Hints and tips:
Related Special Reports
...Peugeot’s chief executive said that China’s car market is becoming “more and more difficult” to compete in for foreign carmakers, after the country’s electric vehicle “price war” led to a “red ocean” of...
...Earlier on Tuesday, Peugeot chief executive Linda Jackson said the company had “no choice” but to meet its plan to sell only electric vehicles in Europe by 2030....
...Global president José Muñoz said the company’s plans for its plant in Georgia had “definitely changed” in the past “six months”....
...But the Japanese carmaker’s forecast of a significant fall in operating profit for the current financial year tells the true story: it is still playing catch-up on battery electric vehicles....
...combustion engine to electric vehicles....
...French software and automation company Schneider Electric has said it is in talks over a potential deal with Bentley Systems, a US software specialist with a market value of roughly $15.6bn....
...Lawrence Summers, former Harvard president and ex-Treasury secretary, joined the advisory board of Palmetto, a clean energy technology company....
...Is the electric vehicle market starting to run flat?...
...The company has, so far, drawn $35mn in investment from the likes of Goodyear Ventures and Gogoro, the Taiwanese electric scooter and battery-swapping provider....
...“To survive, companies have to stay in the black,” he said. “I will not sell cars at a loss.”...
...The company overtook Tesla in electric vehicle sales during the final quarter of 2023, when it shifted 526,409 EVs compared with 484,507 sold by Tesla between October and December....
...Chinese companies dominate the supply chains for resources, manufacturing and technologies crucial for electric vehicles and batteries as well as wind and solar energy....
...The company plans to invest ¥1.7tn in “growth areas” such as AI, electric vehicles and software....
...companies.”...
...The Biden administration plans to raise tariffs on Chinese electric vehicles imports from 25 per cent to 100 per cent, as it intensifies efforts ahead of the US election to protect American industry....
...In China’s hyper-competitive electric vehicle market, a company usually needs more than just a new model for a stock price boost....
...Failed electric van start-up Arrival collapsed owing close to £200mn and holding less than £150,000 of cash, insolvency documents show....
...Much of that growth came from China, where two-thirds of electric cars were already cheaper to purchase than their petrol equivalents, the IEA found....
...Sales growth of electric cars has slowed in the past year, with carmakers increasingly forced to discount models in order to generate sufficient consumer demand, while companies from General Motors and Ford...
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...The levies come at a tricky time for electric vehicle adoption....
...Elon Musk this week said that the company had decided to accelerate the development of its “affordable” electric car model, expected to cost $25,000, with production likely to start in the first half of...
...The decade-long effort to build a product that competes with the likes of Tesla and Rivian has never been officially confirmed by Apple, and a spokesman for the company declined to comment....
...Uchida said on Monday that the company would explore new partners in Japan and the US as it looked to remain a major global player....
...Beijing has denounced the investigation as protectionist, saying its companies are simply more competitive....
International Edition