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China Tech Buzz

Global News Impacting Chinese Tech

Tesla’s Many Delays, Chip Crunch Bites Nio, Apple Car Rumors, Trouble Brews For Workhorse, Volkswagen’s Best-seller Reaches China

News Snapshot:

EV stocks had a mixed outing in the week ending Sept. 3. The global semiconductor shortage was back in the headlines following warnings by EV makers, and after a brief pause, Apple, Inc. (NASDAQ: AAPL) Car chatter grew louder during the week. Here are the key developments from the EV space: Tesla Delays & Model 2 Budget Car: Tesla announced three delays during the week. Elon Musk relayed through a tweet the full-self driving, or FSD, beta 10 will roll out next Friday, a week later than the previously communicated date. FSD beta 10.1 will be ready to have a…

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