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...Ford’s Sander also told the conference that the speed of shifting to electric vehicles in Europe was “down to the consumer” and that the company was prepared to continue selling hybrid models into the next...
...Of the 85,000 electric vehicles sold in the UK in the first three months of this year, 80 per cent were classed as “fleet” (company cars and those buying vehicles for work), while only one in five were retail...
...Lawrence Summers, former Harvard president and ex-Treasury secretary, joined the advisory board of Palmetto, a clean energy technology company....
...Should companies be punished for handing money back to shareholders? The Department of Justice seems to think so....
...We in America like to say that “democracy dies in darkness” — the official slogan of The Washington Post. It is also true that human rights die in darkness. Andreas V Georgiou Darnestown, MD, US...
...At the mid-level, a cashmere style in a muted shade from Sheep Inc, John Smedley or — my favourite — Begg x Co will quickly become a staple of your wardrobe....
...Still, Wang, who is one of China’s richest men, in March told analysts that BYD, which declined interview requests, sees opportunities across south-east Asia, South America, the Middle East and Europe and...
...Sales growth of electric cars has slowed in the past year, with carmakers increasingly forced to discount models in order to generate sufficient consumer demand, while companies from General Motors and Ford...
...Known as “Project Titan”, Apple’s electric vehicle project was an example of its attempts to diversify beyond its hit product, the iPhone, which still makes up about half of its global sales....
...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....
...Shares in Travelers, one of the biggest US insurers, rose 7 per cent in early trading on Wall Street after it posted fourth-quarter net profits of $1.6bn, doubling from the same period the previous year...
...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....
...Tesla has pledged to bring forward the launch of “more affordable” models of its electric vehicles, helping its stock recover some of its recent losses despite reporting a 9 per cent decline in first-quarter...
...Failed electric van start-up Arrival collapsed owing close to £200mn and holding less than £150,000 of cash, insolvency documents show....
...The European boss of China’s BYD previously said the company does not rely on subsidies when manufacturing its vehicles....
...And still the administration is mainly concerned with US companies’ market share, not the size of the market....
...Is the electric vehicle market starting to run flat?...
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...A version of this article was first published by Nikkei Asia on May 1. ©2024 Nikkei Inc. All rights reserved....
...Hyundai is considering making hybrid vehicles as well as electric ones in its new $7.6bn plant in the US, in the face of slower than expected demand....
...The company overtook Tesla in electric vehicle sales during the final quarter of 2023, when it shifted 526,409 EVs compared with 484,507 sold by Tesla between October and December....
...Peugeot’s chief executive said that China’s car market is becoming “more and more difficult” to compete in for foreign carmakers, after the country’s electric vehicle “price war” led to a “red ocean” of...
...The IEA’s report added that the number of electric cars sold globally in the first three months of this year is “roughly equivalent to the number sold in all of 2020”....
...Stellantis is in talks with Vale and China’s Huayou Cobalt to invest in a nickel smelter in Indonesia and secure supplies of the battery metal critical to its electric vehicle expansion plans, in a deal...
...This was done in (rural) Japan, the OECD country with the lowest number of chargers per capita and also the slowest chargers — as well as the lowest rate of EV adoption....
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