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Polestar
Hertz pauses plans to buy electric vehicles from Polestar this year
...There is a “clear intention” to restart large-scale sales to Hertz in the future, but the two companies would “have to review at the time” whether sales restart in earnest in 2025, Ingenlath said....
February 5, 2024
Tesla Inc
Tesla scouts sites for $3bn India car plant in boost for Modi
...The carmaker is developing a cheaper vehicle to go on sale late next year, but has not yet said where the car — which has been dubbed “Model 2” by Tesla observers — will be manufactured....
April 3, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Electric vehicles
IEA bullish on electric vehicle sales in 2024
...Sales of electric vehicles will “grow strongly” this year and could see battery and hybrid models account for one in five cars sold worldwide, according to a bullish forecast from the International Energy...
April 23, 2024
LexTesla Inc
Robotaxis are not the solution to Tesla’s problems Premium content
...Tesla is cutting existing vehicle prices in a bid to reverse the fall in sales and planning cheaper models next year. To reduce costs, it will lay off 10 per cent of its workforce....
April 23, 2024
LexElectric vehicles
Slumping EV sales should not ring alarm bells in Europe — yet Premium content
...As long as governments maintain 2035 targets to ban new combustion engine vehicle sales, a tipping point should still come....
April 23, 2024
Tesla Inc
Tesla shares rise on plans to accelerate launch of ‘more affordable’ models
...revenue amid a sharp fall in sales....
April 24, 2024
FT Live
Crypto and Digital Assets Summit Asia
Transforming mainstream finance
Thursday, 5 DecemberDigital Conference
The FT ViewThe editorial board
The electric vehicle revolution is running out of steam
...Along with falling sales at Tesla and BYD, the world’s two biggest sellers of battery-powered vehicles, it is a sign of trouble for the crucial shift towards green transport in the 21st century....
April 10, 2024
BYD Co Ltd
BYD loses EV throne to Tesla as sales slip
...On Tuesday, Tesla posted sales of 386,810 vehicles in the first three months of 2024, below an expected 450,000 but more than that of its Chinese rival....
April 2, 2024
LexTesla Inc
Elon Musk is still intrinsic to Tesla’s future Premium content
...His reputation as an indefatigable tech maverick helped to make emission-free vehicles desirable, first for the Silicon Valley crowd then the world....
April 2, 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
News in-depthTesla Inc
Tesla’s ‘gravity-defying’ powers at risk as electric vehicle market slows
...More than 90 per cent of Tesla’s sales are the Model 3 and Model Y, vehicles with prices starting above $35,000....
April 5, 2024
Disrupted Times
Electric cars switch out of fast lane
...Is the electric vehicle market starting to run flat?...
April 22, 2024
Tesla Inc
Tesla shareholders braced for worst results in 7 years
...Tesla investor Christopher Tsai from Tsai Capital said that while he expected competition for electric vehicles would intensify and that Tesla would lose market share, “we also believe the company will increase...
April 22, 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
Tesla Inc
Tesla to cut 10% of global workforce
...The battery maker’s second consecutive decline in quarterly sales highlighted the impact the EV slowdown was having on key suppliers....
April 15, 2024
FT Live
Crypto and Digital Assets Summit
Connecting leaders in crypto with mainstream finance
Wednesday, 8 MayLondon
Apple Inc
Apple cancels secretive electric car project in shift to focus on AI
...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....
February 27, 2024
Tesla Inc
Tesla and BYD sales fall as concerns mount over electric shift
...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....
April 2, 2024
Markets InsightDina Ting
Why China’s market slump is far from a crisis
...China’s passenger vehicle exports, and particularly its electric vehicle sales, are other key areas of progress to watch....
April 24, 2024
BYD Co Ltd
BYD misses profit forecasts as Huawei challenge emerges
...BYD has for much of the past year cornered a market share of about one-third of sales of plug-in hybrid and battery-powered electric vehicles in China....
March 26, 2024
#techAsia
China’s edge in flying cars and an Asian tag-team in AI Premium content
...The only full-priced sale was apparently to Ehang itself. So why did my contact say Xpeng’s dual-mode flying car was a joke? Basically he thinks Xpeng is trying to do too much....
April 25, 2024
LexApple Inc
Apple is not the only company backing away from driverless cars Premium content
...Last year, the business reported sales of just $102mn amid a $3.4bn loss. After a Cruise driverless car hit a woman at a San Francisco intersection in October, GM recalled its vehicles....
March 7, 2024
News in-depthApple Inc
China’s love affair with Apple and Tesla hits rocky patch
...In the first two months of the year, Tesla’s market share of China’s new energy vehicle sales, which include EVs and hybrid plug-ins, slipped to 6.6 per cent, from 7.9 per cent in the same period a year...
March 10, 2024
News in-depthApple Inc
Apple parks its electric car project in sign of EV industry’s struggles
...While sales are still rising worldwide, battery vehicles’ share of the market rose 2.8 percentage points to 15.8 per cent last year, compared with a 4.7 percentage point rise during 2022, according to data...
February 28, 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
FirstFT
FirstFT: Apple abandons secretive electric vehicle project
...The cancellation comes as the sale of electric vehicles has slowed in Europe and the US in recent months....
February 28, 2024

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