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...It could then sell the model in India and export to south-east Asia, the Gulf, Africa, and southern and eastern Europe....
Delaware court previously voided chief executive’s $56bn remuneration
...Filings at the bankruptcy court in southern Florida showed that Bird had estimated assets and liabilities of $100mn-$500mn....
...In the X poll, 87.1 per cent of 1.1mn voters said the electric-car maker should change its state of incorporation....
...But that ballooned to $55.8bn after the electric-car maker hit financial performance and share price targets set out in the deal....
...He had demanded a hefty financial incentive to grow the value of the electric-car maker, and it worked: Tesla became one of the world’s most valuable companies and his options ended up being worth $56bn....
...As late as 2016, Panasonic, Tesla’s battery supplier, was still the leading producer of batteries for EVs, hybrids, and other electric vehicles....
...It makes electric cars and faces increasing price competition from other makers, especially the Chinese. The Magnificent Seven’s share prices have already risen sharply, largely on hopes for AI....
...Dominion will be left to focus on its state-regulated electric utilities at a time when US power consumption is growing, sparked by factors including the shift to battery vehicles....
...A version of this article was first published by Nikkei Asia on January 26. ©2024 Nikkei Inc. All rights reserved....
...Fender, established in southern California in 1946 by engineer Leo Fender, has grown into the world’s top electric guitar maker....
...Hacking Inc....
...A version of this article was first published by Nikkei Asia on November 23. ©2023 Nikkei Inc. All rights reserved....
...The government has vowed to increase investment in poorer southern states to address vast regional inequalities, and pressed companies to relocate....
...Commended General Motors O: 7; L: 7; I: 7; Total: 21 Carmaker General Motors launched its BrightDrop subsidiary in 2021 to supply electric home delivery vehicles....
...A version of this article was first published by Nikkei Asia on December 30 2022. ©2022 Nikkei Inc....
...US defence contractors Lockheed Martin and Raytheon also report earnings as demand for their products surges. 3M, Johnson & Johnson and General Electric also report....
...SoftBank buys into Rimac’s electric supercarSoftBank and Goldman Sachs have invested in Rimac in a €500mn funding round that gives the Croatian electric supercar maker and tech group a valuation of more...
...By contrast, legislatures in US states from Florida to Maryland have temporarily suspended petrol taxes, subsidising driving....
...He had just landed in Los Angeles ready to begin his senior year at the University of Southern California when Antoine got a hold of him....
...The measure forced some migrants crossing the US’s southern border via land to return to Mexico pending the outcome of removal proceedings....
...And instead of disruptive tech platforms chasing the game-changing success of Alibaba and Tencent, China’s IPO pipeline is pumping out chipmakers, electric vehicle outfits and biotech start-ups that officials...
...A version of this article was first published by Nikkei Asia on May 12, 2022. ©2022 Nikkei Inc. All rights reserved....
...Electric beats diesel in EuropeSales of electric cars in Europe overtook diesel models for the first time in December, with more than a fifth of new cars sold across 18 European markets (UK included), being...
...Pension cash for British Gas workers was used to buy Israeli cyberweapon developer NSO Group, European sales of electric cars overtook diesel models for first time in December, and the FT’s Southern Africa...
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