China’s electric vehicle (EV) industry is experiencing explosive growth, with production capacity surging at a pace exceeding …
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Tech news
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FeatureIndustry & TradeInternational NewsNewsTech newsTech/AI
Volkswagen vows to hold ground in China’s EV price war
by Nada Aliby Nada AliVolkswagen, facing intense competition in China’s electric vehicle (EV) market, is setting a target to maintain its …
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FeatureIndustry & TradeInternational NewsNewsTech news
Japan’s Asahi Kasei to build $1.3b EV battery plant in Canada
by Nada Aliby Nada AliJapanese chemical company Asahi Kasei plans to construct a new $1.3 billion plant in Canada to manufacture …
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FeatureIndustry & TradeInternational NewsNewsTech newsTech/AI
iPhone sales drop 19% in China during Q1
by Nada Aliby Nada AliApple Inc.’s iPhone sales in China fell significantly during the first quarter of 2024, with 19 per …
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FeatureInternational NewsNewsTech newsTech/AI
China obtains banned Nvidia AI chips through resellers
by Nada Aliby Nada AliChinese universities and research institutes have acquired high-end Nvidia artificial intelligence (AI) chips despite a recent US …
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Tesla’s shares tumbled more than three per cent in pre-market trading on Monday, as concerns about profitability …
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FeatureInternational NewsNewsTech newsTech/AI
SoftBank to inject $960m into Japan’s AI development race
by Nada Aliby Nada AliSoftBank is investing $960 million by 2025 to enhance its computing capabilities and become a leader in …
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FeatureIndustry & TradeInternational NewsNewsTech newsTech/AI
China’s EV market to see price war due to oversupply
by Nada Aliby Nada AliChina’s electric vehicle (EV) market is expected to see a fierce price war erupt this year as …
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Egypt NewsFeatureIndustry & TradeNewsTech newsTech/AI
S. Arabia’s WAJA, AOI partner to build EVs in Egypt
by Nada Aliby Nada AliSaudi Arabia’s WAJA signed a partnership with the Arab Organisation for Industrialisation (AOI) to establish an electric …
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FeatureTech news
Tesla slashes self-driving software price to $8K in US
by Aya El Sayedby Aya El SayedTesla reduced the price of its Full Self-Driving (FSD) driver assistant software from $12,000 to $8,000 in …
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