Tag #Electric Vehicles

Showing 157 to 168 of 720 results

sueddeutsche.de

🌐 85% Global Worthiness

Mar 11, 10:18

VW Profit Down 31 Percent in 2023 Amidst Restructuring"

Volkswagen's 2023 net profit dropped 31 percent to €12.4 billion due to decreased earnings in China and high restructuring costs, while the company plans further cost cuts, a 5 percent revenue increase in 2024 and job reductions in Germany.

VW Profit Down 31 Percent in 2023 Amidst Restructuring"

Volkswagen's 2023 net profit dropped 31 percent to €12.4 billion due to decreased earnings in China and high restructuring costs, while the company plans further cost cuts, a 5 percent revenue increase in 2024 and job reductions in Germany.

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What were the primary factors contributing to Volkswagen's significant profit decrease in 2023, and what immediate consequences resulted?

Volkswagen's 2023 profit fell by 31 percent to €12.4 billion due to intense competition in China and high restructuring costs, including the closure of the Audi Brussels plant. Despite this, the company exceeded its own internal profit expectations and will pay employees a bonus of almost €4,800, although this will be significantly reduced from 2026 onwards.",

smh.com.au

🌐 85% Global Worthiness

Mar 11, 07:13

Tesla Sales Plummet Amidst Musk's Controversial Political Stances

Tesla is experiencing a significant drop in sales globally, with decreases ranging from 26% to 76% in key markets, primarily attributed to CEO Elon Musk's outspoken support for Donald Trump and far-right political figures, alienating its environmentally conscious customer base and impacting the comp...

Tesla Sales Plummet Amidst Musk's Controversial Political Stances

Tesla is experiencing a significant drop in sales globally, with decreases ranging from 26% to 76% in key markets, primarily attributed to CEO Elon Musk's outspoken support for Donald Trump and far-right political figures, alienating its environmentally conscious customer base and impacting the comp...

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Responsible Consumption and Production

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What is the primary cause of Tesla's sharp decline in sales and stock price?

Tesla's market share is plummeting due to Elon Musk's political alignment with Donald Trump, alienating its progressive customer base. Sales in key markets like Germany (-76%), France (-26%), Norway (-50%), and China (-49%) have significantly decreased compared to last year. This drop, coupled with a 41% decrease in Tesla's stock price since the start of the year, signifies a major commercial setback.

english.kyodonews.net

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Mar 11, 16:10

Nissan Appoints New CEO Amidst Business Slump, Failed Honda Merger

Nissan Motor Co. appointed Ivan Espinosa as its new CEO on April 1st, replacing Makoto Uchida, after merger talks with Honda collapsed due to Honda's subsidiary proposal. Espinosa aims to revive Nissan's business, which suffered over a 90 percent profit drop in nine months, and faces challenges in t...

Nissan Appoints New CEO Amidst Business Slump, Failed Honda Merger

Nissan Motor Co. appointed Ivan Espinosa as its new CEO on April 1st, replacing Makoto Uchida, after merger talks with Honda collapsed due to Honda's subsidiary proposal. Espinosa aims to revive Nissan's business, which suffered over a 90 percent profit drop in nine months, and faces challenges in t...

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What are the immediate consequences of Nissan's CEO change and the failed merger with Honda?

Nissan Motor Co. appointed Ivan Espinosa as its new CEO, replacing Makoto Uchida, effective April 1st. Uchida's tenure was marked by declining profits and the collapse of merger talks with Honda. Espinosa, previously Chief Planning Officer, will focus on reviving Nissan's struggling sales in key markets like the US and China.

theguardian.com

🌐 85% Global Worthiness

Mar 11, 19:16

Trump to Buy Tesla Amidst Boycott and Share Price Plunge

Donald Trump announced he will buy a Tesla to counter a consumer boycott of the electric car company amid a sharp share price drop, wrongly claiming the boycott is illegal; Tesla shares fell 15% on Monday, adding to a 12-month decline of $132 billion in Elon Musk's net worth.

Trump to Buy Tesla Amidst Boycott and Share Price Plunge

Donald Trump announced he will buy a Tesla to counter a consumer boycott of the electric car company amid a sharp share price drop, wrongly claiming the boycott is illegal; Tesla shares fell 15% on Monday, adding to a 12-month decline of $132 billion in Elon Musk's net worth.

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Affordable and Clean Energy

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What is the immediate impact of the alleged Tesla boycott and Trump's response on Tesla's share price and market valuation?

