Hints and tips:
Related Special Reports
...We can see the same now in electric vehicles. Their cost is one-third to one-half the cost of other electric vehicles....
...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....
...“I don’t think people realise BYD’s greater ambition is to be an energy ecosystem company,” says Bridget McCarthy, the head of China operations at Snow Bull Capital, a Shenzhen-based hedge fund invested...
...Albert Bridge Capital holds shares in Porsche SE, which is part owner of Volkswagen....
...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...
...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 company has, so far, drawn $35mn in investment from the likes of Goodyear Ventures and Gogoro, the Taiwanese electric scooter and battery-swapping provider....
...“While Tesla has real issues to contend with, we believe the company’s long-term upward trajectory remains intact,” said Christopher Tsai of Tsai Capital, which holds Tesla stock....
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...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....
...After a quarter of a century, Nissan and its French alliance partner Renault have sharply cut back their capital ties as both companies acknowledged that the partnership would not be enough to survive the...
...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 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...
...Nevertheless, the companies said they were not considering a capital tie-up for now but did not rule out the possibility....
...US carmakers including Ford, General Motors and Tesla have all recently paused plans to expand EV manufacturing capacity....
...General Motors and Tesla have paused some of their EV expansion plans....
...Other companies: PepsiCo, Freeport McMoran, Halliburton, GE Aerospace, RTX, Lockheed Martin, NextEra Energy, UPS, Philip Morris, Spotify, General Motors and Kimberly-Clark are reporting earnings before the...
...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....
...Some investors are now privately warning about an “enormous misallocation of capital” across the industry....
...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....
...“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...
...The company announced in January a consultation on its proposals to invest £1.25bn to build a state of the art electric arc furnace, which Tata has said would secure steelmaking in the UK....
...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....
...“Elon is hedging his bets,” said Christopher Tsai, chief investment officer at Tsai Capital, a Tesla investor....
...The company has a target for 20 per cent of its Brazilian sales to be fully electric models by 2030, with the remainder a mix of traditional internal combustion engines and hybrids....
International Edition