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InterviewCATL
China’s ‘battery king’ dismisses solid-state EV commercialisation as years away
...Beijing and Washington are threatening Zeng’s aspirations, the most recent flare-up coming in December when CATL customer Duke Energy disconnected the group’s batteries installed at a North Carolina Marine Corps...
March 27, 2024
Toyota Motor Corp
Toyota Industries investor blames group’s ‘broken culture’ for data scandals
...Toyota has already unwound some of its cross-shareholdings to mobilise resources for the massive investments needed in battery electric vehicles and technology....
February 14, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
China International Capital Corp Ltd
Investment bank CICC wants to be ‘bridge’ for Chinese companies in south-east Asia
...It hopes to offer services in areas that encompass Indonesia’s digital economy as well as the electric vehicle ecosystem, which includes nickel....
March 18, 2024
EU trade
EU launches anti-subsidy probe into Chinese train maker
...It can also use traditional trade defence measures, such as the antisubsidy investigation it launched last year into Chinese electric vehicles....
February 16, 2024
Liberty Media Corp
Formula One owner closes in on €4bn deal for MotoGP
...Dorna promotes several competitions, including the Superbike World Championship and an electric biking series called MotoE. It organises 251 races a year in 20 countries....
March 27, 2024
LexElectric vehicles
Xiaomi can still accelerate on its electric car launch Premium content
...In China’s hyper-competitive electric vehicle market, a company usually needs more than just a new model for a stock price boost....
April 2, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Inside BusinessJune Yoon
BYD’s $230,000 electric sports car signals plan to take on VW and Toyota
...After overtaking Tesla as the world’s largest electric-vehicle maker last year, BYD has started releasing higher end models, the latest being its Yangwang U9 electric sports car with that price tag, to try...
March 5, 2024
LexNissan Motor Co Ltd
This Nissan-Honda team will struggle to match EV rivals Premium content
...That gives it more resources to catch up on electric offerings, with strong hybrid sales bridging the transition....
March 18, 2024
Electric vehicles
MG’s Chinese owner and Indian steelmaker JSW team up to build electric vehicles
...India’s biggest steel producer JSW and Chinese carmaker SAIC Motor on Wednesday launched a $1.5bn joint venture to build and sell MG-brand electric vehicles in the world’s most populous country....
March 20, 2024
News in-depthXiaomi Corp
The Steve Jobs of China turns car salesman in Xiaomi’s EV evolution
...The group’s rapid transition from EV wannabe to mass production has been aided by the rise of a mature supply chain in China for the electric car industry....
April 5, 2024
Rare earths
Mining billionaire Rinehart builds rare-earth stakes in push for non-Chinese supply
...Rare earths are a set of 17 elements used in a variety of products critical to the energy transition, including wind turbines and electric vehicles....
April 17, 2024
News in-depthElectric vehicles
Was Toyota’s bet on hybrid cars right all along?
...Consumers would balk at buying more expensive fully electric cars, Toyota repeatedly warned....
February 26, 2024
Nikola Corp
Nikola rejects Trevor Milton board nominees after fraud sentence
...Nikola will not support a slate of board nominees proposed by its founder Trevor Milton, putting a dent in his plan to regain influence over the troubled electric truck start-up after he was convicted of...
February 9, 2024
Toyota Motor Corp
Toyota raises profit forecast as hybrid sales soar
...The buoyant sales of hybrid electric vehicles counter concerns from some analysts that Toyota is not moving fast enough towards pure battery-electric vehicles (BEVs)....
February 6, 2024
Inside BusinessPeter Campbell
Electric vehicle failures offer lessons for the next boom
...The global battery rush and broader electric vehicle boom are still in full tilt, attracting a glut of businesses large and small....
November 24, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Xiaomi Corp
China’s smartphone maker Xiaomi bets on EVs even as Apple pivots
...its decade-long project to build an Apple Car, its rival as the world’s third-largest smartphone maker has begun an audacious attempt to become a top-five auto manufacturer, with the debut of its first electric...
March 29, 2024
Toyota Motor Corp
Toyota chair apologises for faulty data scandals and promises action
...Toyota sold 104,018 pure-electric vehicles in 2023 and is targeting 123,000 in its fiscal year to the end of March, lower than a previous target of 202,000....
January 30, 2024
LexElectric vehicles
China’s smartphone makers can find an edge in cars as Apple retreats Premium content
...Apple may have halted its efforts to build an electric car but Chinese smartphone maker Xiaomi is accelerating....
March 12, 2024
Toyota Motor Corp
Strong demand from US and Europe helps Toyota hit annual production record
...Strong sales of hybrids have compensated in 2023 for its slow rollout of electric vehicles....
December 27, 2023
LexToyota Motor Corp
Toyota testing scandals overshadow top sales ranking Premium content
...But of that total just a tiny fraction, about 104,000 cars, were battery electric cars....
January 30, 2024
Albemarle Corp
Top lithium producer Albemarle downgrades 2030 demand forecast as EV shift slows
...Analysts also said that the growing adoption of plug-in hybrid electric vehicles, which also have smaller batteries, would also lower lithium demand....
February 16, 2024
United Steelworkers
Should US steelworkers fear a Nippon deal? Biden and a powerful union say ‘yes’
...Originally, Nippon proposed purchasing only US Steel’s electric arc furnace “mini-mills” in Arkansas, where workers are not represented by a union, although it has since said that its proposed $1.4bn in...
April 18, 2024
Mining
Elliott Management on the hunt for mining assets worth at least $1bn
...The mandate is to look for deals across all assets, including base and precious metals in addition to commodities in demand for electric vehicle production....
February 23, 2024
Toyota Motor Corp
Toyota explores UK investments after hybrid ban postponed
...Vauxhall owner Stellantis started production of electric vans at Ellesmere Port, while JLR announced eight new electric models and its owner Tata Motors has committed £4bn to a UK battery factory....
December 4, 2023
Electric vehicles
Nikola founder Trevor Milton sentenced to 4 years for fraud
...Trevor Milton, the founder of electric and hydrogen-powered truckmaker Nikola, was sentenced to four years in prison on Monday for lying to investors about the readiness of his start-up’s technologies in...
December 18, 2023

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