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...Except, apparently, at the European consumer giant Unilever....
...Its European strategy is similar. Its new plug-in hybrid Seal U DM-i, which has a starting price of $23,000 in its home market, is set to go on sale in the coming months....
...The FT visited Detroit this week to take the pulse of the Motor City — stay tuned for our report later this weekend. The history of the Lions overlaps with the history of Detroit itself....
...United Auto Workers union is making unusually public efforts to unionise workers at 13 carmakers that have non-union plants, including Tesla, after it wrested sizeable pay rises and concessions from General Motors...
...“This has been a huge cultural shock to Elon,” said Matthias Schmidt, an independent European auto analyst. “He has gone out of his way to avoid unionisation, but this is a huge wake-up call.”...
...At the same time, Bird had to contend with competition from European and American scooter start-ups. There was also a regulatory backlash....
...US, Tesla’s home market and its largest, the UAW union has said it wants to recruit Tesla’s workers before 2028, as the union seeks to expand its membership beyond the Detroit carmakers of Ford, General Motors...
...U-Power last month signed a deal to supply New York-based EV start-up Olympian Motors with its skateboards....
...The way Tesla is making cars “is quickly moving to become an industry standard”, said one senior executive at a European automaker....
...At Stellantis, which owns the Ram and Jeep brands, European van and US truck sales account for just under half of the company’s profits, with per-vehicle margins dwarfing those of its passenger cars....
...“You still have to cover the market for what people can afford,” General Motors chief executive Mary Barra told investors last month....
...round-up Odey Asset Management in talks with SW Mitchell over Oliver Kelton’s funds (FT) Sam Bankman-Fried fails to dismiss criminal charges related to FTX (FT) US electric vehicle start-up Lordstown Motors...
...A version of this article was first published by Nikkei Asia on January 13 2023. ©2023 Nikkei Inc....
...An American investment firm — which scored a big success in calling out Nikola Motors — has alleged fraud....
...Great Wall Motor’s Ora and Wey each recently received a full five-star score from Euro NCAP, a European car safety performance assessment programme based in Belgium....
...Days after Tesla’s move, Ford Motor’s EV arm and Aito, a Huawei-backed EV brand, followed suit....
...No bloodletting in Valley from Holmes and TheranosInstead of seeing the Elizabeth Holmes case as a spur to toughen up due diligence, Silicon Valley is choosing to dismiss it as an outlier, writes Elaine...
...The company also brought in Dhivya Suryadevara from General Motors as chief financial officer....
...Arrival is one of more than a dozen new entrants to the motor industry to list by merging with a special purpose acquisition company within the past two years....
...Hesperos made a tissue chip with two cell types derived from patients’ stem cells, motor neurons and Schwann cells, which represent the functional characteristics of CIDP....
...Yet about a third of China’s exports into Europe were Chinese-owned European brands, such as Volvo Cars and MG Motor, while just 2 per cent represented Chinese brands, according to researchers at the Mercator...
...Since the beginning of October, Maga Inc, a newly created Trump super Pac, has spent $8.5mn on ads in Ohio, Pennsylvania, Georgia, Nevada and Arizona....
...As a result, Wells Fargo analysts downgraded General Motors and Ford, as the US companies would “likely be forced to sell money-losing compliance [battery electric vehicles]”, to meet ever-stricter regulatory...
...She previously spent 25 years at Société Générale, holding roles at the board and executive committee level and currently sits on the European Investment Bank’s risk committee....
...“We are in the final round before we go to manufacturing,” he says after Canoo cut ties with a European contract manufacturer and shifted production to the US....
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