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Elon Musk is officially free to roam in Texas
2+ day, 21+ hour ago (309+ words) Good news, Texas: Elon Musk is all yours. On Monday, a corporate law court in Delaware gave a ruling that, in effect, drew a line under the electric-car maker's corporate domicile in that state. Tesla, and its eccentric boss, now…...
Google News
1+ week, 4+ day ago (15+ words) Sales of used EVs surge in US as petrol prices pass $4 a gallon'Financial Times...
US payments group with $20bn market value aims to boost UK truck electrification
1+ week, 5+ day ago (598+ words) Kana Inagaki in London A $20bn US corporate payments group is targeting the UK to boost the truck industry's slow electric transition on the back of surging diesel prices caused by the Middle East conflict." Atlanta-based Corpay will partner with Voltempo,…...
Self-driving will not make Nissan a commodity, says CEO
3+ week, 1+ day ago (740+ words) Harry Dempsey in Tokyo Nissan's new boss Ivan Espinosa is betting heavily on self-driving vehicles as he seeks a new future for the beleaguered Japanese carmaker. In an interview with the Financial Times, the 47-year-old chief executive said the company's…...
VW's retro American truck brand traverses bumpy road in US market
3+ week, 5+ day ago (1028+ words) Christian Davies in New York, Sebastien Ash in Munich and Kana Inagaki in London Volkswagen has bet $7bn that it can finally crack the American market by reviving a retro American brand of farmyard trucks that kicked off the US obsession…...
Bentley cuts jobs as profits slide and EV plans scaled back
4+ week, 2+ day ago (382+ words) Kana Inagaki in London Bentley is cutting its workforce to survive "turbulent times, as the Volkswagen-owned luxury brand rethinks its electric vehicle plans." Chief executive Frank-Steffen Walliser said the company remained on track to launch its first fully electric model…...
US diesel prices soar to almost $5 as Iran war pinches global supplies
1+ mon, 13+ hour ago (773+ words) Martha Muir, Jamie Smyth and Christian Davies in New York US diesel prices have jumped more than a third over the past month to almost $5 a gallon as the war in Iran pinches global supplies, pushing up costs of everything…...
China's BYD takes on Porsche and BMW with 5-minute "flash charging'
1+ mon, 3+ day ago (519+ words) Kana Inagaki in London and Edward White in Shanghai China's BYD will aim to take on Porsche and BMW in the European luxury car market with a premium electric vehicle that can be charged in just five minutes. BYD, which…...
Honda slumps to first annual loss since going public in the 1950s
1+ mon, 5+ day ago (458+ words) Harry Dempsey in Tokyo Honda has warned of up to "2. 5tn ($15. 7bn) in losses over two years from an overhaul of its electrification strategy, becoming the industry's latest casualty from a souring outlook for electric vehicle sales in the US and fierce…...
Porsche explores new premium models to drive turnaround
1+ mon, 6+ day ago (55+ words) Financial Times To read this article for free Then $75 per month. Complete digital access to quality FT journalism on any device. Cancel or change your plan anytime during your trial. Check whether you already have access via your university or…...