Tesla's presence in Selangor, Malaysia, is set to grow as the state government welcomes the electric vehicle (EV) giant's plans for continued investment in research and development, as well as the opening of EV service centers. Menteri Besar Datuk Seri Amirudin Shari expressed enthusiasm for Tesla's expansion efforts in the Asian region, aligning with Elon Musk's vision for the company.
With Tesla already establishing its headquarters in Cyberjaya and charging centers in the region, the focus now shifts towards opening service centers to further penetrate the Asian market. Despite recent reports of Tesla canceling a factory development project in Thailand, the company remains committed to its operations in Malaysia.
Having already set up four experience centers and exceeded installation targets for instant chargers in key locations across Malaysia, Tesla's investment in Selangor signifies a significant step towards promoting sustainable transportation in the region. The influx of investors in the semiconductor sector further underscores the state government's readiness to support technological advancements, with plans for a second integrated circuit (IC) design park on the horizon.
Draganfly Inc., a renowned drone solutions and systems developer, is scheduled to host a shareholder update call on August 13th, 2024, at 5:30pm EST. The company's CEO Cameron Chell will lead the call, discussing key milestones, while CFO Paul Sun will delve into the financial results for Q2...
Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A), a renowned drone solutions and systems developer, is set to host a shareholder update call on August 13th, 2024, at 5:30 pm EST. The company's CEO, Cameron Chell, will lead the call, discussing key milestones, while CFO Paul Sun will delve...
Companies in the United States and Canada have been facing a wave of job cuts in 2024, adding to the thousands of layoffs that occurred last year. The uncertain outlook on potential interest rate cuts by the Federal Reserve has left businesses grappling with economic unpredictability, even as...
Greaves Cotton Limited, a leading diversified engineering company in India, has reported robust results for the first quarter of FY25. The company's standalone revenues grew by 12% year-on-year to INR 445 crore, with quarterly EBITDA reaching INR 50 crore, also up by 12% year-on-year. On a...
Greaves Cotton Limited, a prominent diversified engineering company in India, has announced its robust performance for Q1 FY25. The company reported a 12% year-on-year revenue growth, reaching INR 445 crore on a standalone basis. Additionally, the quarterly EBITDA stood at INR 50 crore,...
