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Related Special Reports
...giant to taper its electric ambitions....
...US investment firm Clayton, Dubilier & Rice has agreed to buy IT business Presidio from UK rival BC Partners, according to several people familiar with the details, in the latest sign that private equity...
...Tesla will this month send a team to scout locations in India for a proposed $2bn-$3bn electric car plant, according to two people with direct knowledge of the electric vehicle company’s plans....
...US buyout firm Clayton, Dubilier & Rice has hired former Tesco boss Sir Dave Lewis as an operating adviser as it seeks to bolster its consumer and retail team so it can explore new investments....
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...Elon Musk’s Tesla and Chinese rival BYD both reported sharp falls in electric car sales, adding to concerns of the slowing shift towards electric vehicles....
...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....
Pedal to the metal, balls to the wall, margins to the floor
...Both companies are owned by US buyout firm Clayton, Dubilier & Rice....
...Peter Herweck, head of energy management group Schneider Electric, also doubted that gas would benefit as much as people selling the fossil fuel claimed....
About 14,000 jobs set to go as brutal price war and EV slowdown hit US automaker
...After overtaking Tesla as the world’s largest electric-vehicle maker last year, BYD has started releasing higher end models, the latest being its Yangwang U9 electric sports car with that price tag, to try...
...But its status as the electric car champion — and one with a stock market valuation still dwarfing that of rivals — leaves Tesla particularly exposed....
...As Peter Campbell laid out in the Financial Times yesterday: The global auto industry manufactured 10.5mn electric vehicles last year — and expects to produce 13.5mn this year . . ....
...The new car slots into Xiaomi’s product universe, allowing drivers to turn on everything from home lights to the rice cooker from their centre console....
...GM has delayed plans to build electric versions of its Chevrolet Silverado and GMC Sierra trucks....
...In total, the UK has nearly 54,000 public charging points compared with 1mn fully electric vehicles, a ratio of just over 18:1....
...On Tuesday, Apple announced to its staff it would abandon a years-long effort to develop an electric vehicle that could compete with the likes of Tesla, instead switching its research funding towards building...
Shares drop after car sales slip in first quarter
...First, they decided that the century-old company would reposition itself as a forward-looking “mobility” group that would stand out in a crowded field with a fleet heavy on Tesla’s electric vehicles....
Delaware court previously voided chief executive’s $56bn remuneration
...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....
Activist organisation claims responsibility for ‘sabotage’ that set fire to nearby electricity pylon
...Xiaomi’s five-seater boasts an operating system that also works with its smartphones and home appliances such as air conditioners and rice cookers, allowing users to control all types of devices while on...
...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....
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