Hints and tips:
...A decade on, the Shenzhen-based company led by Wang Chuanfu has claimed Tesla’s crown as the biggest producer of battery-powered cars....
...“Whereas people were considering domestic manufacturing for a variety of reasons before, the credits now make it a potentially more attractive place than any other,” said Sarah Morgan, co-head of the M&A...
...In 2002, Li invested in BYD, then a little-known maker of electric batteries....
...The many technical advances it has come up with, from the design of its battery cells and packaging to manufacturing techniques, to casting large sections of it newest models in a single piece to reduce...
...At the time, electric cars were getting less and less niche, but a battery-powered pick-up still seemed far-fetched. And, once again, Scaringe was overwhelmed by the need for capital....
...GM shares are up 30 per cent in the past 12 months, and it has reclaimed its crown as the most valuable US car group, after briefly losing it to Tesla....
...This has begun to change as battery production has ramped up to meet an expected boom in electric cars....
...It laid the blame on a battery supplier and was initially praised for acting quickly, with shares in the South Korean company hitting an all-time high....
...It says a new “gigafactory” in Nevada will probably bring down battery pricing by around 30 per cent....
...“The extension lead was not long enough to plug in the battery” might do it....
...Automakers, while offering customers endless variants in the showroom, are radically simplifying their manufacturing, building more cars on fewer platforms with a greater commonality of parts....
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