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Tencent buys 5% stake in Tesla for $1.8 billion

Green Car Congress

In 2015, Taiwan-based Hon Hai Precision Industry Co Ltd., In January 2016, they formed a joint venture company, Harmony Futeng Internet & Intelligent Electric Vehicle New Energy Company Limited, led by Dr. Carsten Breitfeld, formerly the VP of Engineering and Head of the i8 vehicle program at BMW.

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The Chip Shortage, Giant Chips, and the Future of Moore’s Law

Cars That Think

By the time they got back in line to buy chips, that line was nearly a year long, and it was time to panic again. Chipmakers worked flat out to meet demand and have unleashed a blitz of expansion, though most of that is aimed at higher-margin chips than those that clogged the engine of the automotive sector. The result?

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