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UK manufacturing
Fears grow for British Steel’s rescue deal
...Unions have been balloting members over industrial action about the proposed cuts, with Unite voting in favour last week....
April 20, 2024
UK manufacturing
Chinese carmaker Chery eyes UK factory this decade
...A potential UK plant would focus on electric cars but could also produce petrol and hybrid models for both of Chery’s brands, depending on demand, Zhang said....
January 4, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
Electric vehicles
IEA bullish on electric vehicle sales in 2024
...Much of that growth came from China, where two-thirds of electric cars were already cheaper to purchase than their petrol equivalents, the IEA found....
April 23, 2024
Nissan Motor Co Ltd
Nissan looks for partnerships to cut electric vehicle costs
...Under the plan, Nissan will launch 30 models over the next three years, about half of which will be electric vehicles, plug-in hybrid cars and other electrified versions....
March 25, 2024
Inside BusinessKana Inagaki
Oil and water: why Nissan and Honda are setting aside their rivalry
...Nearly four years later, Japan’s second- and third-largest carmakers (behind Toyota) are planning to combine forces to develop electric cars in a bid to survive the coming wave of high-tech, low-cost models...
April 9, 2024
The FT ViewThe editorial board
The electric vehicle revolution is running out of steam
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
April 10, 2024
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
UK manufacturing
Vauxhall owner Stellantis to make electric vans at Luton plant
...The plant in north-west England makes smaller electric vans....
February 22, 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
Cobalt
Cobalt market stung by record oversupply
...The surge in output is expected to strengthen China’s dominance over the production and price of a metal used in electronics, electric cars and aviation....
March 1, 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
Electric vehicles
Honda and Nissan to join forces to survive electric vehicle race
...Honda and Nissan will team up to develop electric cars, days after Volkswagen said it may collaborate with Renault, as traditional carmakers combine forces in the face of the threat from Chinese EVs....
March 15, 2024
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
LexElectric vehicles
Automakers beware: BYD can still afford to cut prices Premium content
...Just when China’s electric car prices seemed like they could go no lower, BYD has announced one of its most aggressive rounds of price cuts yet....
March 26, 2024
Tata Steel Ltd
Tata Steel workers vote to strike over Port Talbot blast furnace closures
...“By restructuring our UK operations, we will be able to sustain the business as we transition to new electric arc furnace technology,” it said....
April 11, 2024
UK manufacturing
Vauxhall group tells ministers to do more to convince UK drivers to go electric
...the transition to electric and safeguarding skilled jobs in the UK car industry”....
February 28, 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
Electric vehicles
Can European carmakers stop China’s electric behemoth BYD?
...“Europe’s industrial strategy is totally missing,” said De Meo, who also heads the European carmakers’ association, ACEA....
February 29, 2024
LexCATL
Profitability worries for world’s largest EV battery maker are overdone Premium content
...Ltd. proved those wrong. The battery group’s full-year earnings should handily beat analyst expectations....
January 31, 2024
Bentley Motors Ltd
Bentley boosted by ‘jaw-dropping’ demand for bespoke cars
...The Volkswagen-owned luxury brand said it would continue selling its hybrid models into the next decade, watering down a previous plan to sell exclusively electric vehicles by 2030....
March 19, 2024
LexElectric vehicles
Evergrande’s EV troubles reflect BYD’s squeeze of Chinese rivals Premium content
...Chinese electric-vehicle makers appear to be taking over the world. The reality is more that BYD is powering ahead of a large number of sputtering domestic competitors....
January 8, 2024
EU-China relations
EU launches 2 probes into China solar manufacturers
...The other is made up of two European subsidiaries of the Chinese state-backed power company Shanghai Electric....
April 3, 2024
LexNissan Motor Co Ltd
Nissan: UK bet charges up carmaker’s electric plans Premium content
...The Sunderland plant, which started production in 1986, is Britain’s largest electric car factory....
November 24, 2023
Volvo Car AB
Volvo Cars to stop funding Polestar electric sports car business
...Volvo said it was targeting an 8 per cent margin by 2026, through higher margins on new electric cars, as well as cost cuts across the business....
February 1, 2024
News in-depthElectric vehicles
Ola Electric heads for two-wheeler IPO in India’s first EV listing
...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....
January 17, 2024
BYD Co Ltd
BYD misses profit forecasts as Huawei challenge emerges
...BYD has for much of the past year cornered a market share of about one-third of sales of plug-in hybrid and battery-powered electric vehicles in China....
March 26, 2024
BYD Co Ltd
China’s BYD to build electric vehicle plant in Indonesia
...The south-east Asian nation is home to the world’s largest reserves of nickel, an integral part of batteries for electric vehicles....
January 18, 2024

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