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...guinea pigs to unproven tech that’s desperately underregulated is not what anybody has signed up for,” said Matthew Colvin, chief of staff of the Transportation Trades Department and one of the letter’s co-authors...
...It also recently opened a large research and development centre for Polestar, the electric vehicle brand owned by Volvo, the Swedish carmaker acquired by Geely in 2010....
...“We have no [research and development] facilities in China,” Nippon said....
...Taking Chinese government or development agency money often requires building plants in the country. “When you go global you don’t get that same kind of support,” he added....
...Speaking at the CNAS think-tank in Washington last week, Campbell said the US was working on development and co-production separately with the UK and Australia but “how we trilateralise some of that over...
...The chief executives of the two Japanese groups on Friday said the scope of their co-operation would include software, core EV components and auto intelligence technology....
...Kurt Campbell, the US deputy secretary of state and an advocate for Japanese involvement in Aukus, this week said the US was separately doing development and co-production with both the UK and Australia...
...Proceeds of the latest sale would be used to fund global business development within Geely, the Chinese company said....
...The company only made its first car in 2019 before pivoting to electric vehicles in 2021 and its speed of vehicle development has been faster than even the quickest in the industry....
...“As part of our long-term commitment, we envision building an EV ecosystem and fostering development in Indonesia,” he added....
...Joe Biden’s Inflation Reduction Act aims to dole out billions in subsidies for EV development to non-Chinese groups in a bid to reduce US exposure to Chinese technology in key supply chains....
...This is a sentiment shared by John Campbell of private advisory firm Campbell Lutyens – also GvE&Co’s (as the brand is now known) biggest UK collector....
...In addition, the group disclosed the extent of its reliance on its parent company Geely, which it leans on for “research and development, procurement, manufacturing, and engineering”....
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
...Previous accidents have slowed down but not stopped development of autonomous cars, including a fatal crash in Arizona in 2018. Concern for public safety is high, but so is public curiosity....
...Previously, Labour promised £2bn of co-investment for the fledgling industry but its pledge is now closer to £1.5bn....
...“We’re on track to outpace those projections,” says Kyle Vogt, co-founder and CEO of Cruise. “We don’t want to just have this massive safety, and convenience, and cost benefit in the US....
...All of this affirms VinFast’s seriousness and commitment in product development.” VinFast chief executive Thuy also rejected allegations of taking shortcuts in development....
...So I thought it was a good time to catch up with Armen Panossian, who will become Oaktree’s co-chief executive by March and currently heads up its performing-credit business....
...General Atlantic has prioritised growth in so-called sustainable investments, naming co-president Gabriel Caillaux as head of its climate-related strategy....
...Germany’s Volkswagen has formed “Power Co”, a unit that will supply some of its battery needs....
...Aggarwal co-founded the ride-hailing app Ola Cabs over a decade ago, before adding to his mobility empire by creating Ola Electric, and most recently expanding into artificial intelligence with start-up...
...The technology is not proven at scale, although China is attempting its own development at various oilfields....
...Others use regular high-speed services via Paris, Zürich and Lausanne. inghams.co.uk...
...In two hours’ time she will co-host a lunch for 22 with Laure Hériard Dubreuil, the founder of Miami-based fashion powerhouse The Webster....
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