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Electric vehicles
IEA bullish on electric vehicle sales in 2024
...This shift will have major ramifications for both the auto industry and the energy sector.”...
April 23, 2024
Tesla Inc
Tesla steers back towards cheaper cars
...Tesla has cut prices several times — including this week — to buoy sales, although this has led to a collapse in the re-sale value of its cars....
April 25, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
BYD Co Ltd
BYD misses profit forecasts as Huawei challenge emerges
...Elon Musk’s decision to lower the price of Tesla vehicles in China in late 2022 sparked savage price cuts across the auto industry, leading to squeezed margins for both legacy multinational auto groups in...
March 26, 2024
Tesla Inc
Tesla and BYD sales fall as concerns mount over electric shift
...Tesla’s sales figures also “suggested a sharp deterioration in growth” in the US, said Tom Narayan, an auto analyst at RBC Capital Market, while the Model Y and 3, which account for more than 90 per cent...
April 2, 2024
Tesla Inc
Tesla to cut 10% of global workforce
...The pressure is especially high in China, the world’s biggest auto market and the US EV maker’s second-largest market by sales, where competition between local EV makers and foreign carmakers is heating...
April 15, 2024
Tesla Inc
Tesla shares rise on plans to accelerate launch of ‘more affordable’ models
...“Global EV sales continue to be under pressure as many carmakers prioritise hybrid over EVs.”...
April 24, 2024
FT Live
Crypto and Digital Assets Summit Asia
Transforming mainstream finance
Thursday, 5 DecemberDigital Conference
Due Diligence
Is private equity’s $3tn problem starting to ease? Premium content
...Daniel Li, chief executive of Geely’s holding company, told an FT summit last year that its idea is to list all of its major businesses, subject to “market conditions”. Fifth time lucky?...
March 12, 2024
BYD Co Ltd
BYD loses EV throne to Tesla as sales slip
...Analysts said the ongoing price war in China’s auto market could lead to a vicious cycle. “In the case of China, when the price is lower, people think, ‘wait a minute....
April 2, 2024
The FT ViewThe editorial board
The electric vehicle revolution is running out of steam
...The lull in EV sales is having a damaging impact on the auto industry....
April 10, 2024
XPeng, Inc
China’s Xpeng to boost spending to survive ‘bloody sea’ of EV competition
...The slowing pace of sales growth has fuelled expectations among auto executives for a wave of consolidation that will leave only a handful of companies in the world’s largest car market....
February 19, 2024
Tesla Inc
Tesla’s Q1 is going to be a wreck. Will anyone care?
...It was something tenable on the horizon, so was a reason to look past the current EV sales slump....
April 17, 2024
Unhedged
Where Tesla departs from the Mag 7 Premium content
...Yet sales, the same data set predicts, will lag even further behind. EV interest last year resulted in sales of 9.5mn vehicles, but the figure is only expected to be 9.8mn this year....
April 3, 2024
Inside BusinessJune Yoon
BYD’s $230,000 electric sports car signals plan to take on VW and Toyota
...Less than two years into entering Thailand, the region’s second-biggest auto market, BYD holds the position as the biggest EV maker and the third-largest automaker for the overall passenger car market, according...
March 5, 2024
Rivian Automotive, Inc.
Electric-truck maker Rivian projects no production growth in 2024
...Sales grew by 55 per cent between January 2022 and January 2023....
February 21, 2024
Transcript
A historic auto workers strike
...But, you know, the major player in electric vehicles, Tesla, which has most of the sales, extremely anti-union....
September 18, 2023
FT Live
Crypto and Digital Assets Summit
Connecting leaders in crypto with mainstream finance
Wednesday, 8 MayLondon
News in-depthGeely Automobile Holdings Co Ltd
Geely’s funding hopes clouded by Lotus share price collapse
...Lotus plans to produce electric SUVs at its new production line in Wuhan, in central China, that it believes will help it expand sales from just a few thousand to 150,000 by 2028....
March 11, 2024
#techAsia
Telecom chips move in-house and the US takes aim at TikTok Premium content
...Chairwoman Le Thi Thu Thuy shared her reasons for optimism at the Nikkei and Financial Times’ Asia Green Tech Summit....
March 14, 2024
Elaine Moore
Chat apps have conquered office life — is that a good thing?
...Sales growth has fallen. In the last quarter, it was 16 per cent, down from 33 per cent the previous year. The co-founders have left....
March 15, 2024
Moral Money
Can blue bonds hold water in the sustainable debt market? Premium content
...It’s only been a month since Azerbaijan was confirmed as the host of November’s COP29 summit, but its preparations are already courting controversy....
January 22, 2024
BYD Co Ltd
China’s BYD moves closer to unseating Tesla as EV leader
...Daniel Roeska, an auto analyst with Bernstein, said that consumers had perceived a “chasm” between the industry leaders — Tesla and BYD — and the “traditional [original equipment manufacturers]” such as...
January 1, 2024
Inside BusinessSujeet Indap
Hertz and Carvana: what their diverging fortunes tell us
...Even as car sale volumes are still depressed compared with peak levels, unit profitability has reached record levels and the operating profits and cash flow have turned slightly positive....
November 30, 2023
Tesla Inc
Tesla strikes in Sweden are ‘insane’, says Musk
...Unions in Norway, one of Europe’s biggest markets for electric vehicle sales, said they will stop Teslas destined for Sweden being unloaded in the neighbouring Scandinavian country....
November 23, 2023
Electric vehicles
Tesla rival Nio secures $2.2bn investment from Abu Dhabi fund
...Monthly sales of plug-in hybrid and pure battery cars in China rose above 1mn for the first time in November, according to data from Automobility, a Shanghai consultancy....
December 18, 2023
News in-depthNIO, Inc
Inside Nio: Electric car group’s boss William Li and his fight for survival
...He is effectively China’s Elon . . . if we are looking at branding, looking at bold moves,” said Tu Le, founder of Beijing-based advisory company Sino Auto Insights....
December 29, 2023
#techAsia
Asians woo Tesla, Taiwan’s Kinsus mulls Malaysia substrate play Premium content
...At the same time, the Japanese auto industry is being challenged by other Asian nations....
January 18, 2024

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