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...PwC said the settlement with the PCAOB draws a line under the issue....
...The California-based lossmaking electric vehicle maker topped the monthly trading leaderboard five times in 2023, even as its shares plummeted 99 per cent....
...In a filing on Tuesday evening, the electric-car maker said it had “updated our future vehicle line-up to accelerate the launch of new models ahead of our previously communicated start of production in the...
...Some are offering discounts on BEVs to avoid fines next year. These should convert to deliveries in the second half of 2024....
...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....
...Facing one of the worst stock slumps in Tesla’s 14-year history, Elon Musk was under pressure this week to deliver a reassuring message to investors about its next generation of electric vehicles and a persuasive...
...Chart du jour: Power grab French far-right leader Marine Le Pen kicked off her EU election campaign yesterday by vowing to wrest back powers from an “intrusive and authoritarian” bureaucracy in Brussels...
...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....
...On Friday, it abruptly announced the addition of 12 women to its organising committee — having drawn criticism for its earlier 28-strong, all-male line-up....
...seller of battery electric vehicles....
...A version of this article was first published by Nikkei Asia on April 19 2024. ©2024 Nikkei Inc. All rights reserved....
...However, they noted the implied percentage of value won for shareholders remained “conservative” and in line with previous Delaware awards....
...From electric blue to rich mustard yellow, the modern designs are informed by the minimalism of neo-rationalist architecture and handcrafted by artisans in Italy....
...Its bottom line in China is also set to take a hit this year as it loses a 15 per cent preferential tax rate, which remains available to many of its local competitors....
...Five years after listing on New York’s Nasdaq stock exchange, Nio still loses $12,000 for every car that rolls off its production lines, president and co-founder Lihong Qin told the Financial Times recently...
...If found guilty, companies face fines of up to 10 per cent of global turnover....
...For connoisseurs of the unique form of abstract art that adorns modern-day bond prospectuses, here’s the structure diagram: Writing margin loans against paintings is not a particularly new business line...
...Taipei’s attempt to acquire diesel-electric submarines from the US two decades ago failed in part because European governments would not approve the transfer of related technology....
...Demand for such humanoid manufacturing robots is going to be “significant”, according to a recent Goldman Sachs research note — particularly in electric vehicle assembly....
...The company faces a potential $8bn in damages after being accused of contributing to a deadly 2020 deadly blaze by failing to shut off power lines, among other factors....
...Stellantis has bet on “multi-energy” platforms that allow it to make hybrid, petrol and electric cars on the same production line....
...Cook spent Wednesday meeting Apple’s Chinese suppliers, including the head of electric-car maker BYD and executives from Lens Technology and Changying Precision Technology....
...Ahead of next year’s election, the Biden administration is trying to walk a fine line between its efforts to electrify the economy to cut emissions and its drive to create jobs and compete with China....
...He said his company delayed plans to add a 500-megawatt assembly line to its solar panel factory in Minnesota. “We don’t want to bite something we cannot chew.”...
...The future appeared bright for Shanghai electric vehicle start-up Aiways when it was founded in 2017....
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