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Tesla Inc
Tesla and BYD sales fall as concerns mount over electric shift
...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...
April 2, 2024
Apple Inc
Apple cancels secretive electric car project in shift to focus on AI
...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...
February 27, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
Electric vehicles
Carmakers hit by ‘marked slowdown’ in electric vehicle demand, says Dowlais chief
...The pace of the slowdown has caught several carmakers by surprise, with groups including General Motors and VW pulling back from expanding EV capacity in recent months, and diverting resources into engine...
March 21, 2024
Electric vehicles
‘Simply good’ Chinese electric cars power ahead of inferior US rivals
...General Motors and Tesla have paused some of their EV expansion plans....
March 3, 2024
Rivian Automotive, Inc.
Electric-truck maker Rivian projects no production growth in 2024
...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....
February 21, 2024
LexNissan Motor Co Ltd
This Nissan-Honda team will struggle to match EV rivals Premium content
...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....
March 18, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Aston Martin
Aston Martin losses shrink but launch of first electric model delayed
...and electric cars “to last us well into the 2030s”....
February 28, 2024
FirstFT
FirstFT: Apple abandons secretive electric vehicle project
...Good morning and we start with Apple’s decision to abandon a secret project to build an electric vehicle....
February 28, 2024
Inside BusinessKana Inagaki
Oil and water: why Nissan and Honda are setting aside their rivalry
...It also has an alliance with General Motors in fuel-cell vehicles and self-driving technology, but the two carmakers last year scrapped plans to jointly develop affordable EVs owing to differences over cost...
April 9, 2024
News in-depthApple Inc
Apple parks its electric car project in sign of EV industry’s struggles
...General Motors scaled back plans for its self-driving Cruise unit last year following an accident while testing on public roads, while Ford pulled out of the technology altogether to focus on driver-assistance...
February 28, 2024
News in-depthXiaomi Corp
The Steve Jobs of China turns car salesman in Xiaomi’s EV evolution
...Christoph Weber, general manager of engineering software company AutoForm, has worked with Xiaomi’s car unit in Shanghai and said Lei appeared poised to repeat his success in starting with a high-quality...
April 5, 2024
Electric vehicles
Honda and Nissan to join forces to survive electric vehicle race
...Honda already has an alliance with General Motors to use its battery technology, though it did not specify whether this partnership would be affected....
March 15, 2024
Electric vehicles
US used electric vehicle values fall almost a third in 2023
...The second-hand value of the top-10 selling battery cars in the US, including models from Tesla, General Motors and Ford, fell an average of 28 per cent in 2023, data from CarGurus and compiled by HSBC show...
January 10, 2024
Inside BusinessSilvia Sciorilli Borrelli
The threat to the Italian heritage in car manufacturing
...In general Italian EV subsidies in 2023 ranged from €2,000 to €7,500 — depending on emissions and the car’s price tag — and were less generous than some other European nations....
February 29, 2024
Electric vehicles
US gives carmakers more time to meet aggressive emissions targets
...US carmakers including Ford, General Motors and Tesla have all recently paused plans to expand EV manufacturing capacity....
March 20, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Inside BusinessThomas Hale
Manufacturers need to face up to new wave of Chinese competition
...“The general take is if you are not a premium product, you are getting absolutely hammered,” said Sundling....
April 16, 2024
News updates from November 23: Eurozone economy shows signs of bottoming out; Turkey lifts interest rates to 40%
EU electric vehicles probe lacks ‘logic’, Chinese ambassador says
...Deputy director-general of the commission’s trade department, Maria Martin-Prat, responded: “What is good for consumers in the long term is fair competition.”...
November 23, 2023
Nikola Corp
Nikola rejects Trevor Milton board nominees after fraud sentence
...Nikola will not support a slate of board nominees proposed by its founder Trevor Milton, putting a dent in his plan to regain influence over the troubled electric truck start-up after he was convicted of...
February 9, 2024
Hertz Global Holdings Inc
How Hertz’s bets on Tesla and a Goldman veteran veered off course
...Gil West, a former chief operating officer of Delta Air Lines and General Motors’ Cruise self-driving car unit, will be replacing him. Instead of enjoying a boom, Hertz is in trouble again....
March 20, 2024
Electric vehicles
Americans opt to lease electric cars to tap Biden tax credits
...“The percentage of EVs that we’re leasing has gone up dramatically,” said Bill Stephens, general manager of Norm Reeves Hyundai Superstore in California....
December 16, 2023
Tesla Inc
Tesla shares drop 12% after sales growth warning
...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....
January 25, 2024
Unhedged
Where Tesla departs from the Mag 7 Premium content
...My point is more general....
April 3, 2024
News in-depthElectric vehicles
Was Toyota’s bet on hybrid cars right all along?
...In a US hybrid market mainly dominated by Toyota, Honda and the South Korean duo of Kia and Hyundai, domestic manufacturers are racing to catch up.Last month General Motors, which had largely phased out...
February 26, 2024
News updates from March 14: Chuck Schumer calls for Netanyahu’s replacement; China hits out at US push to ban TikTok as Steven Mnuchin plots bid
Lithium Americas leaps as US offers record $2.3bn loan for Nevada plant
...metal to General Motors....
March 14, 2024
BYD Co Ltd
BYD loses EV throne to Tesla as sales slip
...seller of battery electric vehicles....
April 2, 2024

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