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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., Harmony Futeng subsequently established Future Mobility Corp. Tencent also just signed a $4.65-billion billion loan deal, Reuters reported. Tencent reported net profit of $5.97 billion last year, up 43% on a 48% increase in revenue.

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Tesla supply chain: Biden team plans $52B funding to address chip shortage among US carmakers

Teslarati

Taiwan Semiconductor Manufacturing Co. TSMC is a major chip manufacturer in the industry, along with Samsung Electronics Co. Semiconductor shortages halt BMW and Daimler production lines. Chips will play a more significant role in the auto industry moving forward. “I am engaging almost daily with industry.

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Solid state: EV giants chase ‘holy grail’ of batteries – ET Auto

Baua Electric

Yet despite decades of research and billions of dollars invested, their future still looks elusive. EV market leader Tesla, an industry outlier, has not detailed any solid-state development plans. The company says it aims to build a gigafactory for its new batteries by 2029 and has signed a joint development agreement with BMW.

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

Cars That Think

With COVID-19 shaking the global supply chain like an angry toddler with a box of jelly beans, the average person had to take a crash course in the semiconductor industry. You also found that the future of Moore's Law depends as much on where you put the wires as on how small the transistors are, among many other things. The result?

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