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Tesla sues Xiaomi-owned Chinese agency over expertise secret infringement

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Tesla sues Xiaomi-owned Chinese agency over expertise secret infringement

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Tesla has sued a Chinese agency over a tech secret infringement and unfair competitors disputes, Reuters has reported. Interestingly, the Chinese agency named Bingling Intelligent Technology, towards which Tesla has filed the lawsuit in Shanghai has Xiaomi among the many stakeholders. Xiaomi reportedly owns 11.9 per cent of Bingling. The report additionally states that the Chinese agency designs microchips and different automotive parts.

By: HT Auto Desk
| Updated on: 06 Sep 2023, 13:19 PM

Tesla has filed a lawsuit towards Bingling accusing expertise secret infringement, which has Xiaomi amongst its buyers. (REUTERS)

This lawsuit comes at a time when Xiaomi is aiming to seize a bit of the electrical automobile market. Also, the tech big is aiming to supply autonomous driving expertise in its electrical automobile. Last month solely, Xiaomi secured approval from China’s state planner National Development and Reform Commission (NDRC) to manufacture electric vehicles. Also, Xiaomi has already revealed its first electric sedan Modena, which is internally codenamed MS11 and goals to compete with the Tesla Model S, the US electrical automobile producer’s flagship mannequin. Aiming to provide the Modena at a mass scale, the Chinese smartphone big has joined arms with native corporations within the nation to arrange a three way partnership.

Interestingly, Tesla’s allegation and lawsuit towards the tech firm comes as the most recent addition to the listing of incidents when Chinese corporations have been accused of stealing applied sciences from different international corporations. Earlier, a former Apple worker was charged with stealing information associated to self-driving automobiles from the US tech main on behalf of a Chinese firm. In reality, he later joined Chinese tech firm Baidu and automaker Geely’s three way partnership, underneath which the 2 corporations have been engaged on self-driving automobile expertise.

Back in 2020, the FBI warned automakers within the US that China was inserting a excessive precedence on stealing electrical automobile expertise. At current, China is among the main EV producers on the planet. In the Chinese market, a number of home electrical automobile manufacturers have discovered a powerful footprint overpowering the worldwide automakers. Besides that, the Chinese EV producers are aiming to seize the dominating place within the international electrical automobile market as nicely.

First Published Date: 06 Sep 2023, 13:19 PM IST

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