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Related Special Reports
...GM has delayed plans to build electric versions of its Chevrolet Silverado and GMC Sierra trucks....
...But “the reality is that no full-size truck, electric or gas, transacts anywhere near the $40K mark on average.”...
...In the X poll, 87.1 per cent of 1.1mn voters said the electric-car maker should change its state of incorporation....
...He had demanded a hefty financial incentive to grow the value of the electric-car maker, and it worked: Tesla became one of the world’s most valuable companies and his options ended up being worth $56bn....
...It also meant wildfires in parts of North America, South America and Australia, Copernicus said. At the same time, parts of Australia and Bolivia are also experiencing destructive flooding....
...But that ballooned to $55.8bn after the electric-car maker hit financial performance and share price targets set out in the deal....
...Shares of Lithium Americas leapt 12 per cent after the US government announced plans to loan $2.3bn to the company to develop its flagship lithium project in Nevada that will supply the electric car battery...
...America....
...In November, the company bought the operator of the Crans-Montana resort in the Swiss Alps, following an acquisition of another Swiss resort in 2022....
...It makes electric cars and faces increasing price competition from other makers, especially the Chinese. The Magnificent Seven’s share prices have already risen sharply, largely on hopes for AI....
...“Electric [driving] was something which we saw as a very solid, very clear trend, and we needed to take advantage,” said José Muñoz, Hyundai’s chief operating officer and head of the business in North America...
...Commercial electric vehicles do not need to be assembled in North America or have a certain percentage of their parts from there to receive the full tax credit. The practice has critics....
...“Some models have been delayed, largely out of North America, which is pushing out the length of time of penetration [of EVs] in the US,” said Norris, adding that “potentially in parts of Europe” the shift...
...But that required models to be made in North America and source materials and components from countries with US free trade agreements....
...Audi is looking into manufacturing electric cars in the US, including using space in a $2bn plant being built by parent company Volkswagen in South Carolina....
...That includes setting up factories and research centres in Europe and North America, as well as forming joint ventures with European and US companies....
...Tax credits on electric car purchases in the US just became much harder to score....
...Stellantis, which already manufactures EVs in Europe and North America, aims to produce fully electric vehicles as soon as 2026 in South America, said Tavares, adding it would depend on bringing down costs...
And more on bad buybacks
...“With this guidance and the clarity that it will provide, we’re ensuring that the US electric vehicle future will be made in America,” said John Podesta, Biden’s top clean energy adviser....
Americans account for 14% of users but their revenue contribution will be higher
...A decade ago ExxonMobil was still the world’s second-biggest US company, and General Electric, Wells Fargo and Walmart were in the top 10. Today, Walmart is 15th and the others . . . well....
...Vail Resorts, the largest ski operator in North America, is planning to shake up the equipment market by piloting a scheme that does away with rental shops....
...The energy division also encompasses HomeServices of America, a real estate brokerage enmeshed in its own litigation....
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