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China-Europe cooperation far outweighs competition in energy transition: NIO's founder

STORY: China-Europe cooperation far outweighs competition in energy transition: NIO's founder SHOOTING TIME: May 23, 2024 DATELINE: May 26, 2024 LENGTH: 00:00:56 LOCATION: Amsterdam CATEGORY: ECONOMY SHOTLIST: 1. various of China's leading electric vehicle maker NIO opening its second Dutch NIO House 2. SOUNDBITE (Chinese): LI BIN, Founder of NIO STORYLINE: China's leading electric vehicle maker NIO opened its second Dutch NIO House in Amsterdam on Thursday. NIO's founder Li Bin said in an exclusive interview with Xinhua that the opportunities for cooperation between China and Europe far outweigh the competition in energy transition. SOUNDBITE (Chinese): LI BIN, Founder of NIO "In terms of energy transition, the opportunities for cooperation between China and Europe actually far outweigh the competition. Europe has a lot of innovative practices in terms of R&D, materials technology and application, while China has a very strong advantage in supply chain and manufacturing costs. If Europe and China can jo

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Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - A shop sign of TESLA, on March 28 2022 in Los Angeles CA, USA. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by David Niviere/ABACAPRESS.COM

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Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - A shop sign of TESLA, on September 19, 2020 in Luxembourg City, Luxembourg. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by David Niviere/ABACAPRESS.COM

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Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - Illustration of a Tesla charging station for electric vehicles in a shopping area. France, Montauban, November 9, 2023. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - Tesla cars are presented during press days of the Paris motor Show on September 30, 2016. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Eliot Blondet/ABACAPRESS.COM

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Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - A shop sign of TESLA, on March 28 2022 in Los Angeles CA, USA. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by David Niviere/ABACAPRESS.COM

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Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - Illustration of a Tesla charging station for electric vehicles in a shopping area. France, Montauban, November 9, 2023. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Patricia Huchot-Boissier/ABACAPRESS.COM

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Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - A shop sign of TESLA, on September 19, 2020 in Luxembourg City, Luxembourg. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by David Niviere/ABACAPRESS.COM

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Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - The new Tesla model S during the Paris Motor Show 2014, known as Mondial de l'Automobile in Paris, France, on October 10, 2014. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Nicolas Genin/ABACAPRESS.COM

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Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - A logo of TESLA, on May 16, 2020 in Paris, France. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by David Niviere/ABACAPRESS.COM

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Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - A shop sign of TESLA, on September 19, 2020 in Luxembourg City, Luxembourg. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by David Niviere/ABACAPRESS.COM

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Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - A shop sign of TESLA, on September 19, 2020 in Luxembourg City, Luxembourg. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by David Niviere/ABACAPRESS.COM

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Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - Tesla Model X on display on the first press day of Paris Motor Show 2016, known as 'Mondial de l'Automobile' in Paris, France on September 29, 2016. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Eliot Blondet/ABACAPRESS.COM

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Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - Tesla new Model 3 during the Paris Motor Show 2018, known as Mondial de l'Automobile held at the Porte de Versailles exhibition centre in Paris, France on October 2, 2018. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Nicolas Genin/ABACAPRESS.COM

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Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - Tesla cars are presented during press days of the Paris motor Show on September 30, 2016. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Eliot Blondet/ABACAPRESS.COM

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Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - World Artificial International Cannes Festival (WAICF 2024) Tesla compagny during the international meeting dedicated to Artificial Intelligence, bringing together professionals and the general public at the Palais des Festivals et des Congrès. Cannes, France, on February 08, 2024. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Cyril Chateau/ABACAPRESS.COM

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Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - Tesla Model X on display on the first press day of Paris Motor Show 2016, known as 'Mondial de l'Automobile' in Paris, France on September 29, 2016. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Eliot Blondet/ABACAPRESS.COM

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Tesla Will Lay Off More Than 10% Of Global Workforce

Tesla Will Lay Off More Than 10% Of Global Workforce

File photo - World Artificial International Cannes Festival (WAICF 2024) Tesla compagny during the international meeting dedicated to Artificial Intelligence, bringing together professionals and the general public at the Palais des Festivals et des Congrès. Cannes, France, on february 09, 2024. Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares closed down more than 5% on Monday. Tesla had 140,473 employees as of December 2023. Tesla shares have taken a bruising in recent months, falling 31% year to date. While electric vehicle sales are still gaining popularity worldwide, their sales growth rate has slowed especially for Tesla. The company now faces more competition than ever. Photo by Cyril Chateau/ABACAPRESS.COM

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Türkiye aims growing EV market: president

STORY: Türkiye aims growing EV market: president SHOOTING TIME: Nov. 4, 2023 DATELINE: Nov. 5, 2023 LENGTH: 00:00:52 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of an automobile factory in Kocaeli, Türkiye 2. various of Turkish President Recep Tayyip Erdogan speaking at the opening ceremony of the automobile factory in Kocaeli, Türkiye 3. various of an automobile factory in Kocaeli, Türkiye STORYLINE: Turkish President Recep Tayyip Erdogan on Saturday said Türkiye was proceeding on the path of having a rapidly growing electric vehicle (EV) market after launching its first domestically-produced electric car TOGG last year. Speaking at the inauguration ceremony of a car factory in the northwestern province of Kocaeli, Erdogan suggested that there would be fierce competition between the existing EV companies and the arrival of new actors into the market. "Our goal is to make our country one of the world's leading players in electric vehicle and battery production," he said.

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Exploring athletics venue for Chengdu Universiade

STORY: Exploring athletics venue for Chengdu Universiade DATELINE: July 20, 2023 LENGTH: 0:00:49 LOCATION: CHENGDU, China CATEGORY: SPORTS SHOTLIST: 1. various of Shuangliu Sports Center Stadium 2. SOUNDBITE (Chinese): LIU YUNJIA, Staff member, Shuangliu Sports Center Stadium 3. various of Shuangliu Sports Center Stadium STORYLINE: Shuangliu Sports Center Stadium in Chengdu, southwest China's Sichuan Province covers a floor area of 22,900 square meters. It will serve as the venue for track and field events of the 31st FISU Summer World University Games. It has one field of play for competition and one for warm-up. SOUNDBITE (Chinese): LIU YUNJIA, Staff member, Shuangliu Sports Center Stadium "The concept of green and cost-effectiveness has been implemented in the entire preparation work of this venue. As an existing stadium, it has relatively limited space. We have innovatively adopted a kind of two-way electric vehicle to save space and reduce carbon emissions." The Summer Universiade will take place

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Maserati battling for China's NEV market share

STORY: Maserati battling for China's NEV market share DATELINE: April 26, 2023 LENGTH: 0:00:54 LOCATION: SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. various of the auto show 2. SOUNDBITE (English): MIRKO BORDIGA, Managing director of Maserati Greater China STORYLINE: Global carmakers are battling to showcase their best new energy products at the ongoing Auto Shanghai 2023, mirroring their efforts to gain a share of China's new energy vehicle (NEV) market amid fierce competition. Global luxury carmaker Maserati has also set its sights on China's NEV market as it unveiled two brand-new electric cars at the auto show. SOUNDBITE (English): MIRKO BORDIGA, Managing director of Maserati Greater China "We propose the electric cars because China is at the forefront of technology and the market is growing dramatically, even though it didn't arrive yet at the same speed of volumes in the luxury segments. But it's just a matter of time. A number of new (NEV) brands have been coming out in the last few years in Ch

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