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In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digi
‘We are deeply sorry for the delay in resolving the owner’s issue,’ Tesla said late April 20 on its Weibo account. China’s social media and state press weighed in on the latest controversy surrounding the bellwether producer in China’s electric vehicles market. SCMP
Tesla said sorry and back-pedalled on its “no compromise” attitude towards what it called “unreasonable” customer grievance, as it succumbed to pressure on social media by some of its most important buyers and local authorities in the world’s largest market for electric vehicles.
The apology, issued late on April 20, came a day after a protest at the Shanghai Auto Show, where a woman wearing a T-shirt emblazoned with the words “brake malfunction” and a Tesla logo jumped on top of the carmaker’s vehicle. She was eventually dragged away by security guards.
EV giant hasn t sold a single car
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published : 20 Apr 2021 at 09:50 The Hengchi 1 will go up against Tesla s Model S. (Photo: AFP)
SHANGHAI: China Evergrande New Energy Vehicle Group Ltd s expansive pop-up showroom sits at the heart of Shanghai s National Exhibition and Convention Center. With nine models on display, it s hard to miss.
The electric car upstart has one of the biggest booths at the 2021 Shanghai Auto Show, opposite storied German automaker BMW AG. Yet its bold presence belies an uncomfortable truth Evergrande hasn t sold a single car under its own brand.
China s largest property developer has an array of investments outside of real estate, from soccer clubs to retirement villages. But it s the recent entry into electric cars that s captured investors imaginations.