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China Daily Global / 2021-05 / 24 / Page007
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S. Korean firm to make battery parts
A South Korean auto supplier is to invest $10 million and hire 285 people northeast of Atlanta to make parts that will accompany electric vehicle batteries, produced by SK Innovation nearby. Duckyang Industrial said on Thursday that the plant in Braselton will make battery modules and energy storage systems for SK Innovation s $2.6 billion, 2,600-worker plant in Commerce. Duckyang did not say when it would start production. But it said it would occupy a 21,000-square-meter building in an industrial park near an Amazon warehouse.
BMW expects fine to be less than feared
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Keep plans to conduct a U.S. IPO of up to US$500 million
Chinese fitness mobile app Keep, backed by SoftBank and Tencent, plans to conduct a U.S. IPO of up to US$500 million.
Pony.ai approved to test autonomous vehicle in California
Chinese self-driving start-up Pony.ai has obtained permission from the California Department of Motor Vehicles(DMV) to test driverless cars on designated streets in three cities without a safety driver. According to DMV, these vehicles will be driven on roads with posted speed limits not exceeding 45 miles per hour in clear weather and light precipitation.