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...The group is also building a plant in Mexico that is expected to come online in 2026....
...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....
...“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....
...“[Chinese carmakers] are turning their attention to markets such as Australia, South America and south Asia.”...
...These factories have helped BYD corner the market for electric buses....
...GM has delayed plans to build electric versions of its Chevrolet Silverado and GMC Sierra trucks....
...Some analysts probed Musk on whether he was now talking about building a budget version of the carmaker’s recently re-engineered Model 3. He did not engage....
...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...
Delaware court previously voided chief executive’s $56bn remuneration
...Vulkangruppe, an activist organisation that three years ago carried out sabotage attacks while Tesla was building the factory, on Tuesday claimed responsibility....
...Peter Herweck, head of energy management group Schneider Electric, also doubted that gas would benefit as much as people selling the fossil fuel claimed....
...Peter Herweck, new chief executive of Schneider Electric, the industrial software and equipment group that ranks in the top 100 European companies by revenue, said a deeper political union “would resolve...
...SK Hynix, a maker of memory chips, is building an advanced packaging facility in Indiana....
...But for those building cloud infrastructure, investors took even bolder AI spending plans in their stride....
...Werthein, Argentina’s ambassador to the US who attended the meeting with Musk, told Argentine media that the pair had also “discussed investment opportunities” for Tesla in lithium, the metal crucial to electric...
Landmark lawsuit is Biden administration’s first big antitrust action against iPhone maker
...A version of this article was first published by Nikkei Asia on April 19 2024. ©2024 Nikkei Inc. All rights reserved....
...It is building an EV battery factory in Canada, which is in line to receive more than $10bn in subsidies and will operate by 2027....
...“Our whole building was fighting to get the phones.” Nong Jiagui, a teacher in rural Yunnan province, said educators faced similar requests....
...But “the reality is that no full-size truck, electric or gas, transacts anywhere near the $40K mark on average.”...
...Some also argue the company, which is building a business in Europe, could benefit from a more focused effort on domestic sales before trying to expand overseas, particularly with rising protectionism and...
...Electric car sales in Brazil are starting to take off, presenting a threat to the company’s core ethanol business....
...With the IRA offering tax credits to purchasers of EVs assembled in North America, Hyundai is building a $7.6bn plant in Georgia, the largest investment of any carmaker in a new US electric vehicle factory...
...“As part of our long-term commitment, we envision building an EV ecosystem and fostering development in Indonesia,” he added....
...As America’s largest home-improvement retailer, Home Depot is often seen as a proxy for the US housing market....
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