Japan Today — Panasonic Corp is ready to bring forward its investment in a Tesla battery plant it is helping establish if this is required to meet demand for the electric car maker’s upcoming Model 3 sedan. “We will do our best to move up the schedule if requested,” Yoshio Ito, head of Panasonic’s automotive and industrial systems (AIS) division, told reporters.
China Tech News — U.S.-based Tesla is known for crafting and selling automobiles to buyers around the world from their U.S. headquarters, but that may partially change soon. China’s high taxes on imports has forced Tesla’s hand. Elon Musk, chief executive officer of Tesla, revealed to local media that he hopes to find a cooperating partner in mainland China in the middle of 2016 to establish an electric car factory for the local market.
Forbes — I’m in Hong Kong this week and had a chance to attend and participate in InvestHK’s StartmeupHK Festival 2016. It’s a weeklong gathering of the Hong Kong startup community and an occasion to celebrate the success stories of Hong Kong–based entrepreneurs. It’s actually a number of separate events all consolidated into the week that included FF16 – a fintech startup competition, LaunchIoT – a Consumer IoT Summit, and HealthTechAsia.