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...We can see the same now in electric vehicles. Their cost is one-third to one-half the cost of other electric vehicles....
...The vote “could undermine the basis for the . . . request for an award of attorneys’ fees of approximately $5bn in Tesla stock”, the letter to shareholders added....
...However, Hyundai and Kia have benefited from a loophole allowing EVs assembled outside North America to qualify for the credits if they are leased rather than sold, with leased vehicles accounting for approximately...
...The fresh injection of cash will bring Toyota’s investment in the battery plant — its largest outside of Japan — to approximately $13.9bn....
...As of year-end, CVI constituted only approximately 20 per cent of IEP’s gross indicative [net asset value]. Additionally, we keep the CVI position significantly hedged.”...
...Seychelles-incorporated vehicles also played supporting roles in the OneCoin pyramid scheme, the pursuit of Sam Bankman-Fried, the Craig “Fauxtoshi” Wright saga, and the £1.4bn Hampstead bitcoin mystery....
...For years the shares traded at about or less than the $45-per-share IPO price, which gave the company a market capitalisation of approximately $82bn....
...a “brutal” price war in electric vehicles....
...The future appeared bright for Shanghai electric vehicle start-up Aiways when it was founded in 2017....
...The strike resulted in approximately 95,000 fewer cars and trucks being built, and a $1.1bn hit to adjusted operating earnings, chief financial officer Paul Jacobson said....
...Cash raised by the share sale (net of approximately $4mn in fees and expenses) will clear the debt and complete the purchase....
...The 113 per cent increase was fuelled by strong demand for both the smaller and larger versions of the Chevrolet Bolt, which at approximately $27,000 is one of the most affordable EVs on the US market....
...GM also pulled back from ambitious targets to manufacture electric vehicles....
...In 2022, the Fern Hollow Bridge in Pittsburgh collapsed with five vehicles on it. Investigators blamed inadequate inspections and maintenance....
...A November report by Mediobanca said the Italian telecoms market was “one of the most highly fragmented and competitive in Europe”, adding that revenues had decreased by approximately €15bn compared with...
...The 2mn mark took roughly 32 months, and the third million took approximately 15 months. The accelerating pace brought the 4 millionth sale after just 10 months....
...The FT also has a story today on whether European carmakers can rival China’s BYD, the world’s largest manufacturer of electric vehicles....
...Approximately 33 per cent of the world’s data centres are located in the United States, estimates the IEA. Another 16 per cent are in Europe....
...In today’s newsletter though we are approximately 6,000km west of Nigeria in Brazil, where our correspondent Michael Pooler has been investigating the prospects for green hydrogen....
...It’s a journey of approximately 330km and a 4,500m climb – a startling ascent that is, in fact, barely noticeable (the bike’s internal motor makes short work of even the steepest incline)....
...The increase was fuelled by strong demand for the Chevrolet Bolt, which at approximately $27,000 is one of the most affordable EVs in the US market....
...The latest round of share buybacks lifts total announced shareholder distributions for 2023 to approximately $23bn....
...They predict that will trim approximately 0.5 per cent off of the US’s 4Q annualised growth rate....
...The group made about 133,000 cars in 2022, approximately 55 per cent of its capacity....
...Hino, a subsidiary of Toyota Motor, achieved the gain by selling land adjacent to its headquarters in Tokyo for approximately ¥50bn ($334mn) to property developer Mitsui Fudosan....
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