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...“The general take is if you are not a premium product, you are getting absolutely hammered,” said Sundling....
...than 60 per cent electric....
...The company’s UK operations have been losing about £1.5mn a day. T V Narendran, Tata Steel’s chief executive, told the Financial Times the status quo was “not sustainable”....
...Executives from India’s Tata Steel, including chief executive T V Narendran, have flown in for the talks with union leaders in London to discuss plans for the future of the company’s UK operations, which...
...China has imposed export controls on graphite, a material used in electric vehicle batteries, as Beijing hits back at US-led restrictions on technology sales to Chinese companies....
...Jack Welch, the former General Electric chief....
...“The general managers here, they continue their business not thinking about leaving.” Still, Bossek noted that some of those companies’ headquarters were hesitant over further investment....
...“If you look at hydrogen at the moment, in general, you produce hydrogen beside where you want to use it because it’s a pig of a thing of transport; it’s very leaky . . . and it’s corrosive,” Baxter explains...
...The economy is set to be the dominant theme in the general election likely to take place next year....
...Thiel’s venture firm, Founders Fund, put in $400mn, its single largest cash investment into any company. General Catalyst eventually decided to invest, too, handing over $30mn in 2019....
...[MUSIC PLAYING] Ford announced it was cutting the cost of its flagship electric vehicle yesterday. The move caused the company’s share price to slip 6 per cent and a share sell-off in other EV makers....
...“The electric vehicle world will be defined clearly by battery costs, so it makes total sense to have certain control about that,” said Thomas Schmall, who oversees new technologies and component purchasing...
...A new mandate for electric vehicles has also been watered down. Policy paper fatigue has set in among many in the energy industry....
...Pushback has come from industry, farmers and companies facing high inflation and increased energy costs while the current row with China over subsidies for electric cars has further muddied the agenda....
...We’re likely to see something a bit similar in electric vehicles....
...Tom Henriksson, general partner at early-stage venture capitalist OpenOcean, says “dry powder is at an all-time high, which means that it is still possible for companies to attract investment as long as...
...That funding will go to companies that can help build up EU member states’ capabilities to produce renewable hydrogen....
...Pedal to the metal Shares of Vietnamese electric-car maker VinFast have eclipsed those of more established rivals such as General Motors as its billionaire founder Pham Nhat Vuong looks to crack the US market...
...Dozens of large companies including American Airlines, General Electric, Meta, Google and Apple filed a brief in support of the colleges, arguing that barring universities from considering race in student...
...It never occurred to top executives that the great General Electric Company might encounter difficulty in rolling over its short-term IOUs....
...Morgan Stanley has boardroom links to the oil and gas industry too; director Rayford Wilkins Jr is a sitting board member of Texas-based oil refining company Valero Energy....
...In 2018, for example, it banned electric scooter companies from operating without permits. It has stopped rideshare companies from driving along parts of the central Market Street....
...The first non-natural diamonds were made by General Electric in 1954 for commercial uses such as scalpels, but in recent years technology has made mass production cheaper....
...He pointed to areas that needed state subsidies “where either the technology is immature, or the prizes are far off” such as hydrogen and advanced electric vehicles....
...One GE facility to make nacelles — the gearboxes for wind turbines — is in the works in Schenectady, New York, where the company’s roots date back 130 years to Thomas Edison....
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