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...Toyota has already unwound some of its cross-shareholdings to mobilise resources for the massive investments needed in battery electric vehicles and technology....
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...Among the other groups that announced investments in the state at the government-organised Global Investors Meet on Sunday were South Korean carmaker Hyundai and Indian EV and ride-hailing company Ola....
...Not for nothing have Microsoft, Amazon, Meta, Apple and Alphabet — along with chip company Nvidia and electric-car maker Tesla — been dubbed the “Magnificent Seven” for their outsized contribution to stock...
...China started commercial driverless development in 2013, about five years after groups in the US....
...TCI and Pershing Square are the youngest funds on the list, competing with older groups such as Millennium and Citadel, which were founded in 1989 and 1990 respectively....
...Nadal also has a link to Saudi Arabia as one of the team owners in E1 Series, a new Saudi-backed electric powerboat circuit that gets under way next month in Jeddah....
...A place in the shake-up VinFast, the Nasdaq-listed Vietnamese electric vehicle maker, has set a target of wooing drivers in 50 markets, from the US to India, an ambitious goal given many of them have likely...
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...It expects to sell 50,000 cars this year and says it has production capacity of 300,000 electric vehicles a year....
...Chanos is best-known for his bet against energy trader Enron, as well as for his more recent, but unsuccessful, campaign against electric-car maker Tesla....
...Last week the electric vehicle maker was briefly valued at more than the combined worth of Ford, General Motors and Volkswagen....
...The group operates private flights and several regional commuter lines, but has said its long-term focus is to develop electric power train technology to upgrade regional plane fleets....
...Smart reads Caught in the blaze The catastrophic wildfires in Maui have thrust Hawaiian Electric into chaos....
...But last week the Vietnamese electric-vehicle maker VinFast seemed to defy the Spac-sceptics when it merged with Black Spade Acquisition Company at a $23bn valuation....
...CS’s top Australian dealmaker Dragi Ristevski has joined Macquarie Group as head of financial sponsors for Asia-Pacific....
...Tesla’s Musk has recognised the same dilemma, as the electric vehicle maker tries to evolve its “Autopilot” driver-assist technology into its own robotaxi network....
...The battery battle In the 1990s, Japanese companies took the lead in commercialising lithium-ion batteries, now widely used in smartphones, personal computers and electric vehicles....
...Brookfield has applied its expertise in the former métier to Westinghouse Electric, a specialist in the latter....
...ARKK is the largest of a group of strategies that combine an ETF structure with an ability to pick stocks....
...One example of this is SwytchBike, which turned to Indiegogo to launch its add-on electric motor for bicycles....
...Eventually the group acquired the rest of Albertsons as well as the national chain Safeway....
...It added jobs website Kanzhun and electric car maker Li Auto to the 10 biggest holdings in its public equities portfolio at mid-year....
...Westinghouse Electric, a US nuclear power company, is being bought by a private equity-backed consortium in a $7.9bn deal four years after it emerged from bankruptcy, as the war in Ukraine spurs fresh interest...
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