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Tesla"s Latest China Rival Xiaomi Registers Record Bookings For Its EV: Report
Xiaomi's SU7 electric sedan reportedly racks up 75,723 orders, eyeing 10,000 deliveries in June. Founder Lei Jun sets record targets at Beijing auto show, marking a milestone for EV startups. read more.....»»
Apple CEO Tim Cook"s Vietnam Visit Signals Increased Commitment To Local Partners, Promise Of Increased Investment In China Rival: Report
Apple CEO Tim Cook is reportedly planning to enhance the company's commitments in Vietnam. read more.....»»
Vietnam wants to take China"s place as a new factory of the world — but a $12 billion financial fraud case is getting in the way
Vietnamese real-estate tycoon Truong My Lan was sentenced to death for her role in a $12.5 billion fraud case. Vietnamese property tycoon Truong My Lan looks on at a court in Ho Chi Minh city on April 11, 2024.STR/AFP via Getty .....»»
Nio Grabbed 23% Share Of China"s All-Electric SUV Market In April, Ahead Of Tesla"s 17%
Nio Inc (NYSE: NIO) grabbed the largest market share in China’s all-electric SUV market in April, higher than its U.S.-based rival Tesla Inc (NASDAQ: TSLA), according to China Automotive Technology and Research Cente read more.....»»
Tesla has scrapped plans to expand its Shanghai Model 3 factory, and will slow production in China because of US-Beijing tensions, according to a report
The expanded Shanghai plant, which makes Model 3 and Model Y cars, would have allowed Tesla to produce 200,000 extra vehicles, sources told Reuters. Elon Musk walks with former Shan.....»»
Cathie Wood Loads Up Another $28M Worth Of Shares In Alibaba Rival JD.Com
Cathie Wood-led Ark Investment Management on Friday bought 366,879 shares, worth about $27.7 million, in JD.com Inc (NASDAQ: JD), a key rival to Alibaba Group Holding (NYSE: BABA) in the e-commerce space in China. read more.....»»
Stocks & Bonds Sink As BLS Website Crash Sparks Inflation Anxiety
Stocks & Bonds Sink As BLS Website Crash Sparks Inflation Anxiety After China's factory inflation surprised to the upside wi.....»»
After Unprecedented Delay, BLS Admits Huge Jump In Producer Prices In March
After Unprecedented Delay, BLS Admits Huge Jump In Producer Prices In March After China's factory inflation surprised to the upside with the hottest print since July 2018, this morning's US producer price data was highly anticipated and .....»»
Tesla deliveries no longer growing despite China factory, says GLJ Research
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Biden Floats Rival Plan To China"s "Belt & Road" In Call With UK"s Johnson
Biden Floats Rival Plan To China's 'Belt & Road' In Call With UK's Johnson In a Friday phone call between President Biden and Br.....»»
Nio Sold $31M Factory Equipment To Tesla To Get Through A Difficult Time
Nio Limited’s (NYSE: NIO) sale of RMB 200 million (about $31 million) worth of factory equipment to rival Tesla Inc. (NASDAQ: TSLA) helped the Chinese electric vehicle maker to get through its toughest time in 2 read more.....»»
Elon Musk-Backed Facebook Rival — Signal — Becomes Inaccessible In China
Signal, a messaging app that rivals Facebook Inc’s (NASDAQ: FB) WhatsApp, has stopped working in China, CNBC reported Tuesday. read more.....»»
Beijing Orders Alibaba To Dump Media Assets That Rival China"s Propaganda Machine
Beijing Orders Alibaba To Dump Media Assets That Rival China's Propaganda Machine Beijing is reviving its crackdown on the country's biggest tech firms, reminding the world that the CCP is still focused on neutraliz.....»»
China"s rival to Boeing 737 Max drifts closer to North America with Canada tests
Though a China-made aircraft, the C919 uses many of the same aerospace suppliers in North America that Boeing does for key components and the jet has several suppliers in the Puget Sound region......»»
Coretronic expects 10-20% shipment growth in 2021
Backlight unit (BLU) maker Coretronic expects to post a 10-20% shipment increase in 2021, thanks to increasing output for energy-saving applications from its factory sites in Vietnam and China......»»
Tesla Supercharger Factory In China Appears To Begin Operations
One of Tesla Inc's (NASDAQ: TSLA) biggest advantages.....»»
China is rolling out new uniforms to make troops on disputed South China Sea islands more comfortable
China is working to improve soldiers' quality of life on remote stations in disputed areas of the South China Sea. Chinese People's Liberation Army Navy personnel patrol at Fiery Cross Reef, in the Spratly Islands, Feb.....»»
China battery recycling plant hit by expolosion
Hunan Brunp Recycling Technology, the largest Chinese company that recycles lithium batteries, saw an explosion at a factory in Changsha, central China, according to local media reports......»»
Fire strikes Walsin MLCC plant in China
A fire broke out at Taiwanese passive component maker Walsin Technology's factory site in Dongguan, China on January 13, but the company estimates no material impact from the accident......»»
China"s factory sector rose in December, sustained pre-Covid levels
Activity in China’s factory sector rose in December as the world’s second-largest economy sustained its recovery to pre-pandemic levels, a business survey showed on Monday, however, increasing cost pressures slowed the pace of expansion......»»