Can’t beat them? Join them. European automakers rev up stakes in Chinese EV makers October 30, 2023 European automakers are revving up their stakes in Chinese electric vehicle makers in a bid to crack the market amid cut-throat competition.
Mercedez Benz shares plunge as inflation punishes profits October 26, 2023 Mercedez Benz shares plunged over six per cent today after it said profits had fallen due to a slowdown in vehicle deliveries.
Seat and Cupra chief: There’s a ‘perfect storm’ ahead for European carmakers October 25, 2023 City A.M. sits down with Seat chief Wayne Griffiths to discuss the European car industry and Cupra's roaring success.
Microsoft, Google, Meta and Amazon hope to lift Wall Street spirits in this week’s results October 22, 2023 Big Tech earnings season is back, with a keen focus on cloud business, AI, and capex changes amid a challenging year on Wall Street.
Tesla: Profits tumble as Musk’s price war hits carmaker’s bottom line October 19, 2023 Tesla has reported a near half slump in its third quarter net income, as Elon Musk’s aggressive price cutting strategy continues.
Bitcoin maintains key level, while Tesla’s BTC holdings remain unchanged October 19, 2023 Bitcoin is trading for $28.3k this morning, down by roughly 1% over 24 hours, while Ethereum is around $1.5k, downd by 1.5%.
Trouble insuring electric vehicles threatens green shift, experts warn October 2, 2023 Insurers are facing huge challenges in handling electric vehicles (EVs), experts have warned.
Tesla misses delivery targets as factory shutdowns hit production October 2, 2023 Tesla missed market estimates for third-quarter deliveries on Monday as planned upgrades at its factories forced production halts, sending its shares down 2.4 per cent in early trading. The electric vehicle maker handed over 435,059 vehicles in the three months to 30 September, down nearly seven per cent from the preceding quarter, but said its target [...]
Cool Planet: Any business that thinks decarbonisation is BS, call us September 28, 2023 Norman Crowley is a three-time business founder who says climate change is more than an impending crisis – it's a business opportunity.
Nissan says all new models coming to Europe will be fully electric September 25, 2023 Nissan Motor Co said on Monday that as of now all new models it launches in Europe will be fully electric by the end of the decade.