Hints and tips:
Related Special Reports
...It is targeting close to 1,000 such stations by 2025....
...The US embassy in Beijing and the American Chamber of Commerce in Shanghai, a lobby group for about 1,500 US businesses, declined to comment....
...While the share price recovered 13 per cent after the presentation, it is still down 35 per cent this year and trading at less than half its late-2021 peak valuation of $1.2tn....
...Of 1.2mn new energy vehicles sold in China in the first two months of the year, 467,000 were PHEVs, marking a 73 per cent jump on the same period a year earlier....
...But in weeks without official news — when it’s just Musk’s tweets and the surrounding ecosystem of grift and nonsense — the stock is up 1 per cent on average....
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
...The closely watched financial metric fell to 17.4 per cent, down from a peak of 29.1 per cent in the first quarter of 2022....
...China’s auto exports hit a record 4.9mn last year, up from 1.1mn the year prior, as the nation overtook Japan as the world’s biggest car exporter....
...In the case of the McKinsey report published in 2020, the main study gathered data about diversity on the boards and in the C-suites of more than 1,000 large global companies....
...Total hybrid sales of about 1.2mn cars matched EV sales figures. For Toyota, hybrid sales increased 47 per cent year on year in the December quarter, far outpacing total group sales growth of a tenth....
...The facility, built and operated by SoftBank, plans to accommodate about 1,000 start-ups....
...The 1,000km journey showcased a new long-range battery technology for individual cars developed by Nio....
...At the same time, the Japanese auto industry is being challenged by other Asian nations....
...of Beijing-based advisory company Sino Auto Insights....
...Buffett disclosed that the company repurchased $1.1bn worth of Berkshire stock in the quarter, down from $1.4bn in the second quarter....
...The company is also working with Singapore-based FEST Auto to sell EVs to the European logistics market....
...On August 1, Leapmotor, state-owned Chery, and Volkswagen’s Chinese joint venture with state-owned SAIC, lowered prices on their electric models by up to Rmb55,000....
...BYD’s total sales for 2023 were up 62 per cent to more than 3mn vehicles, compared with 1.81mn for Tesla....
...Tesla’s market capitalisation rose 20-fold to about $1.2tn last year....
...Ford, which recorded a $1.3bn loss in its electric vehicle division in the third quarter, is now waiting to invest about $12bn to build out EV production capacity....
...Baidu’s SEC filings indicate Ma has received about $1.7mn annually on average in stock compensation since rejoining....
...“It’s an impressive beast, but it’s a beast,” said Philippe Houchois, an auto analyst at Jefferies who was one of the handful selected to try it....
...To wit: The cost of tenants’ and household insurance has climbed 1.6 per cent over the past year. Car insurance has soared 17.1 per cent....
...They anticipate huge cost savings in an industry where blockbuster games such as Grand Theft Auto or Call of Duty can cost as much as hundreds of millions of dollars to create....
...Related stories Honda follows Apple model on EVs, working directly with suppliers Honda, others to receive $1.8bn in battery, semiconductor subsidies EVs on pace to make up third of China’s auto sales...
International Edition