Remove BMW Remove Connect Remove Market Remove Taiwan
article thumbnail

Tencent buys 5% stake in Tesla for $1.8 billion

Green Car Congress

Tencent acquired the shares through Tesla’s latest registered offering of common stock (17 March 2017, earlier post ) and through open market purchases. In 2015, Taiwan-based Hon Hai Precision Industry Co Ltd., Tencent and China Harmony Auto Holding began a partnership to develop connected, electric cars.

Buy 150
article thumbnail

Saudi Arabia partners with Foxconn on new EV brand

Teslarati

Saudi Arabia’s Public Investment Fund and Taiwan-based technology manufacturer Foxconn entered into a joint venture to develop and manufacture electric vehicles. Saudi Arabia’s foray into the global EV market is another step forward in its Vision 2030 goal to reduce its reliance on oil. It aims to deliver the first Ceer EVs by 2025.

article thumbnail

What is the Combined Charging System (CCS) Standard?

Driivz

CCS combines the existing J1772 standard connection for Level 1 or Level 2 AC-powered EV charging with a two-pin connector for up to 350MW of DC-powered fast charging. 1-phase AC connection. CCS Combo 2 (CCS2) uses the EU-style of plug and inlet for a 3-phase AC connection. What are CCS “combo plugs”? and Canada).