Ah, to be in your early 40s and have about 1 billion yuan ($155 million) burning a hole in your pocket! That is exactly what’s happening with Xiaopeng Motors chairman He Xiaopeng’s clothing, so he is now betting his fortune on yet another Tesla killer (YATK).
Didi Chuxing (China’s Uber-like ride-hailing service) has been in the news recently. It announced 1) plans to create its own electric car charging network, 2) a partnership with NEVS for one million electric self-driving cars, 3) that it’s a partner in Changan Automobile Group’s $15 billion Shangri La electric vehicle transition plan, and 4) that it has the world’s largest EV ridesharing fleet.
If you live in China and want a Tesla Model S, it just got even easier. The electric vehicle pioneer is now taking online orders via the Alibaba online shopping site, according to recent reports. The move puts Tesla in the company of General Motors and Volkswagen AG — both … [continued]
Originally published on Energy Post. By Rudolf ten Hoedt A first gold rush driven by generous subsidies led to an uncontrolled boom in solar power projects in Japan, of which, however, only a very small percentage actually got built. Now, however, the government has taken charge and serious developers are entering … [continued]
