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Related Special Reports
...giant to taper its electric ambitions....
...The IEA’s report added that the number of electric cars sold globally in the first three months of this year is “roughly equivalent to the number sold in all of 2020”....
...Of Tesla’s total quarterly sales of $21.3bn, 82 per cent were indeed “automotive revenues” while the rest were energy and services....
...On Sunday, Tesla’s electric vehicles were included on a list of more than 70 car models that have been tested for data security compliance by a Chinese industry group....
...Elon Musk this week said that the company had decided to accelerate the development of its “affordable” electric car model, expected to cost $25,000, with production likely to start in the first half of...
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...Elon Musk’s Tesla and Chinese rival BYD both reported sharp falls in electric car sales, adding to concerns of the slowing shift towards electric vehicles....
...Known as “Project Titan”, Apple’s electric vehicle project was an example of its attempts to diversify beyond its hit product, the iPhone, which still makes up about half of its global sales....
...Tesla has pledged to bring forward the launch of “more affordable” models of its electric vehicles, helping its stock recover some of its recent losses despite reporting a 9 per cent decline in first-quarter...
...Shares in Toyota briefly fell as much as 3 per cent on the weak forecast on Wednesday despite a blockbuster year that boosted the carmaker’s profits to a record on the back of strong sales in gas-electric...
...Elon Musk has shut down the division that runs Tesla’s Supercharger business, dismissed two senior executives and fired hundreds more staff as the electric-car maker continues its restructuring amid a sharp...
...The Zeekr listing is the latest IPO to provide a gauge of Geely’s success at tapping public markets, as it pushes further into the expensive business of developing electric vehicles....
...global financial services provider Macquarie Group....
...Waymo has deployed a live, customer-paying service, while many of the other new entrants have switched focus to niche applications such as commercial vehicles, or have been acquired....
...Failed electric van start-up Arrival collapsed owing close to £200mn and holding less than £150,000 of cash, insolvency documents show....
...But there is a strategy behind the Chinese electric vehicle giant’s move to widen its range of offerings — not only by price point but also by fuel type....
...But its status as the electric car champion — and one with a stock market valuation still dwarfing that of rivals — leaves Tesla particularly exposed....
...“The main bottleneck to commercialisation of the electric vehicle was its price relative to its predecessor,” he adds. “Affordability wins.”...
...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...
...But the list of problems for Tesla’s business is long and growing: price cuts pinching margins, Chinese electric vehicle competition, bad corporate governance, political risks and now falling volumes....
...With typical grandiloquence, he claims that turning the company’s electric fleet into autonomous vehicles could be “the biggest asset value appreciation in history”....
...GM has delayed plans to build electric versions of its Chevrolet Silverado and GMC Sierra trucks....
...Sales of battery electric vehicles (BEV) in Europe dropped 11.3 per cent year on year in March, the second fall in four months, according to figures this month. The timing of Easter played a part....
...In total, the UK has nearly 54,000 public charging points compared with 1mn fully electric vehicles, a ratio of just over 18:1....
...EVs are still more expensive to make than petrol cars, partly because of the high cost of minerals required for their batteries....
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