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Volkswagen and ride-hailing giant Didi Chuxing are close to unveiling a joint venture to share technology and develop shared-mobility services in China......»»

Their objections to budget cuts have nothing really to do with who is best positioned to fight. It's about losing out on .....»»

Biden Talks Tough On China; Beijing Says US Defense Budget Reflects "Sick Psychology"  President Joe Biden addressed a joint sessio.....»»

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.....»»

TSMC's board of directors has approved a budget of about US$2.89 billion for installation of mature technology capacity, the pure-play foundry announced on April 22......»»

TSMC has allocated a budget of almost of US$3 billion for expanding capacity of mature process technology. But until the capacity comes on line, mature process capacity will remain tight throught at least .....»»

Volkswagen’s joint venture with China’s oldest car maker will buy green car credits from Tesla to meet local environmental rules, according to a report from Reuters......»»

Xiaomi said it would develop smart electric vehicles through a wholly-owned subsidiary led by Xiaomi CEO Lei Jun. Xiaomi CEO Lei Jun. Zhang Wei/China News Service/Visual China Group via Getty Images Chinese phone-maker Xiaomi plans t.....»»

Whether the vehicle will be sold as a pure plug-in hybrid or still partly as a combustion engine depends on the market, the comp.....»»

Atlanta car dealer Jim Ellis Automotive is proposing a larger new Volkswagen dealership and car museum in Chamblee. The company wants to develop the new facility on 2.7 acres of its 10.7-acre property at 5855 Peachtree Boulevard, adjacent to the ex.....»»

A joint venture between Volkswagen AG (OTC: VWAGY) and China’s state-owned First Automobile Works delivered its first electric sports utility vehicle — the SUV ID.4 Crozz — to 12 customers over the weekend in Shenzhen. read more.....»»

From a smuggling ring in China to a purported biotech exec in Washington State, bad actors are hawking fake coronavirus vaccines and treatments. Vials of undiluted Pfizer COVID-19 vaccine are prepared to.....»»

Tesla Inc (NASDAQ: TSLA) Model 3 is facing stiff competition in China from a budget electric vehicle built under a joint venture with General Motors Company (NYSE: GM) as a partner, BBC  read more.....»»

The people’s car may take to the sky in China. The German automaker has said that it is developing a drone that would take to the air to ferry passengers and goods......»»

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.....»»

Europe overtook China in 2020 to become the world’s largest market for electric vehicles, amid a pedal-to-the-metal push to increase EV adoption from governments and supercharged demand from consumers......»»

Volkswagen, Germany’s largest company, knows where its future lies. The Wolfsburg-based giant, with quarterly revenues of $69 billion, has committed $91bn to electric vehicles (also shortened to NEVs, or new energy vehicles)… The po.....»»

Huawei Technologies has signed a framework agreement with China-based automaker Chery Automobile for joint development of smart solutions for automobiles, according to Chinese media reports......»»

China's handset vendors reportedly are ready launch an array of 5G high-end and budget phones starting January, seeking to recover lost ground from Apple's iPhone 12 lineup, according to industry sources......»»

The restaurant exec also discusses how discusses how pizza plays different in Shanghai. (Miss this week’s The Leadership Brief? This .....»»