Chinese manufacturer – Charm

Tesla short sellers land a $16.2bn payday on stock plunge as rival BYD hits record high on world’s fastest EV recharging tech

BYD hit a record-high market cap of nearly $160 billion thanks to its latest innovation, while a steep drop in the share price of Elon Musk’s carmaker has lined the pockets of Tesla bears. Musk’s politics appear to be hurting his business, since “it’s not people with cowboy boots who buy Teslas.” Tesla bulls have…

US govt may propose ban on Chinese software, hardware in autonomous vehicles: Report

Cs news9 months ago03 mins

The US Commerce Department is expected to propose new rules aimed at banning Chinese hardware and software in connected and autonomous vehicles on US roads. According to a report by Reuters, the move, driven by national security concerns, would prohibit the import and sale of vehicles from China with communication or automated driving system components….