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...A double decker electric bus costs around £450,000, compared with £250,000 for a typical diesel vehicle....
...This week General Electric, General Motors and Kimberly-Clark all topped analysts’ expectations and were rewarded with immediate share price pops....
...If I was investing in Legal & General shares, I wouldn’t necessarily look at the operating costs of the investment division or the technology costs....
...Another option is insurance....
...The opinions in this column are intended for general information purposes only and should not be used as a substitute for professional advice....
...At the same time, there are concerns over whether governments might backtrack on previous plans to force a rapid transition away from petrol-based cars....
...The levies come at a tricky time for electric vehicle adoption....
...The attorney-general’s lawyers further claimed Knight Insurance sent “100 per cent of its retained insurance risk to affiliates in the Cayman Islands”, where “lax regulations” allowed the company to bolster...
...to Toyota plan to sell more hybrid vehicles in the coming years....
...Days later, the group voted against Quinn’s re-election at the bank’s annual general meeting, according to people familiar with the situation....
...Ford and General Motors have paused plans to expand their EV manufacturing capacity in recent months, and last week Rivian announced that it would cut 10 per cent of its workforce and keep deliveries flat...
...While rivals like Legal & General or privately held PIC chase after the multibillion deals, Just focuses on smaller, sub £100mn transactions, with nearly a third of the market....
...General Motors and Tesla have paused some of their EV expansion plans....
...Jonathan Dixon, secretary-general at the International Association of Insurance Supervisors, told the Financial Times that while the sweep of private capital groups into the life insurance sector helped...
...The loans are not just feeding Apollo’s wholly owned insurance operation, Athene....
...Tesla now states it is “accelerating” plans, though as with the Cybertruck it’s easy to mistake the accelerator for the brakes....
...Investors will be keen to learn more about its plans for its self-driving “robotaxis” and its progress on a cheaper electric car known as Model 2....
...GM has delayed plans to build electric versions of its Chevrolet Silverado and GMC Sierra trucks....
...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....
...Hunt is eyeing a tax-cutting Autumn Statement in early September — targeting another 2p cut in national insurance rates — but only if the public finances improve over the next few months....
...My FT colleagues consider the controversial plans among some of the rich democracies to seize Russia’s frozen assets....
...cuts to national insurance....
...It plans to reach up to 30mn by the end of 2030....
...Both are alumni of consultancy McKinsey and came to insurance as outsiders — Wilson’s first job in insurance was at L&G, joining from events company UBM....
...Motor insurance prices have hit an all-time high, with both combustion engine and electric vehicles feeling the squeeze....
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