Recent Posts

Tesla recalls 285,000 cars on autopilot issues

Bloomberg Tesla Inc plans to recall more than 285,000 electric vehicles sold in China to address risks associated with its autopilot feature after an investigation conducted by the country’s market regulator. The electric car maker will recall 211,256 locally-produced Model 3 vehicles and 35,665 imported ones, as well as 38,599 China-made Model Ys because their autopilot systems are too easily-activated ...

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Australia rejects green hub proposal on environment risks

Bloomberg One of the world’s biggest fossil fuels exporters rejected a proposal to build a massive renewable energy hub over concern about its environmental impact. Asian Renewable Energy Hub, which planned 26-gigawatts of wind and solar generation to produce hydrogen and ammonia, would have disrupted tidal movements and impacted habitats and lifecycle of native species, according to a statement from ...

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Mozambique to sell majority of dam stake

Bloomberg Mozambique plans to sell a majority stake in the planned $2.4 billion Mphanda Nkuwa hydropower dam that will be one of the biggest in southern Africa, according to Carlos Yum, the director in charge of the project. The government will issue a request for proposals this year, and will take up to four months to select the winner and ...

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