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...PacifiCorp has also halted dividend payments to BHE and does not plan to restart them in the coming years, a suspension that the Berkshire division warned could affect its “ability to fund its operations...
...Share moves to note on the New York Stock Exchange include Berkshire Hathaway, Domino’s Pizza and Alcoa: Warren Buffett’s Berkshire Hathaway dipped 0.9 per cent after it said its electric utility PacifiCorp...
...Is the electric vehicle market starting to run flat?...
...Specification: Operations Click to watch the video below and then answer the questions: Nissan to lead £2bn electric-car investment in Sunderland plant Assess the importance of government incentives...
...The results come at a turbulent time for Musk and the electric vehicle sector....
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...Meanwhile Formula E’s London-based race operations entity generated more than €250mn in revenues in its last financial year to the end of September 2023, up from around €180mn the prior year, according to...
...Two US utilities in the west, PG&E and Hawaiian Electric, have faced steep financial distress from wildfire liabilities in recent years....
...Glencore plans to suspend production and sell its stake in the Koniambo nickel operations in New Caledonia after a sharp slump in price for the metal, a component of stainless steel and electric car batteries...
...VW was “considering co-operation” that would share costs by “hoisting the platform on more shoulders”, he said....
...One of its biggest is PacifiCorp, and it has operations in Oregon, Washington and California. And in 2020 and 2022, there were a number of wildfires that caused hundreds of thousands of acres to burn....
...But Uwe Hochgeschurtz, the company’s head of European operations, said the country’s biggest van maker would not commit the funds to convert Luton to an all-electric factory until the government had a concerted...
...Nissan and Honda began talks in January, and the scope of their co-operation includes software, core EV components and auto-intelligence technology....
...“Tesla had the market to themselves,” said Fiona Howarth, chief executive of Octopus EV, which has operations in the UK and US. Now the carmaker has “lost some of its competitive advantage”....
...Meanwhile, Renault’s arch-rival Stellantis, which owns brands including Peugeot and Fiat, hopes to offer an electric model in Europe that would cost less than €20,000, according to European operations boss...
...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....
...Shares of Hawaiian Electric Industries have fallen nearly 70 per cent this month....
...Indonesia’s low-cost nickel suppliers will wipe out rivals in the next few years, cementing the country as the world’s dominant producer of the metal vital to electric car batteries, the head of French miner...
...Its PacifiCorp electric utility, which has operations in Oregon and California, paid $631mn in settlements over wildfires last year....
...“By restructuring our UK operations, we will be able to sustain the business as we transition to new electric arc furnace technology,” it said....
...Around the same time, people familiar with the matter say, he confessed to friends that it might be time for him to leave, given the need for a tighter focus on operations....
...Global co-operation is necessary to have a meaningful impact on CO₂ whatever its cause or effect....
...The responsibility for us as the biggest nickel producer is to supply enough nickel so that the EV [electric vehicle] transition can progress smoothly.”...
...China’s BYD overtook Tesla as the world’s top electric-vehicle manufacturer in the fourth quarter of 2023, delivering 1.58mn fully electric cars....
...Here is a selection of what we’ve been looking at this week: 1) Renault chief Luca de Meo this week renewed his call for an “Airbus of autos” to counter the threat that Chinese electric vehicles pose to...
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