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...He said he had backed the economic policies of former prime minister Liz Truss and her chancellor Kwasi Kwarteng, adding that he “thought they were doing the right thing”, although he acknowledged: “I’m...
...The tone of her apology at the despatch box, in which she said “I’m very sorry that the sequencing that we chose was not to your satisfaction,” drew sharp intakes of breath from opposition MPs....
...“Tariffs will force carmakers to localise EV production in Europe, and that’s a good thing because we want these jobs and skills,” said Julia Poliscanova, policy director at T&E....
...The new EV models — Vauxhall/Opel Vivaro Electric, Peugeot E-Expert, Citroën ë-Dispatch and Fiat Professional E-Scudo — are expected to account for about a tenth of the site’s output initially....
...Marc FilippinoI’m Marc Filipino, and here’s the news you need to start your day....
...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.”...
...M&M Residual, an entity belonging to Milton, last month put forward five candidates for election to the company’s board, Nikola said on Friday....
...They also rejected the idea of allowing “e-fuels” made from captured carbon....
...including Peugeot and Fiat, hopes to offer an electric model in Europe that would cost less than €20,000, according to European operations boss Uwe Hochgeschurtz, by cutting costs from its new electric Citroën e-C3...
...I’m a contrarian, I think go the other way around: take the tariffs that we have and reduce them,” he told the Financial Times....
...“I’m shacked up here”, he explains, “with the poor creatures do talk to God.”...
...All of the top-10 selling US EVs in the country have discounts, including $5,000 from Tesla for its Model 3 or Model Y cars, and more than $8,000 for the Ford Mustang Mach-E and the Hyundai Ioniq 5....
...Carl Vine, a portfolio manager at M&G and a Toyota shareholder, thinks the company has “gotten an unfair rap in recent years”....
...A green party politician in Socialist mayor Anne Hidalgo’s governing coalition, Belliard instigated just such a ban last year of e-scooter operators on the city’s streets with a similar referendum....
...they don’t understand how consumers shop today and they don’t understand the dynamics of a marketplace with no barriers to entry, constant influx of new competitors,” Joanne Crevoiserat, the company’s C.E.O...
...“I’m sure the logistics companies will be using the fact we are using [the ships] for a longer time to negotiate the cost,” he said....
...For months, the Ford dealership in the North Hills neighbourhood of Los Angeles sold the electric Mustang Mach-E at a mark-up, citing huge demand....
...While Ford’s first electric car, the Mustang Mach-E, was well received by motoring audiences, it was made using the base from an existing petrol model, rather than taking a ground-up approach....
...In the US, Hyundai was discounting the Ioniq 5 by $9,400, while Ford cut $6,700 from the price of a Mustang Mach-E, whose buyers separately qualify for a partial EV tax credit....
...“If I’m shopping on value, BYD has got five models that are cheaper [than Tesla]. And they’re newer,” said Bill Russo, former head of Chrysler in China and founder of advisory firm Automobility....
...“If you don’t have any e-fuels, you will never fix the current fleet.”...
...In comparison to a fairly dilapidated rental e-scooter I’d ridden around my home town in Essex, the Bo M felt positively grandiose....
...Here’s what else I’m keeping tabs on today: US-Middle East diplomacy: President Joe Biden hosts Jordan’s King Abdullah II at the White House for talks on resolving the Israel-Hamas war....
...“So if it does go to auction, I’m probably going to auction myself off with it.”...
...But I’m always grateful to be joggled awake by such venerable manoeuvrings, glad for every reminder of where I am and what I’m doing, and aware I will soon be rocked back to sleep....
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