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Tesla Inc
Tesla scouts sites for $3bn India car plant in boost for Modi
...Indian steelmaker JSW last month launched a $1.5bn tie-up with China’s SAIC Motor to build and sell EVs in India....
April 3, 2024
Clayton Dubilier & Rice Inc
US buyout firm CD&R hires former Tesco chief Dave Lewis
...It also owns assets including petrol station operator Motor Fuel Group and part of car windscreen repair company Belron. CD&R has explored the possibility of selling MFG....
January 15, 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
News in-depthApple Inc
Apple parks its electric car project in sign of EV industry’s struggles
...Then, last week, fellow start-ups Rivian and Lucid Motors also announced lacklustre results, sending their shares tumbling....
February 28, 2024
Inside BusinessJune Yoon
BYD’s $230,000 electric sports car signals plan to take on VW and Toyota
...That puts BYD in direct competition with gasoline cars....
March 5, 2024
News in-depthAutomobiles
How VW and Toyota became the targets of an emboldened US union
...“We’re not Ford, GM and Chrysler building these $30, $40 or $50,000 cars,” he said. “Our cars are $100,000-plus. So why would we not deserve this? Because we live in Alabama?...
April 4, 2024
LexApple Inc
Apple is not the only company backing away from driverless cars Premium content
...Cruise, the self-driving car subsidiary of General Motors, targeted annual revenues of $1bn by 2025. Last year, the business reported sales of just $102mn amid a $3.4bn loss....
March 7, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
HTSI
The beauty and brutalism of the Great Balkan Rally
...Towering above the car park is the Hotel Budapest’s distinctive cylindrical shape, a 1970s barrel of concrete and small windows....
February 2, 2024
Apple Inc
Apple cancels secretive electric car project in shift to focus on AI
...Apple’s decision to wind up its car project comes as it prepares to announce more details of its work in the fast-growing generative AI sector....
February 27, 2024
Inchcape PLC
Inchcape to sell UK dealerships for £346mn
...The transaction is also the latest in a series of takeovers in the UK motor retail sector where consolidation has meant only Vertu and Caffyns remain....
April 15, 2024
Tesla Inc
Tesla to cut 10% of global workforce
...Unlike legacy carmakers, Tesla is particularly exposed to the slowdown in battery-powered cars given it exclusively makes EVs....
April 15, 2024
Tesla Inc
Tesla and BYD sales fall as concerns mount over electric shift
...Sales growth of electric cars has slowed in the past year, with carmakers increasingly forced to discount models in order to generate sufficient consumer demand, while companies from General Motors and Ford...
April 2, 2024
Scoreboard
Is Netflix limbering up for live sport? Premium content
...Belfast’s Casement Park is in line to be a venue for Euro 2028, due to be held across the UK and Ireland....
January 27, 2024
News in-depthAutomobiles
Paris SUV vote sets up Europe’s battle over large cars
...In the US, Chrysler was the first company to phase out traditional cars from its brands, making only SUVs, “crossovers” and pick-up trucks. Ford and General Motors have since followed suit....
January 31, 2024
Electric vehicles
‘The early adopters have adopted’: US carmakers slow their EV growth plans
...Ford, General Motors and Tesla have all pumped the brakes on expanding EV production capacity in recent weeks....
October 28, 2023
News in-depthApple Inc
China’s love affair with Apple and Tesla hits rocky patch
...Shanghai’s state-owned carmaker SAIC Motor, for example, had its 15 per cent tax rate for being a “high-tech enterprise” renewed four times since 2008....
March 10, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Rare earths
The rare earths mine becoming a bellwether for US minerals policy
...“Your green energy, wind turbines, electric cars, drones and handheld cell phones all have rare earth elements in them,” said George Bennett, chief executive....
April 21, 2024
Rivian Automotive, Inc.
Electric-truck maker Rivian projects no production growth in 2024
...Rivian went public in late 2021 with a market capitalisation of more than $100bn — bigger than Ford and General Motors....
February 21, 2024
Due Diligence
How buying Teslas hurt Hertz Premium content
...Replacing him is Gil West, a former chief operating officer of Delta Air Lines and General Motors’ Cruise self-driving car unit....
March 20, 2024
Nissan Motor Co Ltd
Nissan to lead £2bn electric-car investment in Sunderland plant
...The third factory would be built on a supplier park next to the Sunderland plant, said Nissan on Friday....
November 24, 2023
Driverless vehicles
China challenges the west for driverless car supremacy
...Autonomous vehicle safety has been in the spotlight since early October, when a robotaxi operated by Cruise, the General Motors driverless car division, collided with a pedestrian and then dragged the person...
January 31, 2024
Hertz Global Holdings Inc
How Hertz’s bets on Tesla and a Goldman veteran veered off course
...Gil West, a former chief operating officer of Delta Air Lines and General Motors’ Cruise self-driving car unit, will be replacing him. Instead of enjoying a boom, Hertz is in trouble again....
March 20, 2024
FT Swamp Notes
Tyler Cowen: Why we will learn to love AI Premium content
...For those who argued that our age’s innovations — its noise-cancelling headphones, driverless cars and WiFi saturation — matched what happened in the 100 years of explosive change that ended around 1970,...
April 19, 2024
ExplainerElon Musk
What the $56bn Tesla pay deal setback means for Elon Musk and his empire
...Back then it was not a given prospect: Tesla was in the midst of “production hell”, building cars in a tent in its car park, while making some models without seats or computer modules because of supply chain...
January 31, 2024
HTSI
Slow Cycling in South Africa
...It’s a journey of approximately 330km and a 4,500m climb – a startling ascent that is, in fact, barely noticeable (the bike’s internal motor makes short work of even the steepest incline)....
April 3, 2024
Tech start-ups
Toyota home ground becomes base for drone and space start-ups
...Start-ups developing future forms of transport such as space planes, drones and flying cars are emerging in central Japan’s Aichi prefecture, home to Toyota Motor and its suppliers, driven by a sense of...
February 13, 2024

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