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The FT’s fifth annual ranking of the region’s businesses by revenue growth.
...the US and that America wanted to meet domestic demand rather than boost exports....
...Policy Institute....
...“[Chinese carmakers] are turning their attention to markets such as Australia, South America and south Asia.”...
...According to research from the Kiel Institute for the World Economy, a German think-tank, BYD has been a chief beneficiary of EV-related subsidies with direct government subsidies to the company of up to...
...They also mentioned a settlement federal prosecutors reached in 2017 with two Hankey Group companies, which paid almost $761,000 to resolve claims they had unlawfully repossessed dozens of vehicles owned...
...“Hyundai and Kia used to be regarded in the US as low-end, unreliable cars,” said Troy Stangarone, senior director at the Korea Economic Institute of America....
...US new home sales: Economists have forecast that sales of new homes in the US increased in March to an annualised pace of 670,000 units, up from 662,000 in February....
...Other managers say they are still deciding what to do, but analysts at Bank of America and industry executives predict additional closures and conversions as the deadline draws nearer....
...Following months of delay, Nissan released a business plan on Monday addressing how a carmaker of its size — with relatively small annual sales of fewer than 4mn vehicles — would finance the costs of new...
...On the flip side, a vehicle linked to the company’s chair, Amit Bhatia, has been making substantial share purchases....
...“The US is the world’s biggest consumer of stuff; China is the world’s biggest producer of goods,” said Robin Brooks, former chief economist at the Institute of International Finance....
...Christopher HurstSenior Visiting FellowSchool of Transnational GovernanceEuropean University Institute, Florence, Italy...
...have no taxation for the use of electric vehicles,” said Browne at the Tony Blair Institute....
...electric vehicles....
...The US accounts for about 20 per cent of global demand, driven by the country’s reliance on big, gas-guzzling vehicles....
...The new rule is causing a headache for them as there is no effective way to revive sales here,” said Lee Hang-koo at the Jeonbuk Institute of Automotive Convergence Technology, a South Korean research group...
...down would raise £2.7bn in the 2024-25 tax year, the Institute for Fiscal Studies said in a report on Thursday....
...If there were a peak China, then Europe wouldn’t be worrying about an influx of cheap electric vehicles....
...Wolfgang Danspeckgruber Founding Director, Liechtenstein Institute on Self-Determination, Princeton University, Princeton, NJ, US...
...On vehicle size, there is a wealth of evidence that larger cars are more deadly to pedestrians, but the contribution of America’s bloated fleet to its fatality rates turns out to be modest....
...Shareholder backing of Musk’s pay deal will also potentially cancel a payout of $5bn in shares that would have been made to lawyers who worked on the case....
...Globally, VW reported a 3 per cent increase in deliveries of all vehicles to 2.1mn year to date, led by the growth in China and in the Americas....
...In that context who seriously thinks that electric vehicles are a meaningful answer when much of the world’s population will not have access to sufficient electricity or charging networks?...
...as Mexico or Canada, and / or to come from materials recycled in North America....
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