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...In such a highly competitive environment, local car brands are being forced to come up with innovations in order to find their footing,” said Paul Gong, head of China automotive research at UBS....
...The push into Saudi Arabia, UAE, Qatar and Bahrain comes at a time of growing co-operation between China and countries in the Gulf, as they deepen collaboration on a number of projects....
...Now investors are watching to see what OCI will do with its methanol business and a low-carbon ammonia project in Texas....
...In China, the Wuhan robotaxi project has revealed lingering conservatism over safety fears....
...Tata Motors is the top-selling EV brand in India’s small market for battery-powered vehicles, followed by Chinese-owned MG Motor and Indian brand Mahindra....
...And Musk’s outspoken posts on his social media platform X risk denting his car company’s brand....
...Even Apple, which has cultivated itself as a luxury brand that also makes must-buy products for millions of people worldwide, may have struggled to break into this market....
...“China’s EV market is still very dynamic . . . there is enough space for a new brand to grow.” Additional reporting by Wenjie Ding in Beijing...
...The stock had fallen on a Reuters report earlier this month that the project had been shelved, which Musk denied....
...He added: “The transformation of Aston Martin is one of the most exciting projects within the ultra-luxury automotive industry.”...
...However, Reuters reported on Friday that Tesla had decided to scrap the project, opting instead to focus on developing a self-driving “robotaxi”....
...“We need to have more brands having the malt whisky and single malt whisky,” said Cottin-Bizonne, on potential competition....
...Stellantis, the owner of multiple car brands including Opel, Peugeot, Citroën and Fiat, previously said it would look to localise UK production if Brexit led to tariffs between Britain and the EU....
...Unilever was awarded $20.9mn to make lower-carbon ice cream for brands such as Talenti and Ben & Jerry’s....
...ago as a way to monitor releases of methane, an invisible gas that researchers estimate is responsible for almost a third of the emissions-induced increase in global temperatures since the start of the industrial...
...At Rolls-Royce, BMW’s luxury brand, a separate division has been set up to deal with personalised features....
...Companies use brands as a way to counter what is known in microeconomics as the adverse section problem....
...In fact, a bit of a surprise, the biggest private equity deal of the year — the roughly $15bn buyout of Toshiba Corporation — is happening in Tokyo, not New York, and involves Japan Industrial Partners and...
...The company was forced to postpone its plans while it tried to sort through the scramble of research projects....
...Renault had also begun talks with Volkswagen about collaborating on a low-cost EV project, De Meo said....
...“The unique advantage for Xiaomi is the brand power. It’s both in China and outside of China.”...
...Keeping prices stable “is quite important for long term relationship with customers, and brand image”....
...Two years later, it ditched the project to focus on consumer goods and opportunities elsewhere, including in farming....
...“The big question is to what extent ‘Zero Zero Zero’ also hinged on zero rates,” said Barclays auto analyst Dan Levy, adding that investors had become less tolerant of projects without returns....
...The project will kick off with a hub in the UK, with Germany and the US to follow....
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