Dec 31 (Reuters) – Chinese gaming and social media company Tencent Holdings Ltd (0700.HK) has taken a small stake in Britain’s Monzo as part of a fundraising, the digital bank said on Friday, just weeks after it fetched a valuation of $4.5 billion. Monzo did not disclose details of Tencent’s stake, but Sky News earlier… Continue reading China’s Tencent builds stake in UK digital bank Monzo
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Tesla recalls some model 3 and model S vehicles in China
BEIJING, Dec 31 (Reuters) – China’s market regulator said on Friday that Tesla Inc (TSLA.O) will recall 19,697 imported model S vehicles, 35,836 imported model 3s, and 144,208 China-made model 3 vehicles in China. Tesla is recalling these electric cars produced during certain period of time due to possible security risks, according to a post… Continue reading Tesla recalls some model 3 and model S vehicles in China
China’s Huawei says 2021 revenues down almost 30%, sees challenges ahead
A Huawei logo is seen at the Mobile World Congress (MWC) in Shanghai, China February 23, 2021. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com Register BEIJING, Dec 31 (Reuters) – Chinese telecoms equipment giant Huawei Technologies Co Ltd (HWT.UL), battered by U.S. sanctions, expects 2021 revenue to have declined nearly 30%… Continue reading China’s Huawei says 2021 revenues down almost 30%, sees challenges ahead
Tesla recalls almost half a million electric cars over safety issues
Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register SAN FRANCISCO, Dec 30 (Reuters) – Tesla Inc (TSLA.O) is recalling more than 475,000 of its Model 3 and Model S electric cars to… Continue reading Tesla recalls almost half a million electric cars over safety issues
Evergrande NEV starts first mass production -sources
A view of the electric vehicle (EV) factory of China Evergrande New Energy Vehicle Group in Tianjin, China October 20, 2021. Picture taken October 20, 2021. REUTERS/Yilei Sun Register now for FREE unlimited access to Reuters.com Register SHANGHAI/HONG KONG, Dec 30 (Reuters) – China Evergrande New Energy Vehicle Group (0708.HK) started its first mass production… Continue reading Evergrande NEV starts first mass production -sources
Foreign carmakers interested in Ford plant in India – state minister
A visitor is reflected as he takes pictures of a Ford Aspire car during its launch in New Delhi, India, October 4, 2018. Picture taken October 4, 2018. REUTERS/Anushree Fadnavis Register now for FREE unlimited access to Reuters.com Register CHENNAI, Dec 30 (Reuters) – Foreign automakers have indicated an interest to the government of India’s… Continue reading Foreign carmakers interested in Ford plant in India – state minister
Tesla recalls nearly half a million cars over safety issues
Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register Dec 30 (Reuters) – Tesla Inc (TSLA.O) is recalling more than 475,000 of its Model 3 and Model S electric cars to address rearview… Continue reading Tesla recalls nearly half a million cars over safety issues
Tesla recalls over 475,000 electric vehicles
By Reuters Staff 1 Min Read Dec 30 (Reuters) – Tesla Inc is recalling over 475,000 Model 3 and Model S electric cars, the U.S. safety regulator said. For Model 3 sedans, rearview cameras mounted on these units might malfunction, increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration (NHTSA) said.… Continue reading Tesla recalls over 475,000 electric vehicles
Didi revenue falls as China’s regulatory crackdown hits business
A sign of Chinese ride-hailing service Didi is seen on its headquarters in Beijing, China July 5, 2021. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.com Register Dec 29 (Reuters) – China’s ride-hailing firm Didi Global on Wednesday reported a 1.7% decline in third-quarter revenue, as its domestic business took a hit from… Continue reading Didi revenue falls as China’s regulatory crackdown hits business
SenseTime shares jump 23% in Hong Kong debut
The logo of SenseTime is seen at SenseTime office, in Shanghai, China December 13, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register Dec 30 (Reuters) – SenseTime Group (0020.HK) shares jumped as much as 23% from their initial public offering (IPO) price as they debuted on the Hong Kong Stock Exchange… Continue reading SenseTime shares jump 23% in Hong Kong debut