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...Musk said then that the electric-car manufacturer would “be in India . . . as soon as humanly possible”....
...Some car rental groups operate a “buyback” model, where the manufacturer agrees to repurchase the vehicle at a set price....
...Both Tesla and BYD — the world’s first and second-largest EV manufacturers — reported a strong drop in sales in the first three months of this year compared with the previous quarter....
...Once a laggard in the auto world, China is using its lead in battery technology and knowledge of carmaking gleaned from international manufacturers to produce next-generation EVs, which have been designed...
...The dilemma for western EV manufacturers is how fast to increase production given the sales slowdown and the threat from China....
...The low-cost airline on Monday joined an alliance of companies including Rolls-Royce, Airbus and GKN Aerospace in urging ministers to help fund the development of the nascent technology, which offers the...
...Formula E, which is aiming to sell the spot by the end of the year, is hoping to attract a high-end carmaker to the championship, who would join existing manufacturers such as Maserati, Jaguar and Porsche...
...a steadily falling share price, disappointing sales figures, and a contentious plan to move company headquarters from Delaware to Texas, face another conundrum: whether Tesla will become a large-scale manufacturer...
...Inchcape, which exports cars for global manufacturers across 40 countries, said it would use £100mn of the sale proceeds to buy back shares once the deal is completed, which is expected to happen during...
...Across the mainland, where Sweden’s manufacturers have a long-standing presence, competition from Chinese firms was “ferocious”, even “monstrous”, according to Mattias Sundling, chief equity strategist at...
...Tesla’s enterprise value remains many times the size of carmakers like Ford. Investors seem keen to give Musk the benefit of the doubt....
...“The rules are mindful of the importance of choice to drivers and preserve their ability to choose the vehicle that’s right for them,” said John Bozzella, chief executive of the alliance....
...Sales of battery electric vehicles (BEV) in Europe dropped 11.3 per cent year on year in March, the second fall in four months, according to figures this month. The timing of Easter played a part....
...“We are hard-pressed to think of any other precedent of a company of Tesla’s size basing its path of success on such binary bets,” writes Barclays, apropos the latest thing:https://twitter.com/elonmusk/status...
...The materials noted that 87 per cent of respondents to Musk’s Twitter plebiscite in January, just after the pay package ruling, were in favour of a move....
...half of 2025”....
...The new paper, by Jeremiah Green of Texas A&M and John Hand of University of North Carolina, argues that at least on the ethnic diversity side, the studies just don’t hold up....
...Higher prices for luxury cars helped Aston Martin cut pre-tax losses last year, even as the manufacturer was hit by delays to its latest models and pushed back the launch of its first electric vehicle....
...Unlike legacy manufacturers, it does not have petrol models to fall back on, and nor does it make hybrids, whose sales have picked up over the past year as buyers opt for something less than fully electric...
...types of vehicles....
...Car registrations: The European Automobile Manufacturers Association will release data on new passenger vehicle registrations for March....
...In the case of Soichiro Honda, the charismatic founder of the eponymous carmaker, he was famous for his go-it-alone strategy and is said to have criticised alliances for slowing things down....
...EVs are still more expensive to make than petrol cars, partly because of the high cost of minerals required for their batteries....
...Elon Musk has filed a lawsuit against OpenAI and its chief executive Sam Altman, alleging the ChatGPT maker’s multibillion-dollar alliance with Microsoft has compromised the start-up’s original mission of...
...China’s BYD overtook Tesla as the world’s top electric-vehicle manufacturer in the fourth quarter of 2023, delivering 1.58mn fully electric cars....
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