Tag: Tesla

My Visit To Mobike Headquarters And What I Learned From Founder Hu Weiwei

In late July, I did a tour of Mobike’s headquarters in Beijing – and I had a fascinating talk with founder Hu Weiwei and VP of International Expansion Chris Martin. It was a fantastic experience and I left with a much better appreciation of the rocket-ship ride the company has been on. I am writing… Continue reading My Visit To Mobike Headquarters And What I Learned From Founder Hu Weiwei

LeEco Founder Jia Yueting Sells Stake In US EV Firm Lucid Motors

Amidst an ongoing liquidity crisis, the founder of Chinese tech conglomerate LeEco has sold his stake in Menlo Park, California-based electric vehicle company Lucid Motors. Jia Yueting, who once dreamed of creating a Chinese tech juggernaut combining the attributes of Netflix, Apple and Tesla, revealed the news of his divestment last week during an especially… Continue reading LeEco Founder Jia Yueting Sells Stake In US EV Firm Lucid Motors

New Taxify Category

Estonian Parliament recently accepted a new transportation law, which set same rules for both private and taxi drivers. Taxify will now merge Private and Taxi categories into a New Taxify category that will provide the biggest fleet in Tallinn and the fastest arrival times. Ride prices are now calculated with the Taxify app and all cars will follow the same quality… Continue reading New Taxify Category

LeEco Founder Jia Yueting Placed On Defaulters List After Ignoring Chinese Court Order

Jia Yueting, the founder of troubled Chinese technology conglomerate LeEco, has been placed on a national list of defaulters after failing to comply with a court order related to unpaid debts, according to Chinese media reports. The news is the latest setback for a business leader who once dreamed of creating a Chinese tech juggernaut… Continue reading LeEco Founder Jia Yueting Placed On Defaulters List After Ignoring Chinese Court Order

China’s Baidu Rumored To Lead $140M Round In Electric Vehicle Start-up WM Motor

Chinese Internet company Baidu Inc. is reportedly leading a new funding round of roughly RMB1 billion (US$140 million) in WM Motor, an electric vehicle start-up founded by Freeman Shen, the former chairman of Volvo Car Group China. Tencent Holdings Ltd., which also backs WM Motor’s rival NIO, is reportedly aiming to co-lead the round, according… Continue reading China’s Baidu Rumored To Lead $140M Round In Electric Vehicle Start-up WM Motor

Volkswagen To Invest $12B To Launch 40 EV Models In China By 2025

Automotive manufacturer Volkswagen AG has said it will invest over US$12 billion by 2020 with its Chinese partners to launch as many as 40 new electric and hybrid vehicle models in China by 2025. The first of the new models could enter the Chinese market as early as next year, Jochem Heizmann, the head of… Continue reading Volkswagen To Invest $12B To Launch 40 EV Models In China By 2025

After Three Years In China: What Are Tesla’s Hits And Misses?

After opening its first showroom in Beijing in November 2013, Tesla has been expanding in the Chinese market for three years. Its Model S and Model X are regularly seen on the streets of Beijing and Shanghai, and Tesla Supercharger stations have dotted major cities in the country. Despite falling way short of company chief… Continue reading After Three Years In China: What Are Tesla’s Hits And Misses?