China Archives

Canadian Arrested in US for Allegedly Stealing Tesla’s Trade Secrets

A Canadian resident of China has been arrested in the United States for allegedly stealing trade secrets from electric car manufacturer Tesla and conspiring to sell them to undercover law enforcement officers.

Klaus Pflugbeil, the operator of a China-based business selling technology used in electric vehicles, was apprehended in New York after travelling for a meeting with undercover agents posing as Long Island businesspeople.

Pflugbeil, along with business partner Yilong Shao, allegedly built their enterprise using trade secrets belonging to “a leading U.S.-based electric vehicle company,” although prosecutors did not explicitly name Tesla. Both individuals are former employees of a Canadian company that Tesla acquired in 2019, fitting the description of Hibar.

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Strategi Xpeng untuk Menangkap Pasaran EV yang Berkembang

Xpeng, pembuat kenderaan elektrik (EV) terkemuka China, telah mendedahkan rancangan untuk memasuki segmen pasaran EV yang sangat kompetitif dengan jenama baharu yang lebih mampu milik. Semasa acara industri di Beijing, Pengerusi dan Ketua Pegawai Eksekutif Xpeng, He Xiaopeng, mengumumkan bahawa model jenama baharu itu akan berharga antara 100,000 yuan dan 150,000 yuan (RM65,536-RM98,304). Strategi penetapan harga ini bertujuan untuk menyasarkan pangkalan pengguna yang lebih luas dengan menawarkan EV pada titik harga yang lebih rendah berbanding pembuat EV premium, yang kenderaannya lazimnya berada dalam julat 200,000-300,000 yuan (RM131,072 – RM196,608).

Keputusan untuk memperkenalkan jenama yang lebih murah dibuat di tengah-tengah persaingan yang semakin tegang dalam pasaran EV China, dengan syarikat seperti BYD mengetuai usaha untuk mengurangkan harga. Langkah Xpeng mencerminkan trend industri ke arah keterjangkauan dan kebolehcapaian, kerana syarikat berusaha untuk menarik lebih ramai pelanggan dengan menawarkan EV harga yang lebih kompetitif.

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Xpeng’s Strategy to Capture the Mass EV Market

Xpeng, a prominent Chinese electric vehicle (EV) maker, has unveiled plans to enter the highly competitive EV market segment with a new, more affordable brand. During an industry event in Beijing, Xpeng’s Chairman and CEO, He Xiaopeng, announced that the new brand’s models will be priced between 100,000 yuan and 150,000 yuan (RM65,536-RM98,304). This pricing strategy aims to target a wider consumer base by offering EVs at a lower price point compared to premium EV makers, whose vehicles typically fall in the 200,000-300,000 yuan (RM131,072 – RM196,608) range.

The decision to introduce a cheaper brand comes amid heightened competition in China’s EV market, with companies like BYD leading efforts to reduce prices. Xpeng’s move reflects the industry’s trend toward affordability and accessibility, as companies seek to attract more customers by offering more competitively priced EVs.

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China Memperkenalkan Kapal Pengangkut Pesawat Udara Generasi Baru

China telah mendedahkan gambar baru kapal pengangkut pesawat udara tercanggihnya, Fujian, mempamerkan trek pelancaran generasi baharu yang mampu melontarkan pelbagai jenis pesawat udara dari deknya.

Fujian yang direka dan dibina secara domestik mengatasi pendahulunya, Shandong dan Liaoning, dari segi saiz dan kemajuan teknologi.

Kapal tersebut dilengkapi dengan sistem pelantun elektromagnetik, menjadikannya satu-satunya kapal, selain daripada kapal-kapal kelas Ford Amerika Syarikat, yang dilengkapi dengan Sistem Pelancaran Pesawat Elektromagnetik (EMALS) terkini.

EMALS meningkatkan keupayaan China untuk melancarkan pelbagai jenis pesawat udara dan dianggap lebih boleh dipercayai dan berkesan dari segi tenaga.

Pendedahan ini mencerminkan komitmen China untuk memodenkan tenteranya dan memperkukuhkan kekuatannya di peringkat kelautan secara global.

China Unveils Advanced Aircraft Carrier With Next-Gen Launch Tracks

New images of China’s most advanced aircraft carrier, the Fujian, have been unveiled, showcasing next-generation launch tracks capable of catapulting a wider range of aircraft from its deck. First unveiled in June 2022, the domestically designed and built Fujian is yet to undergo its first sea trials.

The Fujian surpasses its predecessors, the Shandong commissioned in 2019 and the Liaoning, acquired from Ukraine in 1998, in terms of size and technological advancements. Images broadcasted on state television depict the Fujian being towed by a smaller vessel, revealing all three tracks of its electromagnetic catapult system on the deck.’

While sea trials are pending, the carrier has undergone various tests, including mooring tests. In November, the Fujian initiated launch tests for its electromagnetic catapult system, distinguishing it as the only carrier, besides the US Ford-class carriers, equipped with the latest Electromagnetic Aircraft Launch System (EMALS).

China’s version of EMALS enhances its capability to launch a broader spectrum of aircraft compared to its predecessors, Shandong and Liaoning. Additionally, it is touted to be more reliable and energy-efficient, marking a significant milestone in China’s military modernisation efforts.

