ComfortDelgro in Singapore. Bill Russo comments on BYD’s origins as a battery company...
Media Source : CNN By Eric Cheung Updated 7:03 AM EDT, Wed October 18, 2023 Nvidia CEO Jensen Huang (left) and Foxconn Chairman Young Liu (right) speak at the latter's annual tech day in Taipei on October 18. Taipei (CNN) — Taiwan’s Foxconn says it plans to build artificial intelligence...
Media Source : The New York Times 11 OCTOBER 2023 China is the largest oil importer by far from Saudi Arabia and from Iran, highlighting the risk it faces if the war in Israel and Gaza were to broaden. By Keith Bradsher Reporting from Beijing China has cast itself as...
Media Source : Fortune by LIONEL LIM October 9, 2023 at 4:20 PM GMT+8 Tesla sold 10% fewer cars in China last month compared to the same period a year earlier, according to the China Passenger Car Association. COSTFOTO—NURPHOTO VIA GETTY IMAGES Last week, Tesla reported its first quarter-on-quarter...
Media Source : South China Morning Post The home market flooded, manufacturers in China are ready to roll out their extensive offerings in the continent – the ‘last open market’ But the doors may already be closing with a European investigation into claims of unfair...
Media Source : Bloomberg Tesla’s revamped Model 3 Source: Tesla Inc. Four-door sedan comes with sportier look, longer range Automaker slashes price of premium models in China, US By Bloomberg News September 1, 2023 at 9:27 AM GMT+8 Updated on September 1, 2023 at 1:33 PM GMT+8 Tesla Inc. unveiled...