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...Apptronik is a spin-off from the Human Centered Robotics Lab at the University of Texas in Austin....
...The people did not want to be identified because of the sensitivity of the matter. Tesla did not respond to a request for comment....
...“We have a factory that is depreciating against a smaller volume because of the market,” he said....
...A picture caption in this article has been updated to say that one of the images is the interior of a Rolls-Royce Phantom, rather than a Bentley...
...The vote is a chance for shareholders to re-endorse Musk’s leadership of the company, at a time when Tesla’s sales have fallen in the face of slowing demand and rising competition....
...But the Japanese company’s hybrid models have been a massive success, so it seems like Toyota was right. Well, at least for now. Peter Campbell is the FT’s global motor industry correspondent....
...Seen in this light, the push to secure prime real estate is essentially a round of beggar thy neighbour for luxury companies....
...My favourite is in the front of a fruit and veg shop called Hoxton Fruit Hackney. I always buy the potato, spinach and feta one....
...The company had developed a new, highly automated way of building vehicles using small-scale factories and pre-made body panels, but the system never produced a working vehicle....
...But if they sell a better car that also undercuts the west, it’s impossible to catch up. peter.campbell@ft.com...
...A favourite hobby of hedge funds is to draw up a list of which carmakers are most vulnerable in the long run. VW is frequently the top pick....
...a record due to a backlog of orders....
...for the troubled carmaker for more than a year....
...The company posted sales of 386,810 cars in the first quarter, down from 484,507 in the fourth quarter of 2023 and lower than the 422,875 it delivered a year earlier....
...In Europe, the market remains pegged to incentives, with “Germany dropping off in December [after cancelling incentives], where we saw a complete drop-off on some schedules of EV platforms within the space...
...The pricing strategy has hit Tesla’s residual values, the projected value of a vehicle at the end of a lease and a key input into the cost of leasing....
...Meanwhile, Ant’s parents have built themselves a modern house on the farm. The Earps are one of a number of people who’ve gone back to an old family farm or estate to try to make a go of it....
...Aston Martin previously said it expects a refinancing of the business in the first half of this year....
...Kashimada is an established writer of avant-garde fiction in Japan; she has reworked Dostoevsky’s The Idiot as The Kingdom of Zero (2009) and is a member of the Orthodox Church, contexts which turn out to...
...Dyson has been a vocal critic on a range of topics, as a proponent of Brexit and a strong opponent of remote working, and has been scathing of the UK government, which he says has ignored entrepreneurship...
...The owner of Jeep and Peugeot said it may need to cut costs further as it prepares to launch a new wave of EVs, which have lower margins than its petrol, diesel or hybrid models....
...Successive Conservative chancellors have made a play of “pausing” planned increases, with the result that the levy has not been increased since 2011....
...But he added that petrol was currently 145p a litre, compared with an average of 123.2p between 2017 and 2019....
...“Buying a gasoline-powered car at the moment is like buying a pager when mobile phones are available,” he said when the EV group launched of a new version of the brand’s two hybrid models with a starting...
...It was essential for carmakers to pool spending “in a ‘band of brothers’ manner” to cut the costs of vehicles, said Matthias Schmidt, an independent auto analyst....
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