News
Intel lifted as Elon Musk says his Terafab will use its latest chipmaking tech
12+ hour, 8+ min ago (348+ words) Michael Acton in San Francisco Elon Musk has said his companies will use Intel's latest technology in their "Terafab" project, giving a boost to the US chipmaker's manufacturing turnaround. Intel shares rose about 3 per cent in after-hours trading on Wednesday…...
CATL claims 6-minute charge and 1, 500km range for new electric vehicle batteries
1+ day, 22+ hour ago (431+ words) Edward White in Shanghai and Wenjie Ding in Beijing CATL has developed a battery capable of allowing an electric vehicle to drive 1, 500km on a single charge, the Chinese group claimed on Tuesday, as it challenges BYD for supremacy on range…...
Elon Musk is officially free to roam in Texas
1+ week, 1+ day 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…...
US payments group with $20bn market value aims to boost UK truck electrification
2+ week, 4+ 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,…...
A $750mn solar fund provides lifeline for capital-starved US projects
3+ week, 4+ hour ago (36+ words) Financial Times For help please visit help. ft. com. We apologise for any inconvenience. The following information can help our support team to resolve this issue....
Self-driving will not make Nissan a commodity, says CEO
4+ week, 8+ hour 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…...
Elon Musk verdict suggests US shareholders are stepping into the regulatory void
4+ week, 2+ day ago (213+ words) The Trump administration has seemingly taken a more lax approach in pursuing the enforcement of securities law. While not typically easy, shareholders can themselves find direct redress through the judicial system. The suing shareholders said that they had lost money…...
VW's retro American truck brand traverses bumpy road in US market
1+ mon, 1+ 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…...
Global carmakers retreat en masse from electric vehicle plans
1+ mon, 1+ day ago (60+ words) Financial Times Then $75 per month. Complete digital access to quality FT journalism on any device. Cancel anytime during your trial. Premium & FT Weekend Print FT Weekend newspaper delivered Saturday plus complete digital access. Check whether you already have access via…...
Uber fights to stay in the robotaxi race
1+ mon, 2+ day ago (472+ words) Financial Times Will driverless taxis make Uber, which dominates human-led ridesharing, obsolete? There are certainly reasons for investors to wonder. After all, who needs a third-party app to connect them with drivers if Alphabet's Waymo or Elon Musk's Tesla provide…...