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...Hertz, however, largely operates an “at risk” model where it owns the vehicles outright, exposing it if the vehicles it holds depreciate significantly....
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...China dominates manufacturing, making more than half of all electric or plug-in hybrid cars, compared with just 10 per cent of traditional engine-driven vehicles....
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...As long as governments maintain 2035 targets to ban new combustion engine vehicle sales, a tipping point should still come....
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...In January, the billionaire insisted that Tesla was “very far along” with the vehicle....
...EV interest last year resulted in sales of 9.5mn vehicles, but the figure is only expected to be 9.8mn this year....
...His reputation as an indefatigable tech maverick helped to make emission-free vehicles desirable, first for the Silicon Valley crowd then the world....
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...seller of battery electric vehicles....
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Delaware court previously voided chief executive’s $56bn remuneration
...Tesla investor Christopher Tsai from Tsai Capital said that while he expected competition for electric vehicles would intensify and that Tesla would lose market share, “we also believe the company will increase...
...The fix affected 2mn vehicles. Last month, Tesla rolled out a similar fix to 1.6mn vehicles in China....
...Its private equity owners preached that Hertz’s investment in EVs and their related charging infrastructure would be revolutionary, even entailing autonomous vehicles down the road....
About 14,000 jobs set to go as brutal price war and EV slowdown hit US automaker
...The market for EVs has ballooned since its project began and self-driving vehicles are now on the streets....
...Yet, much like EVs, autonomous vehicles have suffered a reality check following years of investment and hype....
...China counts pure battery EVs and plug-in hybrids as “new energy vehicles”....
...Flows to actively managed ETFs were boosted by the launch in January of 10 spot bitcoin ETFs, which are classed by Morningstar as active vehicles....
Activist organisation claims responsibility for ‘sabotage’ that set fire to nearby electricity pylon
...The US electric-vehicle maker most recently offered incentives worth as much as Rmb34,600 ($4,800) to lure Chinese consumers to purchase Model 3 sedans and Model Y sport utility vehicles....
...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....
...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....
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