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Related Special Reports
...But there is a strategy behind the Chinese electric vehicle giant’s move to widen its range of offerings — not only by price point but also by fuel type....
...Your leader (“The electric vehicle revolution is running out of steam”, FT View, April 11) highlights the shortage of public charging points as a major reason for customers’ reluctance to buy electric cars...
...They are down nearly 60 per cent from its late-2021 high point. Tesla blames supply problems, pointing to conflict in the Middle East and an arson attack at its Berlin factory....
...Last year’s improvement is a case in point....
...While sales are still rising worldwide, battery vehicles’ share of the market rose 2.8 percentage points to 15.8 per cent last year, compared with a 4.7 percentage point rise during 2022, according to data...
...That’s why all the robotaxi stuff is difficult to call. Tesla’s business — well, the bit that sells cars rather than hype — has been visibly in trouble for more than a year....
...But then you notice the discreet pedestals at each end of the installation, created by Los Angeles based PlayLab, Inc. Each showcases four “historiated sculptures” encased in glass....
...The company then backtracked, correcting the margin uplift to just 50 basis points or a half percentage point. Administrative controls aside, Lyft may still be turning a corner....
...Revenue for 2023 was up 42 per cent to Rmb602.3bn on sales of just over 3mn vehicles — a slowdown in growth compared with the previous year. Exports rose 334 per cent to 243,000 cars....
...The electric-car maker has fallen 14 per cent in April....
...self-driving cars to virtual reality....
...When periods of exuberance come to a close, ideas that once seemed to make a lot of sense no longer do. So it is in the European car industry....
...Chris Giles makes an important point that western governments’ unsustainable finances will not be easily remedied with higher taxes on the rich and that increasing debt loads will conflict with long deferred...
...CPI: stuck If three data points make a trend, then US inflation looks stuck at 3 per cent....
...My point is more general....
...At some point between 240p and Apollo’s opening gambit of 200p, a deal should have been done. But a New York listing would do little to solve Wood’s woes....
...At other points the show gives a queasy sense of how close the world has come to another nuclear annihilation. More chilling than averted accidents are those of attacks planned but never enacted....
...The increasing power of the latest artificial intelligence systems is stretching traditional evaluation methods to breaking point, posing a challenge to businesses and public bodies over how best to work...
...Credit card holders accustomed to fancy perks are in for a rude awakening. They end up paying for all those card points, miles and cashback — one way or another. pan.yuk@ft.com...
...It added it was making charging points “more accessible”, with a £381mn fund to help local councils install charging points “alongside new grants to install charge points in state schools and nurseries”....
...Uber has reported its first annual operating profit, marking an “inflection point” in the tumultuous history of the ride-sharing company and sending its shares to fresh highs....
...There has long been a tipping point expected where streaming will in effect kill off traditional consumption. Netflix is betting that moment has arrived....
...For him, the point of the tool had been to shine a light....
...Ministers have, though, agreed a £450mn fund that will allow local authorities to subsidise charging points in underserved areas....
...So Leo, do you think Japan Inc, despite all this demographic stuff, has reason to be cautiously optimistic?...
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