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Related Special Reports
...giant to taper its electric ambitions....
...Glencore plans to increase its exposure to the Democratic Republic of Congo to source metals vital to electric car batteries, as the commodity trading giant seeks to expand in the rapidly growing market....
...Tesla will this month send a team to scout locations in India for a proposed $2bn-$3bn electric car plant, according to two people with direct knowledge of the electric vehicle company’s plans....
...The DRC is home to the world’s main cobalt deposits and generated just over three-quarters of global output....
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...Elon Musk’s Tesla and Chinese rival BYD both reported sharp falls in electric car sales, adding to concerns of the slowing shift towards electric vehicles....
...Apple has cancelled its efforts to build an electric car as it pivots to focus research funding on generative artificial intelligence, according to a person familiar with the matter....
Pedal to the metal, balls to the wall, margins to the floor
About 14,000 jobs set to go as brutal price war and EV slowdown hit US automaker
...After overtaking Tesla as the world’s largest electric-vehicle maker last year, BYD has started releasing higher end models, the latest being its Yangwang U9 electric sports car with that price tag, to try...
...But its status as the electric car champion — and one with a stock market valuation still dwarfing that of rivals — leaves Tesla particularly exposed....
...In January, Saudi signed deals to explore mining projects with Egypt, Russia, Morocco and the DRC....
...As Peter Campbell laid out in the Financial Times yesterday: The global auto industry manufactured 10.5mn electric vehicles last year — and expects to produce 13.5mn this year . . ....
...GM has delayed plans to build electric versions of its Chevrolet Silverado and GMC Sierra trucks....
...In total, the UK has nearly 54,000 public charging points compared with 1mn fully electric vehicles, a ratio of just over 18:1....
...On Tuesday, Apple announced to its staff it would abandon a years-long effort to develop an electric vehicle that could compete with the likes of Tesla, instead switching its research funding towards building...
Shares drop after car sales slip in first quarter
...First, they decided that the century-old company would reposition itself as a forward-looking “mobility” group that would stand out in a crowded field with a fleet heavy on Tesla’s electric vehicles....
Delaware court previously voided chief executive’s $56bn remuneration
...China’s BYD overtook Tesla as the world’s top electric-vehicle manufacturer in the fourth quarter of 2023, delivering 1.58mn fully electric cars....
Activist organisation claims responsibility for ‘sabotage’ that set fire to nearby electricity pylon
...Attorneys for shareholders who defeated Elon Musk’s $56bn Tesla pay package have asked a Delaware state court to award them shares in the electric vehicle maker worth nearly $6bn as payment....
...Choking air pollution in China’s cities in the 2000s made him consider an electric vehicle business next. Nio’s Chinese name, “wei lai”, translates to “blue sky coming”....
...At the same time, Tshisekedi has been getting closer to the US, which is backing the development of a supply chain for electric vehicle batteries between DRC and neighbouring Zambia and is considering to...
...BYD has for much of the past year cornered a market share of about one-third of sales of plug-in hybrid and battery-powered electric vehicles in China....
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