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...giant to taper its electric ambitions....
...A national champion created in 2010 through a government-orchestrated merger of the chip units of Hitachi, Mitsubishi Electric and NEC, Renesas uses Altium’s software design tools for its own development...
...With typical grandiloquence, he claims that turning the company’s electric fleet into autonomous vehicles could be “the biggest asset value appreciation in history”....
...The public unveiling of the robotaxi in August “may well be make-or-break time for [Tesla’s] long-promised” self-driving technology, he added....
...Apple has cancelled its efforts to build an electric car as it pivots to focus research funding on generative artificial intelligence, according to a person familiar with the matter....
...Joel Miller and James Redelsheimer, Foundation for Economic Education. Click here for FEE FT Classroom Edition with classroom-ready presentations and suggested answers for teacher....
...Another method is finding matched pairs of companies — in similar industries, of similar size, deploying similar technologies — and following each very closely over a long period, to observe how management...
Shares drop after car sales slip in first quarter
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...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...There are “over 200 companies globally working on [electric and self-driving] technology, and over 20 carmakers already selling more than 10,000 EVs per year, while Apple was still in the testing phase”,...
...Anything from medical devices to electric vehicles might plausibly be considered critical infrastructure....
...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...
...Attorneys for shareholders who defeated Elon Musk’s $56bn Tesla pay package have asked a Delaware state court to award them shares in the electric vehicle maker worth nearly $6bn as payment....
...But nearly all the world’s purely electric carmakers remain lossmaking. Hybrids, on the other hand, use older technology and offer automakers lucrative production-cost advantages....
...In total, the UK has nearly 54,000 public charging points compared with 1mn fully electric vehicles, a ratio of just over 18:1....
...Devin Nunes, chief executive of Trump Media & Technology Group, wrote to the head of the Nasdaq exchange this week “to bring your attention to potential market manipulation” of the company’s stock, according...
...Oddly, Apple never confirmed the existence of its electric, self-driving car project. The cost of development was not made explicit in expenses....
...“I want to be an effective steward of very powerful technology,” he said....
...Drew Baglino, senior vice-president leading Tesla’s engineering and technology development for batteries, motors and energy products, announced on X today that he would leave after 18 years at the auto group...
...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....
...Bird Global, the company that pioneered on-street electric scooter rentals, has filed for Chapter 11 bankruptcy protection in Florida, five years after becoming the fastest start-up ever to reach a so-called...
...Xiaomi sales surged 34 per cent to attain a 14 per cent market share, as the Beijing-based electronics group experienced a wave of publicity surrounding the debut of its electric car....
...China has introduced new guidelines that will mean US microprocessors from Intel and AMD are phased out of government PCs and servers in its most significant step yet in replacing foreign technology with...
...Additional reporting by Joe Miller in New York...
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