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...You don’t need investor relations there, but you can’t survive without finance, payroll and receivables.”...
...The vaunted solid-state battery for electric cars is still years away from commercialisation with “a lot of showstoppers” blocking its development, said the head of the Chinese company that dominates the...
...in R&D and manufacturing economies of scale....
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...“If somebody doesn’t believe Tesla is going to solve autonomy they should not be an investor in the company. And we will and we are.”...
...After a few failures — including a bike sharing idea that the couple abandoned within four months after realising it wouldn’t scale — they built a fleet of electric scooters and gig riders, in response to...
...“Demand for data centres has always been there, but it’s never been like this,” said Pankaj Sharma, executive vice-president at Schneider Electric’s data centre division....
...“Plans for Model 2 will likely get most attention but don’t expect a satisfying answer,” Levy said. The company’s quarterly results are also expected to be underwhelming....
...The founder of China’s largest industrial automation company believes the key role played by the country’s robot makers in keeping global supply chains running will insulate them from rising global protectionism...
...Companies whose R&D claims have been rejected unexpectedly have been forced to change their business plans....
...He was responding to claims made recently by the founder and chief executive of CATL, the Chinese company that dominates the electric vehicle battery industry, that the much-hyped solid-state batteries did...
...The future path of sales of electric vehicles has become a source of much angst for carmakers, as well as a highly charged issue in the culture wars....
...“We don’t have 22 screens, we don’t have electric seats, and [this approach] resonates more and more, because some people are saying: don’t spend your money on useless things....
...The company has sought to capitalise on the shift to electric cars by developing ultrarapid charging hubs for these types of vehicles....
...While the company pointed to several issues that blighted the first quarter, including disruption in the Red Sea supply route that forced its Berlin plant to halt production, former executives and analysts...
...The company, formerly the automotive division of GKN, specialises in making side-shafts that fit into both electric and engine-powered cars, giving it around six months of visibility of supply across all...
...The Biden administration has moved to choke off China’s role in the US’s electric vehicle supply chain with rules that critics allege will slow the transition from petrol-fuelled cars....
...That is, shouldn’t the safety that Buffett referred to both in the recent letter and in the 2019 interview give the company an edge?...
...Tavares raised doubts over the Fiat factory in Turin, home to the company’s founding Agnelli family, and a plant near Naples if Giorgia Meloni’s government refused to further subsidise electric vehicles....
...“When it’s gone, it’s gone, we can’t have a 13th team on the grid,” Dodds said. “We can’t sell it twice.”...
...Recently, Spanish bank BBVA issued a loan to electric utility company Iberdrola where the rate of interest was linked to specific water indicators....
...Sales of higher-margin combustion engine vehicles help with cash flows while the legacy European companies invest in electric models. The question is how long the breathing space will last....
...The annual jamboree is produced by Jay-Z’s entertainment company Roc Nation. The R&B singer has the stature for the marquee event....
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