President Xi Jinping’s emphasis on increased combat-readiness and technological advancements aligns with the trajectory of modernising the Chinese military, with the Fujian showcasing its commitment to achieving these goals. The unveiling comes amid heightened tensions, with some speculating potential military actions concerning Taiwan, particularly ahead of the 100th anniversary of the People’s Liberation Army in 2027. The carrier’s advanced features and capabilities underscore China’s commitment to strengthening its naval prowess on the global stage.

BYD Achieves Record Sales of 3.02 Million NEVs in 2023

Chinese automaker BYD has reported a significant milestone in its electric vehicle (EV) sales, with a record-breaking 3,024,417 new energy vehicles sold in 2023. This figure represents a remarkable year-on-year increase of 62.3%, surpassing the previous year’s sales record of 1,863,494 vehicles.

The impressive growth in sales is attributed to BYD’s commitment to new energy vehicle production, with 3,045,231 units manufactured in 2023—a 62.2% increase compared to the previous year. The commercial vehicle segment played a crucial role, recording sales of 11,511 units, including electric buses, trucks, and other vehicles, experiencing a notable uptick of 88.2%.

In the passenger car business, BYD’s sales reached 3,012,906 units, marking a year-on-year increase of 62.2%. Notably, the sales of pure electric models surged, totalling 1,574,822 units with a robust year-on-year growth of 72.8%. Battery electric vehicles (BEVs) accounted for 52.3% of total passenger car sales, reflecting increasing consumer preference for electric mobility.

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Ford Says US Not Ready To Compete With China In EV Production

Bill Ford Jr., executive chairman of Ford Motor Co., stated that his business is putting “all hands on deck” to prepare for electric vehicles because the US is “not quite ready” to compete with China in the manufacture of EV’s.

According to Bill, China has developed very quickly, and they’ve developed them on a large scale, and now they are exporting. China is on track to overtake the United States as the second-largest exporter of passenger cars, which could fundamentally alter the global auto market and challenge the dominance of its rivals and trading partners in the auto sector.

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China Beats Japan As World’s Largest Vehicle Exporter In Q1 2023

China became the world’s largest exporter of new vehicles in the first quarter of 2023 thanks to growing sales of electric vehicles and according to some reports, this is partly due to the country’s capacity to maintain business relations with Russia. It passed Japan to gain the title.

China shipped 1.07 million cars during this period, according to official data published by the China Association of Automobile Manufacturers, which is an increase of about 58% over the first quarter of 2022. In that same period, Japan exported 954,185 vehicles.

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Hongqi L5: China’s Rolls-Royce Is Back With A Refreshed Design

The L5, China’s most expensive domestic vehicle, made its grand appearance at the Shanghai Auto Show with the latest version of Hongqi’s flagship sedan. Just like its predecessor, it follows the classic shape and lines. The outcome of it looks like a 1940s lowrider and a 2020s Rolls-Royce had a baby.

On that note, it is heavily influenced by the Brit-built Rolls and is said to be more imposing and expensive. Well, if you’re a Chinese billionaire, price should not be an issue.

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Sunsuria And China’s IAT To Develop EVs For Malaysia

Sunsuria is considering a partnership with China’s IAT Automobile Co Ltd to do research and development in electric vehicles (EV) and EV-related products.

According to a filing with Bursa Malaysia, the collaboration will involve the development and production of Malaysia’s own brand of EV with cutting-edge technological developments together with China’s largest independent automotive design company, IAT.

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China

Canadian Arrested in US for Allegedly Stealing Tesla’s Trade Secrets

Strategi Xpeng untuk Menangkap Pasaran EV yang Berkembang

Xpeng’s Strategy to Capture the Mass EV Market

China Memperkenalkan Kapal Pengangkut Pesawat Udara Generasi Baru

China Unveils Advanced Aircraft Carrier With Next-Gen Launch Tracks

BYD Achieves Record Sales of 3.02 Million NEVs in 2023

Ford Says US Not Ready To Compete With China In EV Production

China Beats Japan As World’s Largest Vehicle Exporter In Q1 2023

Hongqi L5: China’s Rolls-Royce Is Back With A Refreshed Design

Sunsuria And China’s IAT To Develop EVs For Malaysia

USMCA: Dilema Mexico dengan Pembuat Kereta China

Proton Membuka Fasiliti R&D Di China

Proton Opens R&D Facility in China

BYD Unveils Official Interior of the Sea Lion 07

BYD dalam Pasaran EV Global: Peningkatan RM17.2 Bilion

BYD’s Rise in Global EV Market: A RM17.2 Billion Boost

Yang di-Pertuan Agong Sultan Ibrahim Merupakan Pemilik Pertama Hongqi L5

Yang di-Pertuan Agong Sultan Ibrahim Is the First Owner of the Hongqi L5

Jualan Global Toyota Turun 7% pada Februari

Toyota’s Global Sales Dip 7% in February

Archive

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AIG in Singapore Declines Insurance Coverage for McLaren Cars Driven to Malaysia

The Bentley Bentayga Apex Edition by Mulliner – Limited to 20 Examples Globally

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