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...Schneider said on Friday it had “been holding discussions with Bentley Systems with regards to a potential strategic transaction”, adding that talks were still preliminary....
...The European Commission is investigating electric car imports from China and is widely expected to raise tariffs in the coming months....
...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....
...The case dates back to 2018 when the billionaire — who runs the electric-car maker Tesla — shook Wall Street with a tweet declaring: “Am considering taking Tesla private at $420. Funding secured.”...
...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....
...Tesla had tried hard to win residents round to its expansion plan, holding weekly town hall meetings where locals could air their misgivings and ask questions about the project....
...The advertisement, one in a series the car rental company has done with Brady, was part of its campaign to display its heavy investment in electric vehicles, which the company claimed would be revolutionary...
...Bird also listed European rival Tier, from whom it acquired its US subsidiary Spin in September in a $19mn deal, as holding a more than 10 per cent equity stake....
...Smart reads Driving forward Car companies operating in China plan to bring 71 new battery electric models to market this year....
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...The 15 per cent stake owned by the Agnellis’ holding company Exor was a way for the company to broaden its investments beyond its major holdings, which include car companies such as Ferrari and Stellantis...
...Morishima argued that this Japanese business culture was one factor holding back the country’s EV industry....
...Berkshire started to pare its holdings in Apple in late December, selling roughly 10mn shares....
...Clive Black, a retail analyst at Shore Capital, said: “Should CD&R sell MFG, which it has owned for some years, that equity holding of Morrisons could be quite relevant.”...
...Panasonic clings to No 4 ranking Japanese electronic conglomerate Panasonic Holdings, once the world’s largest producer of electric vehicle batteries, plans to invest around $4bn in a new plant in the US...
...Tesla rival Nio has secured a $2.2bn investment from Abu Dhabi-backed CYVN Holdings in a boost for the Chinese electric vehicle maker as Middle East groups and Beijing increasingly join forces in the clean...
...A place in the shake-up VinFast, the Nasdaq-listed Vietnamese electric vehicle maker, has set a target of wooing drivers in 50 markets, from the US to India, an ambitious goal given many of them have likely...
...Hertz insists that the economics of electric cars will prove favourable in the long term. But the halcyon days of 2021 seem like a long time ago....
...The bulk of the holdings have compounded high returns to date. The lesson is that valuations matter....
...Electric....
...It is a good time for investors to cut holdings further....
...The search group partnered with carmaker Geely Holding to set up Jidu in 2021, with Baidu holding a majority stake and keen to make a vehicle that showcases its self-driving technology....
...Understandably, many customers have been writing calls against their NVDA holdings. The problem for them is that the rapid run-up in the stock has put those calls in danger of being exercised....
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