Following a significant drop in Tesla's share price, Donald Trump announced his intention to purchase a new Tesla, attributing the price fall to an alleged illegal boycott by "Radical Left Lunatics". This statement is factually inaccurate as the Supreme Court protects the right to protest private businesses. Tesla's decline also reflects broader market concerns and Trump's tariff plans.

welt.de

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Mar 11, 16:09

Volkswagen's Ambitious Plan: Technology Leadership Amidst Challenges

Volkswagen aims to become a "global technology leader" in the automotive industry within 10 years, despite facing a challenging 2025 with projected minimal profit improvement and significant profit decreases in 2024 across major divisions; the company is partnering with XPeng and Rivian for software...

Volkswagen's Ambitious Plan: Technology Leadership Amidst Challenges

Volkswagen aims to become a "global technology leader" in the automotive industry within 10 years, despite facing a challenging 2025 with projected minimal profit improvement and significant profit decreases in 2024 across major divisions; the company is partnering with XPeng and Rivian for software...

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How will VW's partnerships with XPeng and Rivian impact its software development and market position, particularly in China?

VW's strategy involves collaborations with XPeng and Rivian for software development and aims to revitalize its struggling Chinese market with cheaper, better electric vehicles. Significant profit decreases in 2024, particularly within Audi and Porsche, highlight the challenges VW faces in its transformation.

edition.cnn.com

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Mar 11, 13:15

Nissan Appoints New CEO to Address Declining Profits and Brand Challenges

Nissan announced that Ivan Espinosa, its chief planning officer, will become CEO on April 1, succeeding Makoto Uchida amidst declining profits and failed merger talks with Honda; Espinosa's focus on product development aims to revitalize the brand.

Nissan Appoints New CEO to Address Declining Profits and Brand Challenges

Nissan announced that Ivan Espinosa, its chief planning officer, will become CEO on April 1, succeeding Makoto Uchida amidst declining profits and failed merger talks with Honda; Espinosa's focus on product development aims to revitalize the brand.

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How does Espinosa's background and experience relate to Nissan's current challenges, particularly its lagging sales and brand image?

Espinosa's extensive experience in product planning and development, spanning various global markets, positions him to address Nissan's lagging sales and brand image. His leadership is intended to accelerate the company's shift towards electric vehicles and potentially attract new partnerships or investments.

europe.chinadaily.com.cn

🌐 85% Global Worthiness

Mar 11, 04:08

Solheim: China's Stability and Green Innovation Drive Global Progress

Erik Solheim, a former UN official, emphasizes China's stability and innovation from the two sessions, citing its 5% GDP growth target and leadership in renewable energy—particularly solar power with 280 gigawatts of new capacity added in 2024—as key factors in global sustainability and economic gro...

Solheim: China's Stability and Green Innovation Drive Global Progress

Erik Solheim, a former UN official, emphasizes China's stability and innovation from the two sessions, citing its 5% GDP growth target and leadership in renewable energy—particularly solar power with 280 gigawatts of new capacity added in 2024—as key factors in global sustainability and economic gro...

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Affordable and Clean Energy

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How does China's focus on innovation in green technology and electric vehicles contribute to its economic growth and global influence?

Solheim's observations connect China's economic growth with its global impact, showcasing how the nation's investments in renewable energy and technological innovation are driving worldwide progress. He points to the widespread adoption of Chinese electric vehicles in Nepal (85% of cars) as evidence of China's influence on global sustainability efforts.

welt.de

🌐 85% Global Worthiness

Mar 11, 16:09

VW's Ambitious 10-Year Plan: From Profit Drop to Tech Leadership

Volkswagen, facing significant profit drops in 2024, aims to become a global technology leader in the automotive industry within 10 years by partnering with XPeng and Rivian for software development and focusing on competitive electric vehicles, particularly in the challenging Chinese market.

VW's Ambitious 10-Year Plan: From Profit Drop to Tech Leadership

Volkswagen, facing significant profit drops in 2024, aims to become a global technology leader in the automotive industry within 10 years by partnering with XPeng and Rivian for software development and focusing on competitive electric vehicles, particularly in the challenging Chinese market.

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Industry, Innovation, and Infrastructure

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How is Volkswagen restructuring its software development strategy, and what are the implications for its subsidiaries and collaborations?

VW's new strategy involves collaborations with XPeng and Rivian to develop future software systems and improve its position in the Chinese market. This follows significant structural changes under CEO Oliver Blume, including increased independence for its Chinese subsidiary and a shift away from concentrating software development within the Cariad subsidiary. The goal is to offer competitive electric vehicles at the right price point, crucial for regaining market share, especially in China.

forbes.com

🌐 85% Global Worthiness

Mar 11, 22:13

Trump Administration's Threatened Policies Could Cripple US Electric Vehicle Market

Uncertainty over the Trump administration's threatened moves regarding electric vehicle tax credits, funding for charging infrastructure, and 25% tariffs on imported vehicles and components could cause chaos among suppliers, manufacturers, and consumers, potentially stalling EV sales and harming the...

