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Rivian Automotive, Inc.
Electric-truck maker Rivian projects no production growth in 2024
...Sales grew by 55 per cent between January 2022 and January 2023....
February 21, 2024
Electric vehicles
IEA bullish on electric vehicle sales in 2024
...This shift will have major ramifications for both the auto industry and the energy sector.”...
April 23, 2024
FT Live
Crypto and Digital Assets Summit Asia
Transforming mainstream finance
Thursday, 5 DecemberDigital Conference
Electric vehicles
US gives carmakers more time to meet aggressive emissions targets
...The Biden administration is giving carmakers an extra three years to meet aggressive emissions targets, bowing to pressure from manufacturers, auto workers and the oil industry in a move that could slow...
March 20, 2024
BYD Co Ltd
BYD misses profit forecasts as Huawei challenge emerges
...BYD profits rose last year but fell short of expectations as Tesla’s main Chinese rival felt the brunt of intensifying competition and slowing sales growth....
March 26, 2024
Tesla Inc
Tesla and BYD sales fall as concerns mount over electric shift
...Tesla’s sales figures also “suggested a sharp deterioration in growth” in the US, said Tom Narayan, an auto analyst at RBC Capital Market, while the Model Y and 3, which account for more than 90 per cent...
April 2, 2024
Tesla Inc
Tesla to cut 10% of global workforce
...The pressure is especially high in China, the world’s biggest auto market and the US EV maker’s second-largest market by sales, where competition between local EV makers and foreign carmakers is heating...
April 15, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Tesla Inc
Tesla shares rise on plans to accelerate launch of ‘more affordable’ models
...Most big US carmakers have reported a drop in electric vehicle sales due to softening consumer demand, a shift in preference to hybrids and increased competition from low-cost options from Chinese brands...
April 24, 2024
Electric vehicles
Ship shortage holds up Chinese EV sales in Europe
...Renault, BMW and Volvo Cars also manufacture some models in China for sale in Europe....
January 8, 2024
BYD Co Ltd
BYD loses EV throne to Tesla as sales slip
...I’m gonna wait and buy it at the bottom’,” said Stephen Dyer, partner and managing director at consultancy AlixPartners in Shanghai. “It actually slowed down sales when that happened.”...
April 2, 2024
General Motors Co
GM says strike has cost $800mn as 5,000 more workers walk out
...Revenue rose 5 per cent from the same period a year earlier, to $44bn, with Jacobson citing strong sales and “healthy” pricing....
October 24, 2023
The FT ViewThe editorial board
The electric vehicle revolution is running out of steam
...The lull in EV sales is having a damaging impact on the auto industry....
April 10, 2024
XPeng, Inc
China’s Xpeng to boost spending to survive ‘bloody sea’ of EV competition
...The slowing pace of sales growth has fuelled expectations among auto executives for a wave of consolidation that will leave only a handful of companies in the world’s largest car market....
February 19, 2024
Tesla Inc
Tesla’s Q1 is going to be a wreck. Will anyone care?
...It was something tenable on the horizon, so was a reason to look past the current EV sales slump....
April 17, 2024
Special ReportBusiness School Sustainable Education
Business school teaching case study: how electric vehicles pose tricky trade dilemmas
...Moreover, GM and Ford have been concentrating on making bigger and higher-priced electric SUVs and pick-up trucks, but sales for those have been relatively sluggish....
March 12, 2024
Unhedged
Where Tesla departs from the Mag 7 Premium content
...Yet sales, the same data set predicts, will lag even further behind. EV interest last year resulted in sales of 9.5mn vehicles, but the figure is only expected to be 9.8mn this year....
April 3, 2024
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
Electric vehicles
‘The early adopters have adopted’: US carmakers slow their EV growth plans
...Dealers are taking 88 days to sell their entire supply of electrified cars and trucks, compared to 39 days in October 2022, according to Cox....
October 28, 2023
News updates from October 4: Oil sinks more than 5%, Sunak axes northern leg of HS2
Ford vehicle sales rise in third quarter before onset of UAW strike
...cars and trucks between July and September....
October 4, 2023
Inside BusinessJune Yoon
BYD’s $230,000 electric sports car signals plan to take on VW and Toyota
...Less than two years 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...
March 5, 2024
Tech start-ups
Toyota home ground becomes base for drone and space start-ups
...The effort was proposed by the start-up Prodrone, which was founded in 2015 and is now developing load-carrying drones dubbed “flying pick-up trucks.”...
February 13, 2024
Inside BusinessPeter Campbell
How a survivalist mentality has helped Stellantis eclipse VW
...But Stellantis has strengths, not least a vibrant US operation, with the profitable RAM pick-up trucks and Jeep vehicles. Yet ultimately this is a tale of two cultures....
March 13, 2024
News in-depthGeely Automobile Holdings Co Ltd
Geely’s funding hopes clouded by Lotus share price collapse
...Mercedes-Benz, Volvo trucks and Aston Martin....
March 11, 2024
Tesla Inc
Tesla’s Cybertruck: hotly anticipated, long delayed, a ‘nightmare’ to make
...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....
October 21, 2023
News in-depthTesla Inc
Tesla’s ‘gravity-defying’ powers at risk as EV market slows
...More than 90 per cent of Tesla’s sales are the Model 3 and Model Y, vehicles with prices starting above $35,000....
April 5, 2024
Electric vehicles
Hyundai is big in America after focusing on smaller EVs
...“Korea lacks auto software engineers and Hyundai is weak in that field, so it is expanding co-operation with foreign tech companies....
January 8, 2024
Berkshire Hathaway Inc
Berkshire Hathaway settles dispute over value of Pilot Travel Centers
...The surging valuation coincided with a boom in sales at Pilot’s truck stops, as companies raced to overcome supply chain disruptions they faced in the midst of the pandemic....
January 8, 2024

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