Hints and tips:
Related Special Reports
...The shipping industry is turning to high-tech “wings” to speed up its path to decarbonisation. The wing, called FastRig, acts as a sail and could cut fuel consumption by up to 30 per cent....
...In January, Tesla warned that flagging demand, high interest rates and intensifying competition would lead to slower sales growth rates this year....
...“Investors previously focused on Tesla’s EV volume and cost advantage will potentially throw in the towel and eventually be replaced by AI/tech investors with longer time horizons.”...
...That would be a noteworthy milestone but getting the tech out on the roads will be the only test that truly matters. Uncertainty about how exactly tech develops is entirely normal....
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...Selling high-tech energy products and transportation services around the battery is how the company was “shaped from the beginning”, says McCarthy, the Shenzhen-based investor....
...His reputation as an indefatigable tech maverick helped to make emission-free vehicles desirable, first for the Silicon Valley crowd then the world....
...Elon Musk’s Tesla and Chinese rival BYD both reported sharp falls in electric car sales, adding to concerns of the slowing shift towards electric vehicles....
...Though Indian tech start-ups are struggling to raise funding in a globally high interest rate environment, Zypp aims to draw $300mn, spread across two rounds over the next three years, to finance its expansion...
...The results come at a turbulent time for Musk and the electric vehicle sector....
...Even as global temperatures smash through record highs, the oil industry is claiming the world can’t afford the rapid transition from fossil fuels to cleaner energy....
...Read our full range of US High School economics picks here....
...Nearly four years later, Japan’s second- and third-largest carmakers (behind Toyota) are planning to combine forces to develop electric cars in a bid to survive the coming wave of high-tech, low-cost models...
...“They have a growth problem, and when you are $400bn plus in revenue and you are a tech company, it’s part of your DNA to grow,” said Gene Munster at Deepwater Asset Management....
...Technology-related businesses represent nearly a third of the 2024 list, and our top-ranked company this year is Zypp Electric, an Indian electric-vehicle platform....
...Riding high on seemingly insatiable demand in recent years, Tesla had instead poured funds into developing its class-8 Semi haulage truck but has only delivered about 100 of them so far, while it continues...
...With typical grandiloquence, he claims that turning the company’s electric fleet into autonomous vehicles could be “the biggest asset value appreciation in history”....
...Electrek, the tech publication, first reported news of the job cuts. Tesla declined to comment. Additional reporting by Sylvia Pfeifer in London and Stephen Morris in San Francisco...
...The new business strategy comes after Nissan surprised investors by striking a partnership with its historic rival Honda to develop EVs in a bid to address the coming wave of high-tech, low-cost models from...
...US stocks finished higher on Monday, with Big Tech names leading the S&P 500 to a record high close before several of them report quarterly earnings this week....
...The tech-heavy Nasdaq Composite fell 0.5 per cent. Tesla shares fell 3.1 per cent, on track for their fifth loss in a row. The electric-car maker has fallen 14 per cent in April....
...Such loans take priority over other creditors and typically command high interest rates....
...His contacts proved useful too as Hertz struck high-profile partnerships with various Big Tech powerhouses....
...When I was at the CES trade show in Las Vegas earlier this year and wrote a story about Chinese EV maker Xpeng’s big ambition to deliver its dual-mode electric vertical take-off and landing (eVTOL) vehicle...
...It has been pushing into the high-end smartphone market in recent years, but still has a long way to go to change its image as a budget player....
International Edition