Trump Administration's Threatened Policies Could Cripple US Electric Vehicle Market

Uncertainty over the Trump administration's threatened moves regarding electric vehicle tax credits, funding for charging infrastructure, and 25% tariffs on imported vehicles and components could cause chaos among suppliers, manufacturers, and consumers, potentially stalling EV sales and harming the...

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Affordable and Clean Energy

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How does the threatened policy change affect the relationships between automakers and their suppliers?

The uncertainty stems from threatened policy changes, including the tax credit's elimination, which would likely decrease EV sales significantly according to Steven Wybo of Riveron. Simultaneously, tariffs on imported parts exponentially increase production costs, creating a price squeeze between automakers and suppliers. This mirrors the cost increases seen during the COVID-19 pandemic, ultimately impacting consumers.

cnnespanol.cnn.com

🌐 75% Global Worthiness

Mar 11, 16:09

Nissan Appoints Iván Espinosa as New CEO

Nissan announced that Iván Espinosa, its director of planning, will become CEO on April 1st, succeeding Makoto Uchida whose resignation follows disappointing financial results and failed merger talks with Honda. Espinosa, a 46-year-old Mexican national, has overseen product planning and development ...

Nissan Appoints Iván Espinosa as New CEO

Nissan announced that Iván Espinosa, its director of planning, will become CEO on April 1st, succeeding Makoto Uchida whose resignation follows disappointing financial results and failed merger talks with Honda. Espinosa, a 46-year-old Mexican national, has overseen product planning and development ...

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What are the immediate implications of Iván Espinosa's appointment as Nissan's new CEO?

Iván Espinosa, Nissan's planning chief, will take over as CEO on April 1st, ending weeks of speculation following Makoto Uchida's resignation. Uchida's departure comes after disappointing financial results and failed merger talks with Honda. Espinosa's appointment may influence future merger discussions or potential investments from other partners.

dw.com

🌐 75% Global Worthiness

Mar 11, 07:13

Tesla Stock Plunges 15%, Erasing Post-Trump Election Gains

Tesla's stock price fell over 15% on March 10th, 2025, erasing post-Trump election gains and reducing Tesla's market cap from $1.5 trillion to $715 billion, impacting Elon Musk's net worth and Tesla's future plans, including autonomous vehicles.

Tesla Stock Plunges 15%, Erasing Post-Trump Election Gains

Tesla's stock price fell over 15% on March 10th, 2025, erasing post-Trump election gains and reducing Tesla's market cap from $1.5 trillion to $715 billion, impacting Elon Musk's net worth and Tesla's future plans, including autonomous vehicles.

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Reduced Inequality

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What is the immediate impact of Tesla's stock price crash on Elon Musk's net worth and Tesla's market standing?

Tesla's stock price plummeted over 15% on March 10th, 2025, wiping out all gains since Donald Trump's 2024 election. This drop reduced Tesla's market capitalization from $1.5 trillion to approximately $715 billion, a significant decrease compared to its peak of $480 per share in mid-December 2024.

german.china.org.cn

🌐 85% Global Worthiness

Mar 10, 10:11

Chongqing's NEV Sales Surge Drives Global Ambitions for Changan Automobile

In February 2024, Chongqing's Changan Automobile achieved a 68.4% year-on-year surge in alternative fuel vehicle sales (39,700 units) and a 15.5% rise in overseas sales (47,500 units), boosting Chongqing's position as a top automotive hub and contributing significantly to its GDP growth.

Chongqing's NEV Sales Surge Drives Global Ambitions for Changan Automobile

In February 2024, Chongqing's Changan Automobile achieved a 68.4% year-on-year surge in alternative fuel vehicle sales (39,700 units) and a 15.5% rise in overseas sales (47,500 units), boosting Chongqing's position as a top automotive hub and contributing significantly to its GDP growth.

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Industry, Innovation, and Infrastructure

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What are the key factors driving the growth of Chongqing's NEV sector and its global implications?

Chongqing's Changan Automobile saw a 68.4% year-on-year increase in alternative fuel vehicle sales in February 2024, reaching 39,700 units. Overseas sales also rose by 15.5% to 47,500 units. This growth positions Chongqing as a leading automotive center, driving significant economic contributions.

Showing 157 to 168 of 720 results