RORA08

Exclusive: Geely plans to turn London black cab maker into powerhouse

COVENTRY, England, Jan 23 (Reuters) – China’s Geely (0175.HK) is planning a big investment to transform the maker of London’s iconic black cabs into a high-volume all-electric brand with a range of commercial and passenger vehicles, unit leaders told Reuters. London Electric Vehicle Company (LEVC) is also aiming to expand its range of services, which …

Exclusive: Geely plans to turn London black cab maker into powerhouse Read More »

Taiwan fines Foxconn for unauthorized investment in China

TAIPEI, Dec 17 (Reuters) – The Taiwanese government said on Saturday it would fine Foxconn (2317.TW), the world’s largest contract electronics maker, for an unauthorized investment in a chipmaker Chinese, even after the Taiwanese company announced that it would sell the strikes. Taiwan has been wary of China’s ambition to boost its semiconductor industry and …

Taiwan fines Foxconn for unauthorized investment in China Read More »

Musk delivers first Tesla truck, but no updates on production, pricing

Tesla ships first Semi to PepsiCo five years after unveiling it No details on orders or capacity for electric trucks Semi uses existing Tesla cars to come up with a new Supercharger Dec 1 (Reuters) – Tesla Inc’s (TSLA.O) chief executive Elon Musk delivered the company’s first heavy-duty tractor-trailer to PepsiCo (PEP.O) on Thursday without …

Musk delivers first Tesla truck, but no updates on production, pricing Read More »