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Related Special Reports
...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....
...giant to taper its electric ambitions....
...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...
...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....
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...The news is another sign of tougher conditions for the electric vehicle sector. Rivian went public in late 2021 with a market capitalisation of more than $100bn — bigger than Ford and General Motors....
...“We are hard-pressed to think of any other precedent of a company of Tesla’s size basing its path of success on such binary bets,” writes Barclays, apropos the latest thing:https://twitter.com/elonmusk/status...
...The company has been through previous rounds of job cuts....
...My point is more general....
...There are “over 200 companies globally working on [electric and self-driving] technology, and over 20 carmakers already selling more than 10,000 EVs per year, while Apple was still in the testing phase”,...
...“I still love the company....
...into entering Thailand, the region’s second-biggest auto market, BYD holds the position as the biggest EV maker and the third-largest automaker for the overall passenger car market, according to research company...
...The Technoking is the reason Tesla remains the most distinctive car company in the world....
...Li Yunfei, general manager of branding and public relations at BYD, said in a recent social media post that the company was starting “a grand showdown with gas cars”....
...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....
...The company, formerly the automotive division of GKN, specialises in making side-shafts that fit into both electric and engine-powered cars, giving it around six months of visibility of supply across all...
...A number of EV makers have recently scaled back expansion plans, including Ford and General Motors, while rental group Hertz is selling one-third of its electric fleet to buy more petrol vehicles....
...The votes will take place at the company’s annual meeting on June 13....
...BT is not the only company with ambitions in this area: the oil majors are also rolling out chargers, particularly at forecourts....
...Honda is falling further behind in the battery EV race after scrapping a $5bn plan to develop affordable battery-powered cars with General Motors last year....
...Last week the company criticised Brazilian judges’ orders for it to censor “certain popular accounts”....
...“We have addressed that, and will be coming out with a couple of plug-in hybrids before we launch a full [battery electric car],” he said, adding the company would have a “full complement” of engine, hybrid...
...General Motors and Tesla have paused some of their EV expansion plans....
...“The general take is if you are not a premium product, you are getting absolutely hammered,” said Sundling....
...industry disruption caused by the shift to electric vehicles and tougher emission rules....
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