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...Private capital groups have also planned large investments into utilities as part of efforts to transition power companies to lower-carbon energy production....
...Boeing is under pressure to shift more of its production in-house after the fuselage section of one of its aircraft blew out in mid-air....
...Among big US carriers, it appears to be the least affected by Boeing’s production and delivery issues. The Atlanta-based airline does not operate any Boeing 737 Max jets....
...The company “received indications” that Boeing would increase its production rate of the wide-body jet at a slower rate. Sprit now plans to deliver 55 units for the year, rather than 80....
...So it is not difficult to appreciate why the decision was taken to broaden the group’s production profile....
...Boeing has been forced to slow down production of its popular 737 Max aircraft after a door panel blew out of one of them mid-flight in January....
...Cook also visited Vietnam and Indonesia over the past week for talks on possible expansion of production....
...That kind of thinking might explain the Cybertruck, though even it barely merited a mention beyond a guide that production’s running at 1,000 per week....
...The lay-offs and lower-than-expected production projection come as EV sales are growing at a slower rate in the US....
...But make no mistake, it will not stop the trend of companies trying to reduce their reliance on UK production....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...Musk in 2021 said Tesla had set up a data centre in China to localise “all data generated from our business here, including production, sales, service, and charging”....
...Chief executive Elon Musk said in January that Tesla was preparing to start production of a new lower-cost car next year, priced at $25,000 and dubbed Model 2....
...A spokesperson added it was unclear when production would restart....
What can BrickLink, the eBay of plastic bricks, tell us about Lego's future corporate challenges?
...It said the deal could boost its production to 150,000 barrels of oil equivalent per day by the early 2030s — more than double its output in 2023....
...Tesla recently had to suspend production for about two weeks because the disruption to container traffic caused by Houthi missile attacks on shipping in the Red Sea deprived it of crucial parts....
...The highs of late 2021, when Tesla was a trillion-dollar stock rushing to scale up production, feel far away. Free cash flow has turned negative for the first time in four years....
...Later, an unexpected link between the production and a different tyrant gives him another headache and something of an identity crisis....
...The group’s Chinese sales fell 4 per cent year on year in the first quarter, to 132,420 cars, according to data from Automobility, a Shanghai consultancy, even as total production of new energy vehicles...
...Their Asian rivals, meanwhile, opt for expansion through mergers and provide a wide range of equipment for battery production....
...But a gap between production and delivery numbers suggests issues with demand. Musk’s polarising personality may put some customers off....
...Ithaca, whose majority owner is Israel’s Delek Group, said the transaction would create the second-biggest independent operator in the UK continental shelf, boosting its production above 100,000 barrels...
...“He’s using the same production line for a human-driven vehicle and a robotaxi, with the ability to pivot between the two depending upon the market demand at the time.”...
...“Much depends on how [Musk] frames timing of the $25K” car, he said, adding that he still expected production to start in 2026 “despite robotaxi prioritisation”....
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