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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....
...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....
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...Tesla started the year with about 100,000 unsold vehicles and added another 45,000 and 50,000 in the first quarter....
About 14,000 jobs set to go as brutal price war and EV slowdown hit US automaker
...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....
...In total, the UK has nearly 54,000 public charging points compared with 1mn fully electric vehicles, a ratio of just over 18:1....
...seller of battery electric vehicles....
...Known as “Project Titan”, Apple’s electric vehicle project was an example of its attempts to diversify beyond its hit product, the iPhone, which still makes up about half of its global sales....
Delaware court previously voided chief executive’s $56bn remuneration
...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....
...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”....
Activist organisation claims responsibility for ‘sabotage’ that set fire to nearby electricity pylon
...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....
...Sotheby’s is looking to borrow $500mn for three years* against a pool of loans it provides to filthy rich art collectors, through a new securitisation vehicle the auction house has dubbed ArtFi....
...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....
...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....
...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....
...The factory, which opened in March 2022, employs 12,500 people and produces 6,000 electric vehicles a week. But Tesla has ambitious plans to expand capacity from 500,000 cars a year to 1mn....
Only 52% of vehicles that cut fees over the past five years saw increased flows, about the same as for all ETFs
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