Electric Vehicles

Chinese EV makers set sight on state-owned capitals.

Korean automakers agreed to invest USD 300 million in Ola in March.

China’s answer to Tesla saw its shares plunging to a record low after the announcement.

Tencent’s proposal is part of its further expansion in other sectors.

Indonesia’s largest taxi operator launched a fleet of 30 electric vehicles in May.

To achieve the ambitious targets broader energy sector policy reforms are needed.

The Chinese auto maker, which is to further reduce 1,200 people, will welcome Zhang Lei in September.

Issues discovered include substandard quality, insufficient electrical insulation, and a lack of maintenance.