Vietnam.vn - Nền tảng quảng bá Việt Nam

Chinese-Canadian Arrested for Stealing Tesla Secrets

Công LuậnCông Luận20/03/2024


Klaus Pflugbeil, who ran a China-based business that sold technology used in electric vehicles, was arrested Tuesday in New York, federal prosecutors in Brooklyn said.

Chinese Canadian Arrested for Stealing Tesla Secret Image 1

A Tesla dealership in New York. Photo: Reuters

Prosecutors said Pflugbeil and his business partner Yilong Shao built their business using trade secrets belonging to “a leading U.S.-based electric vehicle company.” Shao was also charged but remains free. They are charged with conspiracy to sell trade secrets and could face up to 10 years in prison if convicted.

Prosecutors did not name the U.S.-based company but said it acquired a Canadian battery assembly line manufacturer in 2019. That matches the description of Tesla’s acquisition of a Canadian company called Hibar. Prosecutors said both Pflugbeil and Shao are former employees of the Canadian company.

“The defendants set up a company in China, stole... crucial trade secrets from a U.S. company in the production of electric vehicles, spent millions of dollars on research and development, and sold products developed using the stolen trade secrets,” said U.S. Attorney Breon Peace for the Eastern District of New York.

Mai Van (according to SCMP)



Source

Comment (0)

No data
No data

Same tag

Same category

The place where Uncle Ho read the Declaration of Independence
Where President Ho Chi Minh read the Declaration of Independence
Explore the savanna in Nui Chua National Park
Discover Vung Chua - the cloud-covered 'roof' of Quy Nhon beach city

Same author

Heritage

Figure

Business

No videos available

News

Political System

Local

Product