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...The retail segment of Inchcape, which has partnerships with brands such as Audi, BMW, Volkswagen and Toyota, contributed to 18 per cent of its total revenue in 2023....
...As evidence that foreign carmakers are realising the advantages, he points to Volkswagen’s $700mn tie-up with Chinese rival Xpeng last year....
...At stake is the infrastructure needed to make motorway driving less of a struggle for EV owners. Volkswagen this week announced that it may adopt Tesla’s North American Charging Standard....
...Chinese carmakers need to find a way into North America, the world’s second-largest car market, if they want to maintain growth and keep Chinese factories filled, Dunne said....
...The company plans to start exporting left-hand drive variants of the SUV to the Middle East and Latin America....
...The town in the Midwestern corn belt is home to the manufacturing operations of Rivian, the battery-powered vehicle start-up worth more than Ford or Volkswagen soon after it listed 18 months ago....
...Kenvue, underwritten by Goldman Sachs, JPMorgan Chase and Bank of America, hit the public markets in May, at a valuation of $41bn....
...Volkswagen, BMW and Enel are among the leading European companies to review their renewable investment plans in the bloc in light of the IRA....
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
...move comes as shares in the group have fallen more than two-thirds in the past year over concerns about slowing demand, just when the company opened factories in Berlin and Shanghai, and rivals including Volkswagen...
...Bank of America has hired former Deutsche Bank dealmaker Brett Orlando as global head of commodity transition, according to an internal memo seen by the FT....
...Volkswagen’s automotive software subsidiary Cariad is investing $2bn in a partnership with Chinese chipmaker Horizon Robotics....
...RWE is doubling down on the world’s second-biggest renewables market with the acquisition of a portfolio of US solar parks and wind farms from Consolidated Edison Inc in a $6.8bn deal funded by Qatar....
...Volkswagen can overtake Tesla to become the largest electric vehicle manufacturer by 2025, as the challenge of lifting production weakens its fiercest rival, the German group’s chief executive has claimed...
...Which fintech tie-ups do you see happening by the end of the year? Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...The strong debut made LGES, which supplies Tesla, General Motors and Volkswagen, South Korea’s second-largest stock after Samsung Electronics....
...So they won’t even leave the factory type of thing. Whereas in America, people are trying to avoid going to work at all....
...Shares that once valued truckmaker Rivian higher than Volkswagen and luxury group Lucid above Ford have lost more than half of their value in the past six months, a decline that set in far before the Russian...
...So they won't even leave the factory type of thing. Whereas in America, people are trying to avoid going to work at all....
...A version of this article was first published by Nikkei Asia on November 29, 2021. ©2021 Nikkei Inc....
...“There’s obviously a big halo effect with anything electric vehicle-related at the moment, thanks to Tesla,” says Benjamin Bowler, an equity derivatives strategist at Bank of America....
...“The supply side is not reacting right now,” said Michael Widmer, an analyst at Bank of America....
...‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...Commercial pressures will intensify this year with a slew of electric models expected and Tesla’s Model 3 is already behind the Renault Zoe, Volkswagen ID. 3 and Hyundai Cona in sales in Europe....
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