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Lucid Motors
EV group Lucid admits it cannot rely on ‘bottomless wealth’ of Saudi owner
...“I won’t say they want it more than me, but they want it every bit as much as me,” he said....
March 6, 2024
James Dyson
Hunt tells Dyson to ‘stand for election’ after fiery meeting
...One person familiar with the exchange said: “It was an awful meeting, to the extent that Hunt told Dyson: ‘If you think you could do a better job, why don’t you just stand for election?’.”...
March 20, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
UK manufacturing
Chinese carmaker Chery eyes UK factory this decade
...“I don’t think we are just trying to frighten others with the cheapest price, this is not something we want to do,” said Zhang. “We just want to bring good products with a good brand.”...
January 4, 2024
Tesla Inc
Tesla steers back towards cheaper cars
...“If somebody doesn’t believe Tesla is going to solve autonomy, they should not be an investor in the company.”...
April 25, 2024
Tesla Inc
Tesla shareholders braced for worst results in 7 years
...“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....
April 22, 2024
Transcript
Transcript: Formula One’s road map to success
...Peter Campbell is the FT’s global motor industry correspondent. He’s here to talk about the booming hybrid market. Hi, Peter. Peter CampbellHello....
March 1, 2024
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
News in-depthTesla Inc
Tesla’s ‘gravity-defying’ powers at risk as EV market slows
...“I honestly don’t know what levers he pulls. There is no new product, and he won’t take further price action.”...
April 5, 2024
Electric vehicles
Carmakers hit by ‘marked slowdown’ in electric vehicle demand, says Dowlais chief
...China remained a strong market for EVs, due to local rules and incentives, Butterworth said, but the US had been “very underwhelming, and we don’t see much momentum”....
March 21, 2024
News updates from March 14: Chuck Schumer calls for Netanyahu’s replacement; China hits out at US push to ban TikTok as Steven Mnuchin plots bid
UK will use ‘robust measures’ against potential dumping by Chinese EV makers
...The UK transport secretary said the country had “robust measures” in place to ensure that China couldn’t use domestic subsidies to undercut local manufacturers when importing electric vehicles into the UK...
March 14, 2024
Aston Martin
Aston Martin losses shrink but launch of first electric model delayed
...George Galliers, auto analyst at Goldman Sachs, said the carmaker’s results were “solid, but we don’t believe it will lead to many investors changing their view on the company, at this point, particularly...
February 28, 2024
ReviewFiction
Love at Six Thousand Degrees — Nagasaki mon amour
...We will, won’t we?”...
February 15, 2024
Automobiles
European ports turned into ‘car parks’ as vehicle imports pile up
...“Any new brand will be facing this issue, if you don’t have scale, if you don’t have regular deliveries, then you are not the [trucking groups’] largest clients,” they added....
April 9, 2024
Electric vehicles
Chinese-made EVs set to take 25% of European market this year
...“But tariffs won’t shield legacy carmakers for long. Chinese companies will build factories in Europe and when that happens our car industry needs to be ready.”...
March 26, 2024
UK trade
UK car exports to Canada face 6% tariffs within days as trade dispute deepens
...“There’s only so long you can bang your head against a brick wall when the other side isn’t willing to find solutions.”...
March 27, 2024
News in-depthAutomobiles
How VW and Toyota became the targets of an emboldened US union
...“It’s something you don’t see in that plant, ever,” he said. “You don’t see people come together like that.” Hourly pay at the plant tops out at $31 after the latest rises, or $64,000 a year....
April 4, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthGeely Automobile Holdings Co Ltd
Geely’s funding hopes clouded by Lotus share price collapse
...“They don’t have a strong strategy internationally or in China, they have too many overlapping brands that just don’t make sense,” he said....
March 11, 2024
Electric vehicles
Can European carmakers stop China’s electric behemoth BYD?
...“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....
February 29, 2024
Renault SA
Renault and Stellantis to increase costs cuts in ‘turbulent year’
...“We mustn't fall into a complete depression on electric cars,” Piéton said on Wednesday evening. “There’ll certainly be some changes in the rhythm of adoption. But the train has left the station.”...
February 15, 2024
News in-depthElectric vehicles
Was Toyota’s bet on hybrid cars right all along?
...“You don’t need to have a Nobel Prize in maths to understand EVs need to be a big part of it,” he said....
February 26, 2024
Maritime accidents and safety
Biden administration warns of lengthy disruption at Baltimore port
...“No matter how quickly the channels can be reopened, we know that it can’t happen overnight. And so we’re going to have to manage the impacts.”...
March 28, 2024
Mercedes-Benz AG
Mercedes-Benz boss urges Brussels to cut tariffs on Chinese EVs
...“Don’t raise tariffs. I’m a contrarian, I think go the other way around: take the tariffs that we have and reduce them,” he told the Financial Times....
March 12, 2024
The best books of the week
Best audio books: a Dickensian serial and a spellbinding history of women
...this really isn’t a spoiler — to a grand unravelling....
April 22, 2024
News in-depthApple Inc
Apple parks its electric car project in sign of EV industry’s struggles
...“Investors are unlikely to see this as having major implications to the stock price as it wasn’t modelled into our (and most) long-term expectations.”...
February 28, 2024
Jaguar Land Rover Ltd
Range Rover boss calls for more police ahead of tax cuts after spate of car thefts
...Additional reporting by Ian Smith in London Letter in response to this article: Memo to JLR boss: the public purse isn’t an ATM / From Christopher Everard, London W2, UK...
February 2, 2024
ReviewFiction
Caledonian Road — Andrew O’Hagan’s state-of-Britain novel
...Campbell knows his protégé is clever, but he doesn’t grasp the size of the threat....
March 28, 2024

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