Rental car company has just $1.2bn in corporate debt and another $1.5bn in preferred stock Go to Source
Author: Financial_Times Reporting
Volvo Cars scales back IPO after investors balk at control by Chinese owner Geely
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UK’s first ‘gigafactory’ set for huge expansion
Energy coverage from Saudi Arabia to Texas Journalists in 50+ countries follow the constant flow of money made and lost in oil & gas while tracking emerging trends and opportunities in the future of energy. Don’t miss our exclusive newsletter, Energy Source. Go to Source
Foxconn’s electric vehicles face an uphill struggle
Apple supplier enters the competitive EV market as profits from consumer electronics decline Go to Source
ITM Power launches £250m share sale to fund hydrogen gigafactory
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LG Chem to reimburse GM $1.9bn for Bolt electric vehicle recall
Energy coverage from Saudi Arabia to Texas Journalists in 50+ countries follow the constant flow of money made and lost in oil & gas while tracking emerging trends and opportunities in the future of energy. Don’t miss our exclusive newsletter, Energy Source. Go to Source
UK energy prices risk deterring car industry investors, warns trade body
SMMT chief says high costs compared with European rivals put sector at ‘competitive disadvantage’ Go to Source
Axa joint venture jumps on China electric-car ETF bandwagon
Receive free Exchange traded funds updates We’ll send you a myFT Daily Digest email rounding up the latest Exchange traded funds news every morning. Axa SPDB Investment Managers will launch China’s fourth smart electric-car themed exchange traded fund just six months after the first came to the market as fund houses tap buoyant investor sentiment for… Continue reading Axa joint venture jumps on China electric-car ETF bandwagon
Morocco’s carmaking prowess a result of shrewd state planning
Receive free Automobiles updates We’ll send you a myFT Daily Digest email rounding up the latest Automobiles news every morning. Each year, Moroccans buy about 160,000 new cars — a relatively small number for a population of 36m. Yet, despite modest sales, the kingdom has gained critical mass as an automotive manufacturing hub. In 2018,… Continue reading Morocco’s carmaking prowess a result of shrewd state planning
Tesla: ‘full self-driving’ is self-defeating hype
Autopilot can steer, brake and accelerate — but real autonomy remains a work in progress Go to Source