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Related Special Reports
...giant to taper its electric ambitions....
...Apple has cancelled its efforts to build an electric car as it pivots to focus research funding on generative artificial intelligence, according to a person familiar with the matter....
...After overtaking Tesla as the world’s largest electric-vehicle maker last year, BYD has started releasing higher end models, the latest being its Yangwang U9 electric sports car with that price tag, to try...
...GM has delayed plans to build electric versions of its Chevrolet Silverado and GMC Sierra trucks....
...In total, the UK has nearly 54,000 public charging points compared with 1mn fully electric vehicles, a ratio of just over 18:1....
...On Tuesday, Apple announced to its staff it would abandon a years-long effort to develop an electric vehicle that could compete with the likes of Tesla, instead switching its research funding towards building...
...First, they decided that the century-old company would reposition itself as a forward-looking “mobility” group that would stand out in a crowded field with a fleet heavy on Tesla’s electric vehicles....
...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....
...China’s BYD overtook Tesla as the world’s top electric-vehicle manufacturer in the fourth quarter of 2023, delivering 1.58mn fully electric cars....
Activist organisation claims responsibility for ‘sabotage’ that set fire to nearby electricity pylon
...Attorneys for shareholders who defeated Elon Musk’s $56bn Tesla pay package have asked a Delaware state court to award them shares in the electric vehicle maker worth nearly $6bn as payment....
...Choking air pollution in China’s cities in the 2000s made him consider an electric vehicle business next. Nio’s Chinese name, “wei lai”, translates to “blue sky coming”....
...The factory, which opened in March 2022, employs 12,500 people and produces 6,000 electric vehicles a week. But Tesla has ambitious plans to expand capacity from 500,000 cars a year to 1mn....
...The US electric-vehicle maker most recently offered incentives worth as much as Rmb34,600 ($4,800) to lure Chinese consumers to purchase Model 3 sedans and Model Y sport utility vehicles....
...“Many incumbent OEMs rushed into electric vehicles without appreciating the far-reaching technological and design difference between combustion and electric vehicles,” he said....
...Bird Global, the company that pioneered on-street electric scooter rentals, has filed for Chapter 11 bankruptcy protection in Florida, five years after becoming the fastest start-up ever to reach a so-called...
...Not for nothing have Microsoft, Amazon, Meta, Apple and Alphabet — along with chip company Nvidia and electric-car maker Tesla — been dubbed the “Magnificent Seven” for their outsized contribution to stock...
...But “the reality is that no full-size truck, electric or gas, transacts anywhere near the $40K mark on average.”...
...Chinese companies across the electric vehicle supply chain said lower costs and technological leadership would help them secure western deals despite geopolitical tensions and security concerns....
...An estimated $30bn in fire liabilities forced Pacific Gas & Electric — California’s biggest utility — to file for bankruptcy protection in 2019....
...The future appeared bright for Shanghai electric vehicle start-up Aiways when it was founded in 2017....
...Tesla’s revenue fell short of Wall Street’s reduced expectations in the latest quarter and its core profit margins sagged, as planned factory shutdowns and price cuts dented the US electric-car maker’s performance...
...Oddly, Apple never confirmed the existence of its electric, self-driving car project. The cost of development was not made explicit in expenses....
...Tesla must fix the software of more than 2mn US vehicles, its third major safety update in the space of three months, coming at the end of a fraught week for the US electric-car maker....
...Ford’s F-150 Lightning electric truck starts from $42,000, while General Motors has launched an electric Hummer, which starts from $80,000 and weighs almost five tons....
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