TikTok plans to expand into ecommerce in the US to compete with Facebook, Cuba has announced it will open most of the economy to private business, and Mercedes-Benz says by 2030 it will make as much from its electric cars as it does from its luxury combustion engine models. Plus, the FT’s environment and clean… Continue reading TikTok ecommerce, Cuba private business, green energy geopolitics
Author: Financial_Times Reporting
Volvo posts record 6-month profit on US and China demand
Swedish carmaker hits margins comparable to German rivals as Chinese sales rise to pre-pandemic levels Go to Source
Shell buys UK’s largest electric vehicle charging network
Leverage our market expertise Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities. Join over 300,000 Finance professionals who already subscribe to the FT. Go to Source
Shares in Evergrande’s EV venture surge 60% on capital injection
Unit of world’s most indebted developer worth more than Ford despite never releasing a car Go to Source
Audi boss takes on Tesla from his living room
Motorbike fanatic Markus Duesmann is drawing up VW’s tech master plan while tackling a pandemic and chip shortages Go to Source
Boss of newly merged Fiat and Peugeot warns on UK investment
Stellantis chief Carlos Tavares says electric rules and Brexit risk ‘destroying the business model’ of Vauxhall plant Go to Source
FT Alphaville presents: the EV bubble in real time
Leverage our market expertise Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities. Join over 300,000 Finance professionals who already subscribe to the FT. Go to Source
EV charging groups race to meet UK’s 2030 petrol and diesel car sales ban
Sticking points to a wider rollout of electric vehicle chargers include reliability, availability and the grid Go to Source
China Evergrande’s electric-vehicle ambitions stall
World’s most indebted property group’s strategy encounters delays and government scrutiny Go to Source
Apple Car expected to shake up auto industry worldwide
An ‘iPhone business model’ would change traditional vertical integration Go to Source