Uncategorized – Page 211 – I wish I had more to offer

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TAIPEI, April 10 (Reuters) – Taiwanese chipmaker TSMC (2330.TW) said on Monday it is communicating with Washington about its “guidance” for a law designed to boost U.S. semiconductor manufacturing that has sparked concerns about subsidy criteria. Conditions for subsidies include sharing excess profit with the U.S. government, and industry sources have said the application process… Continue reading Untitled

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Tesla to build Shanghai gigafactory to make energy storage product – Xinhua, article with image

SHANGHAI, April 9 (Reuters) – Tesla Inc (TSLA.O) will build a gigafactory in Shanghai to make the Megapack energy storage product, Chinese state media outlet Xinhua reported on Sunday. Elon Musk’s automaker will break ground on the plant in the third quarter and start production in the second quarter of 2024, Xinhua reported from a… Continue reading Tesla to build Shanghai gigafactory to make energy storage product – Xinhua, article with image

Foxconn plans $800 mln investment in southern Taiwan, article with image

TAIPEI, April 9 (Reuters) – Foxconn (2317.TW) is planning to invest T$25 billion ($820 million) in the next three years in new manufacturing facilities in southern Taiwan to support its electric vehicle (EV) ambitions, the company said on Sunday. The company, formally called Hon Hai Precision Industry Co Ltd, said the investments in Kaohsiung will… Continue reading Foxconn plans $800 mln investment in southern Taiwan, article with image

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Tesla hit with class action lawsuit over alleged privacy intrusion, article with image

SAN FRANCISCO, April 7 (Reuters) – A California Tesla owner on Friday sued the electric carmaker in a prospective class action lawsuit accusing it of violating the privacy of customers. The lawsuit in the U.S. District Court for the Northern District of California came after Reuters reported on Thursday that groups of Tesla employees privately… Continue reading Tesla hit with class action lawsuit over alleged privacy intrusion, article with image

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SHANGHAI, April 8 (Reuters) – Chinese search engine giant Baidu (9888.HK), has filed lawsuits against “relevant” app developers and Apple Inc (AAPL.O) over fake copies of its Ernie bot app available on Apple’s app store. The company’s artificial intelligence powered Ernie bot, launched last month, has been touted as China’s closest answer to the U.S.-developed… Continue reading Untitled

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WASHINGTON, April 7 (Reuters) – Used electric vehicle sales in the United States rose 32% in the first three months of 2023 as prices fell, data provider Cox Automotive said on Friday. The group said the average retail listing prices for used EVs was around $43,400, down 4% from the same quarter last year and… Continue reading Untitled

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WASHINGTON, April 7 (Reuters) – Tesla (TSLA.O) is recalling just over 400 Model 3 vehicles in the United States because front suspension lateral link fasteners may loosen. Tesla will tighten or replace the lateral link fasteners to address the issue that could allow the lateral link to separate from the sub-frame. Tesla said it has… Continue reading Untitled