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The Greater China region, including Hong Kong and Taiwan, created 182 new billionaires in the year to Jan 31, taking its total to 799, according to the 2020 Hurun Global Rich List released on Feb 26. That compares with 59 new US billionaires.
Panasonic Corp plans to exit solar cell production at Tesla Inc's New York plant, the latest sign of strain in a partnership where Panasonic's status as the US electric vehicle maker's exclusive battery supplier nears its end.
As automotive brands prepare for the upcoming Geneva Motor Show, or plan to follow the current trend and skip it altogether, Volvo’s luxury marque unveiled a new all-electric concept vehicle a week ahead of time during a live video broadcast on Feb 25.
Autonomous driving firm Pony.ai said on Feb 26 it has raised US$462mil (RM1.95bil) in its latest funding round, led by an investment by Japan's largest automaker Toyota Motor Corp.
US crash investigators faulted Tesla Inc’s Autopilot system and the driver’s distraction by a mobile device for a fatal accident in 2018 and called on Apple Inc and other mobile phone makers to do more to keep motorists’ attention on the road.
On Jan 21, 2019, Michael Casuga drove his new Tesla Model 3 southbound on Santiago Canyon Road, a two-lane highway that twists through hilly woodlands east of Santa Ana, California.
SHANGHAI (Xinhua): Shanghai's Pudong New Area has introduced a series of supportive policies, including rent reduction and exemption to help companies resume production and reduce the fallout from the coronavirus outbreak, according to local authorities.
Chinese automaker Geely has launched a service for customers to buy cars online and get them delivered directly to their homes.
Tesla Inc got approval from a German court on Feb 20 to continue to cut down forest near the capital Berlin to build its first European car and battery factory, in a defeat for local environmental activists.