HKIC kicks off direct startup investments after partnership with AI unicorn SmartMore

Hong Kong Investment Corporation (HKIC), the government-owned investment firm that manages HK$62 billion ($7.94 billion), has formed a strategic partnership with the city’s homegrown artificial intelligence (AI) unicorn SmartMore. This partnership comes as HKIC, widely perceived as the city’s version of Singapore’s Temasek Holdings, is set to make its first batch of widely-anticipated startup investments… Continue reading HKIC kicks off direct startup investments after partnership with AI unicorn SmartMore

Musk claims he is heading for victory in Tesla $56bn pay vote

Standard Digital Weekend Print + Standard Digital wasnow ₩75,700 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated… Continue reading Musk claims he is heading for victory in Tesla $56bn pay vote

Optimus gets to work, a new BYD, EV forecasts, and go karts | Quick Charge

Tesla tweeted news that it has two autonomous Optimus robots working at its factory, BYD announces a new, RWD hot hatch, EV sales are building towards future growth, and there’s a new, internationally recognized electric karting championship coming to the US. All this and more on today’s exciting episode of Quick Charge. And the best… Continue reading Optimus gets to work, a new BYD, EV forecasts, and go karts | Quick Charge

Cleantechnica: Tesla Vote On Elon Musk Compensation More Complicated Than You Thought 003458

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! I will admit — based on the various headlines and articles I read about Elon Musk’s canceled compensation packet, I thought it was a pretty simple case: Elon Musk received, by far, the biggest CEO comp package in history,… Continue reading Cleantechnica: Tesla Vote On Elon Musk Compensation More Complicated Than You Thought 003458

Ahead of Tesla’s big shareholder vote, let’s re-read the judge’s opinion that got us here

There has been a silly amount of drama in the run-up to Tesla‘s annual shareholder meeting on Thursday. The company is set to hold a vote on “re-ratifying” the $56 billion compensation package awarded to Elon Musk in 2018, which was struck down by a Delaware Chancery Court judge earlier this year. It will also… Continue reading Ahead of Tesla’s big shareholder vote, let’s re-read the judge’s opinion that got us here

Ford’s secretive, low-cost EV team is growing with talent from Rivian, Tesla and Apple

There has been a lot of chaos recently in the world of electric vehicles, and Ford has capitalized on it to build out its secretive low-cost EV team. A TechCrunch review of LinkedIn data found that Ford has built this team up to around 300 employees over the last year. That includes around 50 coming… Continue reading Ford’s secretive, low-cost EV team is growing with talent from Rivian, Tesla and Apple

Honda undercuts Tesla Model Y after slashing Prologue EV lease prices to $399/mo

After introducing new incentives, the Honda Prologue EV is now cheaper to lease than Tesla’s Model Y. Honda believes the Prologue hits the “sweet spot” of the electric SUV market at the right price. Can it compete with Tesla’s best-selling Model Y? After kicking off production of its first global electric SUV in February, the… Continue reading Honda undercuts Tesla Model Y after slashing Prologue EV lease prices to $399/mo

Tesla could get special duties as part of higher China EV tariffs, EU says

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  David Swanson | Reuters Tesla could be hit with a specially calculated duty on its cars produced in China and imported… Continue reading Tesla could get special duties as part of higher China EV tariffs, EU says

German FAZ: The EU is significantly increasing tariffs on Chinese electric cars007094

The European Commission is imposing punitive tariffs on certain electric cars from China. The EU Commission announced on Wednesday that models from BYD, Geely and SAIC were affected. An import tariff of 17.4 percent should apply to BYD, 20 percent to Geely and 38.1 percent to the state-owned Chinese Volkswagen partner group SAIC. All other… Continue reading German FAZ: The EU is significantly increasing tariffs on Chinese electric cars007094

German FAZ: The EU is significantly increasing tariffs on Chinese electric cars007094

The European Commission is imposing punitive tariffs on certain electric cars from China. The EU Commission announced on Wednesday that models from BYD, Geely and SAIC were affected. An import tariff of 17.4 percent should apply to BYD, 20 percent to Geely and 38.1 percent to the state-owned Chinese Volkswagen partner group SAIC. All other… Continue reading German FAZ: The EU is significantly increasing tariffs on Chinese electric cars007094