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...He said he expected Xiaomi’s cars to sell at a loss for the next two years as the carmaker scaled up but that eventually the group would turn a small profit on each car sold and profit from services sold...
...Waymo has deployed a live, customer-paying service, while many of the other new entrants have switched focus to niche applications such as commercial vehicles, or have been acquired....
...Rail services on the west coast mainline out of London Euston suffered major disruption for several hours on Thursday after high winds brought down overhead electric wires near Hemel Hempstead in Hertfordshire...
...on the region’s appetite for electric cars....
...Investors will also be looking for changes in focus at Elon Musk’s company after reports it was slowing plans for a cheaper electric car in favour of self-driving “robotaxis”....
...First, over the prime minister’s decision to cancel the northern leg of HS2 high-speed rail during the Tory party conference last October....
...This article is part of FT Globetrotter’s guide to London Imagine a system of driverless electric vehicles whisking packages and mail through purposely designed tunnels across a city in a matter of minutes...
...Philippe Citroën, director-general of the Union des Industries Ferroviaires Européennes (Unife), a rail supply industry body, says smoothing out international rail connections is the only way for the industry...
...The Labour party has pledged to fully renationalise the UK’s passenger rail network within a first term if it wins the general election, a process that would shut private companies out by folding each operator...
...“Your green energy, wind turbines, electric cars, drones and handheld cell phones all have rare earth elements in them,” said George Bennett, chief executive....
...Data from S3 Partners shows TMTG is the third-most expensive US stock to borrow for short sales among companies with more than $25mn of short interest, behind cannabis group Canopy Growth and electric-car...
...Even the nationalised model that Keir Starmer’s Labour party has proposed, should it win the next general election, bears a closer relationship to the approach Major imagined than that of British Rail....
...Another big driver was the anticipated construction of $150bn in new data centres by 2028 and clean technologies such as electric heat pumps, water heaters and cars....
...More auto news: Tesla will this month send a team to scout locations in India for a proposed $2bn-$3bn electric car plant, according to two people with direct knowledge of the electric vehicle company’s...
...Belmond, doyen of luxury retro rail travel, is best known for its Venice Simplon-Orient-Express....
...Leeds locals joke about how bad the bus service is. The path to mass transit, it seems, is one of stops and starts — just like Leeds’ first electric tram journey 132 years ago....
...The rollback comes just three months after the company triumphed in winning permission to expand its service. It is working with Honda to launch driverless cars in Tokyo by 2026....
...Legal & General Investment Management, for example, has already disclosed its votes for the first three months of 2024....
...The US is most concerned about advanced manufacturing and clean energy sectors such as electric vehicles, solar panels and lithium-ion batteries....
...policy: Sunak funds schools and police in last hurrah before tax rises Inflation: UK’s poor GDP performance rooted in weak household spending Demand and supply: UK set to ban sale of new petrol and diesel cars...
...Electric chief....
...A Delaware judge has ruled Elon Musk has to forfeit $56bn of Tesla share awards from a long-term pay package, causing a storm at the electric-car maker and threatening to distract its boss from troubles...
...For example, US carmaker General Motors has committed to selling only electric vehicles by 2035, presenting its legal team with many challenges....
...The UK government recently pushed back the deadline to ban the sale of new petrol and diesel cars from 2030 to 2035, a decision that she said means “if you invest in electric vehicle charging infrastructure...
...You love being long rationality on the margin, but not in general. [MUSIC PLAYING] Short rationality in general, long on the margin. All right, Rob, I think that concludes another show....
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