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...The vaunted solid-state battery for electric cars is still years away from commercialisation with “a lot of showstoppers” blocking its development, said the head of the Chinese company that dominates the...
...Toyota has already unwound some of its cross-shareholdings to mobilise resources for the massive investments needed in battery electric vehicles and technology....
..., the electric-car maker....
...The California-based lossmaking electric vehicle maker topped the monthly trading leaderboard five times in 2023, even as its shares plummeted 99 per cent....
...The weak demand in the US has prompted Ford to cut production of its F-150 Lightning electric truck and scale back on a battery plant in Michigan....
...As India’s first listed electric vehicle company, Ola Electric would give investors an initial opportunity to bet on the country’s EV adoption, which is so far concentrated in two-wheelers in one of the...
...Ford is scaling back investment in its electric vehicle battery plant in Michigan as US car manufacturers reassess their EV plans in response to slowing consumer take-up of those vehicles....
...In the US, lawmakers have reportedly asked the Biden administration to investigate Chinese companies involved in Ford Motor’s planned Michigan battery plant....
...More on the car industry: Aston Martin, the British luxury-car maker, has delayed the launch of its first electric vehicle, the company confirmed today....
...There is also doubt about the future of a licensing agreement between CATL and Ford, under which the US automaker planned to use the Chinese company’s technology at a planned $3.5bn plant in Michigan....
...Data from S3 Partners shows TMTG is the third-most expensive US stock to borrow for short sales among companies with more than $25mn of short interest, behind cannabis group Canopy Growth and electric-car...
...In October, GM announced a one-year delay in expanding production for all-electric trucks at its Orion Assembly plant in Michigan....
...The carmaker said it hoped the factory would become a “first-class electric vehicle production hub in the region” with the capacity to build 150,000 cars but gave few details of its plans....
...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...
...Funds operated by Wood’s firm Ark Investment Management LLC have bought about 216,000 shares of the company over investments made on Dec. 20 and Jan. 3, according to Ark’s daily trading data compiled by...
...That performance has continued into this year: the S&P 500 index of leading shares hit an all-time high on Friday, driven by strong gains for the largest technology companies....
...Ford is pausing construction on a $3.5bn plant in Michigan where it planned to make batteries for electric vehicles using technology from a Chinese company, amid controversy over the plan and an ongoing...
...Ford has suspended construction of a $3.5bn electric battery manufacturing plant in Michigan, US, amid controversy over the plan and an auto workers’ strike....
...If found guilty, companies face fines of up to 10 per cent of global turnover....
...And the stock price is just an arbitrary number on a screen, not the market’s judgment of the company’s worth… VinFast has less than one per cent free float, and trading volumes are low and falling....
...Around a quarter of Michigan-based Borg Warner’s global plants are “zebra” factories, which make electric car parts on the same line as those destined for engine vehicles....
...Projects like these include Ford’s planned factory in Michigan and Chinese battery company Gotion’s announced factories in the Midwest which have become political flashpoints for US-China relations in recent...
...not heard of the company, writes Nikkei Asia’s Lien Hoang....
...“It’s very hard to completely extricate ourselves from China,” said DeMaio, whose company is building a processing facility in Michigan. “It’s kind of like holding a wolf by the ears....
...Autonomous vehicles have logged millions of road miles. Collectively, companies including Tesla, Alphabet, General Motors, Uber, Baidu and Ford have invested billions of dollars in the technology....
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