FTSE 100, FTSE 250 log weekly losses Reeves is expected to raise taxes next week ASOS shares drop on lower profit forecast Nov 21 (Reuters) – London’s FTSE 100 recovered ground on Friday, trimming earlier losses as increased expectations for Federal Reserve interest rate cuts improved global market sentiment, while investors now await next week’s…
I have a lot of respect for the Tesla Supercharger network. Those sleek white and red towers have done more to democratize electric cars in America than any other charging company. They make fast charging easy, reliable and ubiquitous. Tesla also keeps building stations faster than the rest of the industry. And now that other…
The Arcfox T1 measures 4,337 mm in length and offers a range of 320 to 425 km. It is expected to compete with models including the BYD Dolphin. (Image credit: Arcfox) Arcfox, the electric vehicle (EV) unit of Beijing Automotive Group (BAIC Group), officially launched the T1 compact electric SUV (sport utility vehicle), aiming to…
The updated Luxeed S7 sedan and updated Luxeed R7 coupe SUV have starting prices of RMB 229,800 ($32,130) and RMB 249,800, respectively. These two updated models are the first products launched by Luxeed following its entry into the “Phase 2.0.” (Luxeed S7. Image credit: Luxeed) Luxeed, the new automotive brand co-developed by Huawei and Chery,…
A three-row version of the Model Y with an extended wheelbase will likely begin production after the upcoming Labor Day holiday in China. Tesla last week began offering a five-year, zero-interest financing incentive for the Model Y in China. (Tesla Model Y. Image credit: Tesla) Tesla (NASDAQ: TSLA) is rumored to begin production of a…
By Alessandro Parodi and Greta Rosen Fondahn (Reuters) – Tesla’s market share in Europe continued to shrink year-on-year in February, data showed on Tuesday, as sales of the all-electric car maker dropped for a second consecutive month despite rising overall EV registrations on the continent. As competition grows, and ahead of the launch of its…