China poised to lift ban on chips exports to European carmakers after US deal

Nexperia was taken over at the end of September amid US security concerns over its Chinese owner, Wingtech. Photograph: Algi Febri Sugita/ZUMA Press Wire/Shutterstock View image in fullscreen Nexperia was taken over at the end of September amid US security concerns over its Chinese owner, Wingtech. Photograph: Algi Febri Sugita/ZUMA Press Wire/Shutterstock China poised to… Continue reading China poised to lift ban on chips exports to European carmakers after US deal

‘Musk is Tesla and Tesla is Musk’ – why investors are happy to pay him $1tn

Protesters make their point in Austin, Texas, but Tesla investors disagreed, voting to make the tycoon the world’s first trillionaire. Photograph: Jay Janner/AP View image in fullscreen Protesters make their point in Austin, Texas, but Tesla investors disagreed, voting to make the tycoon the world’s first trillionaire. Photograph: Jay Janner/AP Analysis ‘Musk is Tesla and… Continue reading ‘Musk is Tesla and Tesla is Musk’ – why investors are happy to pay him $1tn

Driving competition: China’s carmakers in race to dominate Europe’s roads

The Chinese brand BYD has been leading the electric car sales push in Britain. Photograph: Richard Bord/Getty Images View image in fullscreen The Chinese brand BYD has been leading the electric car sales push in Britain. Photograph: Richard Bord/Getty Images Driving competition: China’s carmakers in race to dominate Europe’s roads Chinese manufacturers are using the… Continue reading Driving competition: China’s carmakers in race to dominate Europe’s roads

Tesla shareholders approve $1tn pay package for Elon Musk

Tesla chief Elon Musk’s $1tn pay package has been approved. Photograph: Daniel Cole/Reuters View image in fullscreen Tesla chief Elon Musk’s $1tn pay package has been approved. Photograph: Daniel Cole/Reuters Tesla shareholders approve $1tn pay package for Elon Musk Chants of ‘Elon’ erupt after compensation plan approved despite opposition from several high-profile investors Tesla shareholders… Continue reading Tesla shareholders approve $1tn pay package for Elon Musk

Rachel Reeves considering pay-per-mile tax for electric vehicles in budget

There are more than 1.3m electric cars on UK roads at present, according to the Society of Motor Manufacturers and Traders. Photograph: Murdo MacLeod/The Guardian View image in fullscreen There are more than 1.3m electric cars on UK roads at present, according to the Society of Motor Manufacturers and Traders. Photograph: Murdo MacLeod/The Guardian Rachel… Continue reading Rachel Reeves considering pay-per-mile tax for electric vehicles in budget

China accuses Dutch of prolonging chip war that threatens to halt car factories

Although Nexperia’s chips are manufactured in Europe, about 70% are packaged in China before distribution. Photograph: Algi Febri Sugita/Zuma Press Wire/Shutterstock View image in fullscreen Although Nexperia’s chips are manufactured in Europe, about 70% are packaged in China before distribution. Photograph: Algi Febri Sugita/Zuma Press Wire/Shutterstock China accuses Dutch of prolonging chip war that threatens… Continue reading China accuses Dutch of prolonging chip war that threatens to halt car factories

Trump policies spur economic anxiety in US Republican heartland: ‘Tariffs are affecting everything’

Peggy Guffey makes honey comb chips, at Schimpffs Confectionery, in downtown Jeffersonville, Indiana, on 7 April 2016. Photograph: Al Drago/CQ-Roll Call, Inc/Getty Images View image in fullscreen Peggy Guffey makes honey comb chips, at Schimpffs Confectionery, in downtown Jeffersonville, Indiana, on 7 April 2016. Photograph: Al Drago/CQ-Roll Call, Inc/Getty Images Trump policies spur economic anxiety… Continue reading Trump policies spur economic anxiety in US Republican heartland: ‘Tariffs are affecting everything’

Nexperia halts chip supplies to China in threat to global car production

Nexperia’s head office in Nijmegen, Netherlands. The company said it hoped to resume shipments to China. Photograph: Peter Dejong/AP View image in fullscreen Nexperia’s head office in Nijmegen, Netherlands. The company said it hoped to resume shipments to China. Photograph: Peter Dejong/AP Nexperia halts chip supplies to China in threat to global car production Dutch-controlled… Continue reading Nexperia halts chip supplies to China in threat to global car production

Ministers’ claims to have helped JLR in doubt as £1.5bn support left untouched

Peter Kyle, business secretary, visits Webasto, a supplier to JLR, in Sutton Coldfield, West Midlands, last month. Photograph: Jacob King/PA View image in fullscreen Peter Kyle, business secretary, visits Webasto, a supplier to JLR, in Sutton Coldfield, West Midlands, last month. Photograph: Jacob King/PA Ministers’ claims to have helped JLR in doubt as £1.5bn support… Continue reading Ministers’ claims to have helped JLR in doubt as £1.5bn support left untouched

‘This is the future!’: inside the next generation of electric cars that fly and drive themselves (but the doors are a bit tricky)

‘Are we all going to be driving flying cars in the future?’ Caitlin Cassidy has questions as she sits in the XPeng X2 Flying Car at the EV Motor Show in Sydney. Photograph: Blake Sharp-Wiggins/The Guardian View image in fullscreen ‘Are we all going to be driving flying cars in the future?’ Caitlin Cassidy has… Continue reading ‘This is the future!’: inside the next generation of electric cars that fly and drive themselves (but the doors are a bit tricky)