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...After years as the world’s only serious electric vehicle maker, Tesla is finally facing real competition, both from established carmakers such as Hyundai and from rapidly growing Chinese brands that have...
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...The 93-year-old Buffett and his anointed successor Greg Abel have been watching as billions of dollars of liabilities accumulate at Berkshire’s energy division, where its largest electric utility is wrestling...
...Many other people, most of them apparently heading to the MWC as well, looked as shocked as I was. A very kind Chinese man offered to share an Uber with me, though we had to wait 20 minutes for a car....
...Beijing has signalled an increasing willingness to intervene in the EV market following a series of western complaints, as well as domestic concerns over the EV sector displaying signs of a boom-and-bust...
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...Second, break-ups between the local operating companies and AT&T long-distance, and the divestiture of Western Electric, which made telephones. Third, mandatory interoperability....
...The process normally takes three to six months, but this one is expected to be completed as early as the end of January, they added....
...India’s 20mn-strong motorcycle market also presents a massive growth opportunity for chips for electric two-wheelers and battery technology, Chua said....
...“The technology is not very strong. And BYD, as a company, has pretty severe problems on their home turf.”...
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...Li in November reassigned the unit’s longtime head Li Zhenyu to a rotational role as his assistant and chair of a “technology ethics committee”....
...Labour’s Rachel Reeves, would-be successor to chancellor Jeremy Hunt, last night laid out her own plans for the economy, pledging to borrow only to invest and to match existing fiscal rules....
...However, he added that it was also an admission by VW of its inability to compete in the electric market without Chinese technology....
...ExxonMobil has reappointed Bart Cahir as the head of its shale business after his successor David Scott was charged with sexual assault earlier this month....
...From battery maker to Tesla-beater? China has developed a competitive electric vehicle industry that is ready to step on to the global stage, led by its biggest EV maker, BYD....
...used in electric cars, wind turbines and other heavy applications, as well as consumer electronics....
...However, some were selling as low as 20 cents....
...The move reflected Moscow’s longstanding desire to make state institutions switch away from foreign technology....
...The announcement comes as shareholders of Tesla, the electric-car maker that Musk also runs, have increasingly put pressure on him to return his focus to that company, whose shares have fallen 30 per cent...
...A US chipmaker has announced plans to build a €3bn factory in west Germany in a move hailed by senior German officials as a sign that Europe can compete against powerful US green subsidies....
...And because China is ahead in many of these technologies as well, it’s not just about the demand. They need to actually absorb some of these technologies as well. So there’s that need....
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