Tencent buys 5% stake in Tesla for $1.8 billion
Green Car Congress
MARCH 28, 2017
In 2015, Taiwan-based Hon Hai Precision Industry Co Ltd., Tencent and China Harmony Auto Holding began a partnership to develop connected, electric cars. Carsten Breitfeld, formerly the VP of Engineering and Head of the i8 vehicle program at BMW. Harmony Futeng subsequently established Future Mobility Corp.
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