Hints and tips:
...A decade on, the Shenzhen-based company led by Wang Chuanfu has claimed Tesla’s crown as the biggest producer of battery-powered cars....
...“Whereas people were considering domestic manufacturing for a variety of reasons before, the credits now make it a potentially more attractive place than any other,” said Sarah Morgan, co-head of the M&A...
...In 2002, Li invested in BYD, then a little-known maker of electric batteries....
...By 2011, just 33 employed 8,000, as some manufacturing was outsourced to Asia....
...After three years as the world’s most popular maker of battery-powered cars, Tesla was this week forced to hand back that crown to one of the industry’s least known yet most feared brands: China’s BYD....
...This week, Wang’s vision — and Buffet’s bet — was validated when BYD snatched Tesla’s crown as the most popular maker of battery-driven cars....
...In May, Hyundai announced a $5.5bn investment to build its first dedicated EV plant and battery manufacturing facility in the US....
...Taiwan Semiconductor Manufacturing Co is looking to hire about 8,000 engineers in 2022, a similar level to last year, sources familiar with the matter said....
...Domestic solar and other clean tech manufacturing is subsidised....
...(FT) After failing to set up a plant in the US, Panasonic will start manufacturing batteries for Tesla in Japan....
...(Myles McCormick) Data Drill With more electric vehicles hitting the road, the need for batteries has intensified demand for metals....
...(FT) Economic data US manufacturing activity is expected to continue to show robust growth with the release of the ISM’s February manufacturing index....
...“The era of cross-strait industrial co-prosperity is over,” said one expert....
...Idexx said in October that the animal health market had experienced a “V-shaped recovery”....
...products — and GSK, to expand its manufacturing capacity....
...Rotork has the single largest exposure in our coverage (~50% v 60% in 2014 though)....
...GM shares are up 30 per cent in the past 12 months, and it has reclaimed its crown as the most valuable US car group, after briefly losing it to Tesla....
...Residential battery storage in the US is still small, but growing fast....
...Reports that Geely was eyeing Daimler’s battery technology for electric cars — the company’s crown jewel — only heightened the sense of alarm in Berlin....
...The biggest activist fight — Nelson Peltz v Procter & Gamble — was only recently settled, two months after a shareholder vote....
...Mr Samuelsson says more co-operation is possible in areas such as batteries and electrification....
...“We’re looking at GDP as a return on wealth,” says Glenn-Marie Lange, co-editor of the report and leader of the bank’s wealth accounting team....
...Solar’s price fall was especially steep after a Chinese manufacturing boom spurred global over-supply....
...It laid the blame on a battery supplier and was initially praised for acting quickly, with shares in the South Korean company hitting an all-time high....
...However, a second trial of six alleged co-conspirators ended in acquittals this year....
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