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Plaid Inc.
US fintech Plaid hires first chief financial officer on road to potential IPO
...US financial technology start-up Plaid has hired its first chief financial officer, a milestone in its highly anticipated plans to go public following a failed sale to Visa two years ago....
October 18, 2023
Style
For runners, marathons have become the new ‘fashion weeks’
...For runners, the road has become the runway. And a race is the perfect opportunity to peacock. A marathon today is like fashion week for the running community....
April 17, 2024
FT Live
Future of the Car 2025
The leading gathering for the automotive industry
Tuesday, 13 May 2025Sancroft, Paternoster Square, London EC4M 7DQ, UK
Electric vehicles
China’s EV sector to test offshore markets after Zeekr’s strong US IPO
...In the first half of April, sales of pure EVs and plug-in hybrids crept above half of new car sales in China for the first time, highlighting the decline of the industry producing cars with internal combustion...
May 12, 2024
Tesla Inc
Tesla shares surge after Elon Musk secures deal with China’s Baidu
...Autonomous systems rely on a combination of sensors, such as cameras or radar, that can see obstacles, as well as maps of the existing road network, to navigate....
April 29, 2024
Electric vehicles
IEA bullish on electric vehicle sales in 2024
...This shift will have major ramifications for both the auto industry and the energy sector.”...
April 23, 2024
News in-depthElectric vehicles
‘Everything has changed’: foreign auto groups embrace local technology in China
...In recent weeks, sales of pure EVs and plug-in hybrids crept above half of new car sales in China for the first time....
April 29, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
Electric vehicles
China’s BYD and Neta target Indonesia market with EV investments
.... ©2024 Nikkei Inc. All rights reserved....
May 9, 2024
LexPeloton Interactive Inc
Peloton and Carvana: the pandemic stars headed in different directions Premium content
...Profitability soared even as its sales volumes declined sharply. Now sales are rising. In the recently completed first quarter, units sold rose 16 per cent. Shares rallied by a third in response....
May 7, 2024
ExplainerTesla Inc
What does Elon Musk’s China trip mean for Tesla?
...Will new technology turn around slowing sales growth at Tesla?...
April 30, 2024
BYD Co Ltd
BYD misses profit forecasts as Huawei challenge emerges
...Elon Musk’s decision to lower the price of Tesla vehicles in China in late 2022 sparked savage price cuts across the auto industry, leading to squeezed margins for both legacy multinational auto groups in...
March 26, 2024
Tesla Inc
Tesla and BYD sales fall as concerns mount over electric shift
...Tesla’s sales figures also “suggested a sharp deterioration in growth” in the US, said Tom Narayan, an auto analyst at RBC Capital Market, while the Model Y and 3, which account for more than 90 per cent...
April 2, 2024
Tesla Inc
Tesla to cut 10% of global workforce
...The pressure is especially high in China, the world’s biggest auto market and the US EV maker’s second-largest market by sales, where competition between local EV makers and foreign carmakers is heating...
April 15, 2024
Berkshire Hathaway Inc
Berkshire Hathaway’s cash pile hits record as Buffett cuts stake in Apple
...Sales at Precision Castparts, an aeroplane parts manufacturer that supplies Boeing, jumped 10 per cent to $2.5bn....
May 4, 2024
Tesla Inc
Tesla steers back towards cheaper cars
...Tesla has cut prices several times — including this week — to buoy sales, although this has led to a collapse in the re-sale value of its cars....
April 25, 2024
Inside BusinessPeter Campbell
The big worry for carmakers: what if the EV slowdown is not a blip?
...Meeting long-term decarbonisation targets without removing all petrol and diesel cars from the roads is impossible....
April 1, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Inside BusinessJune Yoon
BYD’s $230,000 electric sports car signals plan to take on VW and Toyota
...Its announcement to invest $14bn to develop smart cars to take on rivals in the premium segment last month follows its launch of its electric supercar and luxury off-road hybrid sport utility vehicle....
March 5, 2024
Tesla Inc
Tesla’s biggest problem: cars
...Of Tesla’s total quarterly sales of $21.3bn, 82 per cent were indeed “automotive revenues” while the rest were energy and services....
April 26, 2024
BYD Co Ltd
BYD loses EV throne to Tesla as sales slip
...Analysts said the ongoing price war in China’s auto market could lead to a vicious cycle. “In the case of China, when the price is lower, people think, ‘wait a minute....
April 2, 2024
Xiaomi Corp
China’s smartphone maker Xiaomi bets on EVs even as Apple pivots
...“Xiaomi Auto is striving for the ascendancy of China’s auto industry,” Lei said....
March 29, 2024
Unhedged
Inflation is not going quietly Premium content
...Three months of sticky inflation is worrying, but could prove a bump in the road....
April 11, 2024
The FT ViewThe editorial board
The electric vehicle revolution is running out of steam
...The lull in EV sales is having a damaging impact on the auto industry....
April 10, 2024
Tesla Inc
Tesla’s Q1 is going to be a wreck. Will anyone care?
...It was something tenable on the horizon, so was a reason to look past the current EV sales slump....
April 17, 2024
XPeng, Inc
China’s Xpeng to boost spending to survive ‘bloody sea’ of EV competition
...The slowing pace of sales growth has fuelled expectations among auto executives for a wave of consolidation that will leave only a handful of companies in the world’s largest car market....
February 19, 2024
Elon Musk
Tesla chief Musk meets China’s premier in Beijing
...But Tesla’s recent loss of market share in the country comes after a decision to slash prices in China in late 2022 sparked a price war that has driven intense competition in the domestic auto market....
April 28, 2024
LexTesla Inc
Robotaxis are not the solution to Tesla’s problems Premium content
...Yet Tesla’s autonomous driving software still requires drivers to keep their hands on the steering wheel and their eyes on the road....
April 23, 2024

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