• Tesla Shanghai to roll out cars by year end

    Tesla's Global Vice President Tao Lin said on Tuesday that construction of its Shanghai factory is mostly complete, with possible car delivery by the end of this year.  The new plant, Tesla's first outside the United States, is located in the Lingang Area, a modern manufacturing park on the ......view more

  • China encourages pilot no-go areas for fossil fuel cars

    China, the world's largest vehicle market, will support regions that pilot areas off limits to fossil fuel cars amid efforts to create a timetable for phasing out polluting vehicles. In a statement, the Ministry of Industry and Information Technology said buses and taxis will be encouraged to int......view more

  • Chinese robotics firms gain wider global recognition at world robotics show

    Chinese robotics companies are gaining increasing international recognition thanks to technological breakthroughs achieved over the years and stronger cooperation with overseas participants, especially involving industrial and services robots, experts and company representatives said on Wednesday. ......view more

  • Softbank takes £380m write-down on satellite investment

    Softbank has taken a £380 million hit on its 47% stake in UK satellite company OneWeb. OneWeb plans to launch a 600 satellite constellation to deliver internet services. It has so far launched six. From December onwards it plans to launch 30 satellites a month.......view more

  • Tech Finance - AP Explains: US sanctions on Huawei bite, but who gets hurt?

    Chinese technology giant Huawei has yet to feel the full force of U.S. sanctions due to temporary exemptions and other uncertainties. Nonetheless, Huawei founder Ren Zhengfei says he expects no permanent relief because of the political climate in Washington. In an interview with The Associ......view more

  • Tech Finance - Global Stimulus & Huawei Relief Boost Markets: ETFs in Focus

    The Sino-U.S. trade war, slowing global economy and Brexit uncertainty have been keeping investors on their toes. In such a scenario, a stimulus to boost the economies was much awaited. Cheering investors globally, China and Germany recently announced some measures to boost their economies. Moreo......view more

  • Audi e-tron is the First Electric Vehicle to Earn a Top Safety Pick from IIHS

    The Audi e-tron 2019 large SUV earned a Top Saftey Pick+ award from the Insurance Institute for Highway Saftey, marking the first time a battery-electric vehicle made it on the list.  The e-tron, which Audi launched for the first time in 2019, is a plug-in battery-electric SUV that has ......view more

  • Imagination may need cash injection

    Imagination says it may need another cash injection from its Chinese-owned private equity owner Canyon Bridge. ‘The continuing uncertainty over Imagination’s relationship with Apple, and the level of cash receipts that will be received in the future from Apple, may result in the com......view more

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