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...Schneider said on Friday it had “been holding discussions with Bentley Systems with regards to a potential strategic transaction”, adding that talks were still preliminary....
...The future path of sales of electric vehicles has become a source of much angst for carmakers, as well as a highly charged issue in the culture wars....
...Failed electric van start-up Arrival collapsed owing close to £200mn and holding less than £150,000 of cash, insolvency documents show....
...“It’s a lack of affordable vehicles that is holding back more profound growth in EV adoption in the US,” said Sam Adham, analyst at CRU Group....
...First, they decided that the century-old company would reposition itself as a forward-looking “mobility” group that would stand out in a crowded field with a fleet heavy on Tesla’s electric vehicles....
...Ola Electric also aims to produce electric cars and has been designing batteries that it hopes to put into commercial production this year, after missing Aggarwal’s previous 2023 deadline....
...Geely’s owner Eric Li already owns a stake in Polestar but the Geely holding company does not....
...Paris, where I live, is holding a referendum on February 4 on a special parking tax for heavier SUVs. In a few years, mayors might start tackling self-driving cars....
...As part of the agreement, the French carmaker reduced its 43 per cent stake in Nissan, while the Japanese group gained voting rights for its own 15 per cent holding in Renault....
...The singer, 31, is the son of one of Nigeria’s biggest industrialists, Adedeji Adeleke, who runs the conglomerate Pacific Holdings....
...Local automaker Geely Automobile Holdings set a sales volume record for its new-energy vehicles last year, helping its earnings beat estimates....
...Morishima argued that this Japanese business culture was one factor holding back the country’s EV industry....
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...Geely Holdings said it sold about 2.8mn vehicles across its brands last year....
...On the Swedish trip, most of the participants did not even directly invest in China but felt they needed to attend because of their holdings on the domestic stock market....
...A “complete lack of historical data” on a range of issues — from charging locations to the best utilisation rate to maximise profit while not keeping motorists waiting — is holding back investment, Carelli...
...In the span of a week, Rinehart’s Hancock Prospecting has bought shares in Australia’s Lynas and taken a 5 per cent holding in US-listed MP Materials....
...Attorneys for shareholders who defeated Elon Musk’s $56bn Tesla pay package have asked a Delaware state court to award them shares in the electric vehicle maker worth nearly $6bn as payment....
...The Jazz at Lincoln Center Orchestra signalled its balance of orchestral jazz spectacle and nightclub intimacy from the start....
...Tesla had tried hard to win residents round to its expansion plan, holding weekly town hall meetings where locals could air their misgivings and ask questions about the project....
...Who Jameson Sotheby’s International Realty House, Lincoln Park, $4.6mn Where On N Lincoln Park West, right next to the park and about 20 minutes by foot from the shore of Lake Michigan....
...Clever Republican strategists at groups such as the Lincoln Project were brilliant at making provocative TV ads....
...Bird also listed European rival Tier, from whom it acquired its US subsidiary Spin in September in a $19mn deal, as holding a more than 10 per cent equity stake....
...“We could have reached a compromise on pay and benefits, but so far the UAW is holding the deal hostage over battery plants,” he said. “Keep in mind, these battery plants don’t exist yet.”...
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