Electric Vehicles

China’s answer to Tesla saw its shares plunging to a record low after the announcement.

Tencent’s proposal is part of its further expansion in other sectors.

Indonesia’s largest taxi operator launched a fleet of 30 electric vehicles in May.

To achieve the ambitious targets broader energy sector policy reforms are needed.

The Chinese auto maker, which is to further reduce 1,200 people, will welcome Zhang Lei in September.

Issues discovered include substandard quality, insufficient electrical insulation, and a lack of maintenance.

Indian government scraps plan to abruptly ban the sales of gasoline cars, a major contributor to its GDP and jobs.