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...But it has not been willing to fund a new supply chain for mass car production. Scrapping a project with high upfront costs makes sense. Competition has grown. Tesla has been forced to cut its prices....
...Carmakers Stellantis, formed by the merger of Jeep owner Fiat Chrysler and Peugeot owner PSA last year, and GM have invested in early-stage mining groups....
...BYD has slashed prices of almost every model in its line-up since the start of the year under the slogan “electricity is cheaper than oil”, followed by its competitors including Geely and SAIC-GM-Wuling,...
...“Building this alternative supply chain for electric vehicles is a very, very heavy lift that’s going to require a lot of legal expertise to implement,” says Craig Glidden, general counsel at GM....
...The ITC has since morphed into a forum for deciding whether imports pose an unfair threat to “domestic industry” — a quaint-sounding anachronism in an age of multinational companies and global supply chains...
...One industry expert echoed that point, saying demand for EVs is still good, but the supply is better....
...Shares of LGES, which supplies batteries to Tesla, GM and other automakers, closed down 8.7 per cent at Won409,500, the lowest level in more than a year....
...But data from analytics group Airfinity shows European countries including the UK, France, Spain and Italy could have made the medication more accessible without using up supplies, as more than 1.5mn five-day...
...Hacking Inc....
...Tesla makes up about 61 per cent of the market, compared to just over 4 per cent for GM....
...Tapping the blue blood of horseshoe crabs to test vaccines and medical devices is coming under fire, with environmentalists and a large European investor putting pressure on pharmaceuticals groups to seek...
...Morgan Stanley analyst Adam Jonas argued last week that the supply of electric vehicles is likely to outstrip demand in 2023....
...A version of this article was first published by Nikkei Asia on April 19 2023. ©2023 Nikkei Inc. All rights reserved....
...Surging demand and tight supply for a new class of obesity drugs has sparked a race among several of the world’s largest pharmaceutical companies to develop rival medications for a market projected to be...
...However, Paxlovid will be covered by medical insurance until March 31 under the terms of an emergency deal....
...“The Norfolk Southern resolution aligns with [Impact partner] YWCA’s longtime advocacy for economic security for women and families focused on paid family and medical leave, paid sick leave and safe leave...
...Li & FungO: 6; L: 7; I: 7; Total: 20When the Hong Kong supply chain group sold its logistics arm, LF Logistics, to container shipping company Maersk in 2022, the in-house team took a central role by acting...
...That assessment was challenged by Northwest’s management and the trial results were subsequently reviewed much more favourably in a medical journal article published in November....
...But since medical guidelines recommend patients take antiviral drugs within five days of infection, they did not use the medication they had. “We wanted to use antivirals but don’t dare to,” Wu said....
...The limited supply has turned Paxlovid into a popular gift among China’s well-connected....
...BYD dominated the market with a 30 per cent share in the year to September, 21 percentage points ahead of the next competitor, SAIC-GM-Wuling....
...Commended General Motors O: 7; L: 7; I: 7; Total: 21 Carmaker General Motors launched its BrightDrop subsidiary in 2021 to supply electric home delivery vehicles....
...A version of this article was first published by Nikkei Asia on January 13 2023. ©2023 Nikkei Inc....
...Workers at one of the biggest factories producing Apple iPhones are pleading for food and medical supplies as China’s zero-Covid policy causes havoc in the world’s most important manufacturing hub....
...Perhaps this reflects a bet that Russian instability will constrain global energy supply....
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