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...He rolls up his sleeves,” said Karen Massey, chief commercial officer at biotech company Argenx, who worked with him at Roche....
...But they also want to know whether Elon Musk’s company is in the midst of a major change in direction, after reports that it was slowing plans for a cheaper $25,000 electric car — known unofficially as the...
...On set, Anderson fosters a sense of camaraderie: “I love a theatre company or a troupe, and I love stories about them,” he says....
...Lawrence Summers, former Harvard president and ex-Treasury secretary, joined the advisory board of Palmetto, a clean energy technology company....
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...“To survive, companies have to stay in the black,” he said. “I will not sell cars at a loss.”...
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...companies.”...
...Much of that growth came from China, where two-thirds of electric cars were already cheaper to purchase than their petrol equivalents, the IEA found....
...“China has built an industry that can produce excellent cars at truly remarkable price points almost all through the range of products,” said James Anderson, a managing partner at Lingotto Investment Management...
...Anderson vowed to overcome the company’s four issues over the next 24 to 36 months, aiming to axe €2bn in annual costs by 2026 by cutting internal bureaucracy....
...French software and automation company Schneider Electric has said it is in talks over a potential deal with Bentley Systems, a US software specialist with a market value of roughly $15.6bn....
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...The company has, so far, drawn $35mn in investment from the likes of Goodyear Ventures and Gogoro, the Taiwanese electric scooter and battery-swapping provider....
...The results come at a turbulent time for Musk and the electric vehicle sector....
...Like really, we should be thought of as an AI or robotics company....
...In China’s hyper-competitive electric vehicle market, a company usually needs more than just a new model for a stock price boost....
...The future path of sales of electric vehicles has become a source of much angst for carmakers, as well as a highly charged issue in the culture wars....
...Failed electric van start-up Arrival collapsed owing close to £200mn and holding less than £150,000 of cash, insolvency documents show....
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...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
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