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Related Special Reports
...Schneider is seeking “positive” indications from “our business, and from the Fed, and from the publicly traded companies” to push ahead with any IPO....
...French software and automation company Schneider Electric has said it is in talks over a potential deal with Bentley Systems, a US software specialist with a market value of roughly $15.6bn....
...Is the electric vehicle market starting to run flat?...
...Much of that growth came from China, where two-thirds of electric cars were already cheaper to purchase than their petrol equivalents, the IEA found....
...The company has, so far, drawn $35mn in investment from the likes of Goodyear Ventures and Gogoro, the Taiwanese electric scooter and battery-swapping provider....
...“Demand for data centres has always been there, but it’s never been like this,” said Pankaj Sharma, executive vice-president at Schneider Electric’s data centre division....
...The results come at a turbulent time for Musk and the electric vehicle sector....
...In China’s hyper-competitive electric vehicle market, a company usually needs more than just a new model for a stock price boost....
...Peter Herweck, head of energy management group Schneider Electric, also doubted that gas would benefit as much as people selling the fossil fuel claimed....
...Failed electric van start-up Arrival collapsed owing close to £200mn and holding less than £150,000 of cash, insolvency documents show....
...The future path of sales of electric vehicles has become a source of much angst for carmakers, as well as a highly charged issue in the culture wars....
...He was responding to claims made recently by the founder and chief executive of CATL, the Chinese company that dominates the electric vehicle battery industry, that the much-hyped solid-state batteries did...
...Sales growth of electric cars has slowed in the past year, with carmakers increasingly forced to discount models in order to generate sufficient consumer demand, while companies from General Motors and Ford...
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...The decade-long effort to build a product that competes with the likes of Tesla and Rivian has never been officially confirmed by Apple, and a spokesman for the company declined to comment....
...But they also want to know whether Elon Musk’s company is in the midst of a major change in direction, after reports that it was slowing plans for a cheaper $25,000 electric car — known unofficially as the...
...Uchida said on Monday that the company would explore new partners in Japan and the US as it looked to remain a major global player....
...Rolling-stock leasing companies, or Roscos — which are owned by financial investors — were set up to supply new trains to the UK railway following privatisation in the 1990s, and have proved highly profitable...
...Schneider admitted he “underestimated” the problem but promised to fix it....
...However, the company would also take into account the potential benefits new teams could bring to grow the wider sport in the form of hospitality and brand recognition....
...The group consists of Novo Nordisk, ASML, and LVMH (no surprises there) as well as SAP, Schneider Electric, Richemont and Ferrari....
...Chinese electric vehicle start-up Nio suffered deepening losses in 2023, as the company struggles to reduce costs while keeping pace in the premium segment of the world’s largest auto market....
...The company, formerly the automotive division of GKN, specialises in making side-shafts that fit into both electric and engine-powered cars, giving it around six months of visibility of supply across all...
...But to manufacture models in Europe for this price, the companies must look to cut costs further....
...But the company also has a close eye on other markets....
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