According to data from auto consultancy firm LMC Automotive, Tesla Inc’s China car registrations have shot up by 450% in March to touch 12,709 units in March, up from 2,314 in February. This is in contrast to the overall auto sales in China which has plunged by 43.4% in March, with the coronavirus pandemic continuing…
In a significant development that underscores a growing trend of companies leaving China and relocating to neighboring countries, Samsung Electronics Co Ltd stated, it has stopped the production of mobile telephones in China. The permanent shuttering of Samsung’s last China phone factory comes in the wake of it cutting production volumes at its plant in…
In a statement, Ford Motor Co said it will produce 50,000 ventilators over the next 100 days from its plant in Michigan in collaboration with General Electric’s healthcare unit. Following this, it can build 30,000 ventilators per month so as to treat patients afflicted with China’s Wuhan coronavirus. The simplified ventilator design, licensed by GE…
In a statement Tesla Inc said, starting from March 24 it will suspend production at its California vehicle factory so as to comply with local orders aimed at curbing the spread of coronavirus. Tesla’s New York factory will also temporarily suspend production, while operations at its Nevada plant will continue. “Despite taking all known health…
On Tuesday, Boeing Co stated, BBAM, a lessor, had ordered three 737-800 converted freighters to service the growing e-commerce market and the express sectors of the air cargo market. The planes, which will be converted, will come from BBAM’s existing fleet. “This agreement shows how we can serve our customers by delivering efficient and reliable…
On Thursday, BMW’s spokesman stated, the carmaker will ramp up its capacities for producing drivetrain components for electric cars at its key Dingolfing plant. Dingolfing is located at around 50 miles (85 kilometers) northeast of Munich and is the group’s largest vehicle production site in Europe; it produces components for most of its electric cars.…
European carmaker Volkswagen electric vehicle strategy is playing itself out, with the carmaker’s electric offensive picking up speed, as planned. In September 2019, VW unveiled its new all-electric ID.3 and in November production commenced at its Zwickau electric vehicle plant. With this major milestone under its belt, the Volkswagen brand is set to play a…
In a statement, South Korea’s LG Chem and General Motors Co disclosed, they plan on investing $2.3 billion to build an electric vehicle battery cell joint venture plant in Ohio, in what is stated to be one of the biggest battery facilities in the world. The plant, which will be built near GM’s closed assembly…
Amnesty International’s report details how booby-trapped text messages were used to collect information stored locally on cellphones. A research by Amnesty International has uncovered that hackers armed with sophisticated spying software have been targeting Moroccan human rights activists midst a government crackdown on protests in recent years. The report released by the British non-profit human…
It is interesting to note that Tesla is not sourcing its batteries from China but has instead opted to import them from South Korea’s LG Chem to keep its Gigafactory in Shanghai running. On Friday, as per a Bloomberg report report citing sources familiar with the matter at hand, Tesla Inc has agreed to purchase…
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