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...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...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...
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...The Chinese electric vehicle sector has begun to tap offshore markets for more funding, with shares in EV maker Zeekr gaining 34 per cent on Friday in the biggest IPO in the US by a Chinese company since...
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...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....
...The results come at a turbulent time for Musk and the electric vehicle sector....
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...Wildfire lawsuits pushed California’s PG&E into bankruptcy in 2019 and Hawaiian Electric has seen its share price collapse amid mounting lawsuits over devastating fires on the island of Maui last year....
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...Buffett highlighted as examples of wildfire liabilities both PG&E and Hawaiian Electric, which has been sued in connection with last year’s devastating Maui inferno....
...With typical grandiloquence, he claims that turning the company’s electric fleet into autonomous vehicles could be “the biggest asset value appreciation in history”....
...“I still love the company....
...Sales of higher-margin combustion engine vehicles help with cash flows while the legacy European companies invest in electric models. The question is how long the breathing space will last....
...into entering Thailand, the region’s second-biggest auto market, BYD holds the position as the biggest EV maker and the third-largest automaker for the overall passenger car market, according to research company...
...Shares of Hawaiian Electric Industries have fallen nearly 70 per cent this month....
...But they also want to know whether Elon Musk’s company is in the midst of a major change in direction, after reports that it was slowing plans for a cheaper $25,000 electric car — known unofficially as the...
...The Technoking is the reason Tesla remains the most distinctive car company in the world....
...of the company....
...“We are hard-pressed to think of any other precedent of a company of Tesla’s size basing its path of success on such binary bets,” writes Barclays, apropos the latest thing:https://twitter.com/elonmusk/status...
...Scaringe told investors on an earnings call that the company’s bank of orders had declined....
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