China: BMW Announces $2.8 Billion Investment
BEIJING— At the prestigious 2024 Beijing Motor Show, BMW Group unveiled a momentous development: a $2.8 billion investment in its Shenyang production plant, solidifying its unwavering commitment to the Chinese market and signaling an assertive expansion strategy. This substantial capital … Continue reading China: BMW Announces $2.8 Billion Investment
AUTO CHINA 2024: China Showcasing its latest EV-models
BEIJING – The 2024 Beijing International Automotive Exhibition, commonly known as Auto China 2024, has become a global stage for innovation, where Chinese automakers are redefining the very concept of automobiles. These companies, once relatively unknown in the Western world, … Continue reading AUTO CHINA 2024: China Showcasing its latest EV-models
Samsung: Sales stop for all Galaxy phones?
SEOUL/MUNICH – The Chinese company Datang has comprehensively won against Samsung in the first instance before the Landgericht München I (Munich Regional Court). The legal dispute revolves around a critical patent related to the 4G/LTE mobile communication standard. Here are … Continue reading Samsung: Sales stop for all Galaxy phones?
Electric vehicles: New sodium battery from Korea
DAEJEON – Electromobility has achieved a decisive breakthrough: Korean researchers have developed groundbreaking technology that could revolutionize the charging of electric vehicles. The new cell chemistry was developed by the Korea Institute of Science and Technology (KAIST), one of the … Continue reading Electric vehicles: New sodium battery from Korea
US Congress Approves Ban on TikTok in the U.S.
Washington, D.C. – The US Congress has passed a groundbreaking law aimed at banning the Chinese social media platform TikTok in the United States. This decision marks another step in the increasing tension between the two economic powers and signals … Continue reading US Congress Approves Ban on TikTok in the U.S.