Hints and tips:
...Toyota has already unwound some of its cross-shareholdings to mobilise resources for the massive investments needed in battery electric vehicles and technology....
...contracts in the Pacific....
...In March, as a visiting delegation of Swedish investors and bankers passed through China’s factories and shipyards for the first time since the pandemic, what they witnessed was a shock to their systems....
...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....
...Vietnamese carmaker VinFast has agreed to build an electric vehicle plant in southern India’s Tamil Nadu state in an investment worth up to $2bn, marking its foray into the world’s third-largest car market...
...The progress made by Chinese companies and regulators in Beijing poses a new challenge to the west, which is already lagging behind China in the development of electric vehicles, according to analysts, and...
...The digital component of transport and logistics is arguably as crucial to security and commerce as what gets made in shipyards....
...A place in the shake-up VinFast, the Nasdaq-listed Vietnamese electric vehicle maker, has set a target of wooing drivers in 50 markets, from the US to India, an ambitious goal given many of them have likely...
...The market capitalisation of the lossmaking Vietnamese company, which has monthly sales far behind those of other electric vehicle producers such as Tesla and China’s BYD, has since plunged 80 per cent to...
...Vingroup, Vietnam’s biggest conglomerate, has a wide portfolio of real estate, retail, technology and healthcare businesses....
...VinFast stopped making petrol-powered cars to focus on electric vehicles as part of its global attempt to follow in the footsteps of US and Chinese peers including Tesla and BYD....
...It expects to sell 50,000 cars this year and says it has production capacity of 300,000 electric vehicles a year....
...The Japanese government and the International Atomic Energy Agency insist the release of waste water is safe. But local opposition remains vociferous, especially from fishermen in the Fukushima region....
...Last week the electric vehicle maker was briefly valued at more than the combined worth of Ford, General Motors and Volkswagen....
...The ambitions of this inexperienced carmaker, from a country with a limited manufacturing history and relatively small consumer market, underlines how the rapid global shift to electric vehicles is spurring...
...CS’s top Australian dealmaker Dragi Ristevski has joined Macquarie Group as head of financial sponsors for Asia-Pacific....
...Weak demand has pushed down sales and share prices at EV start-up Rivian, and forced Tesla to slash prices, a move that VinFast followed....
...The battery battle In the 1990s, Japanese companies took the lead in commercialising lithium-ion batteries, now widely used in smartphones, personal computers and electric vehicles....
...US and British shipyards are already working flat out on domestic orders. Worker shortages and strained capacity is a big concern for Aukus....
...French officials and executives say that by cancelling the order for 12 diesel-electric submarines for strategic reasons rather than because of any fault by Naval Group — Australia has decided to buy nuclear-powered...
...It added jobs website Kanzhun and electric car maker Li Auto to the 10 biggest holdings in its public equities portfolio at mid-year....
...One example of this is SwytchBike, which turned to Indiegogo to launch its add-on electric motor for bicycles....
...The New York-based hedge fund has boosted some Chinese investments this year, adding jobs website Kanzhun and electric car maker Li Auto to the leading 10 positions in its public equities portfolio at mid-year...
...“Ammonia is toxic and still too expensive. Eventually, we should move towards hydrogen ships and electric-motor ships, but it is still too far off.”...
...Almost 20 would-be electric car manufacturers have listed in the US over the past two years, including Rivian and Lucid, and many have achieved valuations far above their incumbent rivals....
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