Tesla CEO Elon Musk has headed to China on Sunday on a surprise visit to the country, which is also the second biggest market of the electric vehicle giant, news agency Reuters reported citing two people with knowledge of the matter. Read further on Dynamite News:
China’s Great Wall Motor said it will invest 11.5 billion yuan ($1.81 billion) over the next decade to build electric vehicles in Brazil where its has taken over a factory from Daimler AG .
Auto industry executives are rattled by a global shortage of semiconductors which is hitting production in China, after hoping the world’s biggest car market could spearhead global recovery in the sector.
President Donald Trump on Saturday took a swipe at China saying it wants to “badly” chalk out an agreement with his country.
The National Meteorological Center here on Saturday issued an orange alert as Typhoon Lekima.
Equity benchmark BSE Sensex on Thursday tanked over 200 points in early trade on concerns over weak core industrial growth data and sustained foreign fund outflows.
At least nine people are believed to be trapped under the debris of a building that collapsed in Shanghai’s Changning district.
“I must say I felt overall actually pretty good. So I’m happy about that. It’s definitely something I can build on now for Basel and then for London and maybe Paris. I’m happy how the body has felt this week,” he added.
Prime Minister Narendra Modi reached Qingdao city in China’s Shandong Province on Saturday afternoon to attend two-day 18th Shanghai Cooperation Organisation (SCO) Summit.
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