Umicore draws capex flak
The European battery metals processor remains under fire despite reining in spending
Information that drives EV business decisions, such as resource allocation, capital strategy, financial performance, operational efficiency and competitor intelligence
Investment delayed and production cut back as automaker cannot go lower on EV price
The firm is battling to get repair bills for its Uber drivers down
The German OEM will rely on its ICE business to tide it over until the market’s next phase
Gimmicky show launch should not detract from a display of intent
The dominant Chinese EV maker is portraying itself as a pioneer in the Japanese market
Detroit Three OEM dresses up EV rollback as “agile approach” to cost increases but admits core EV profitability problems
State DMV finds “unreasonable risk to public safety” as well as misrepresentation of collision information
The Alliance member’s participation could lead to additional model development
Construction on planned factory will start next year
Low production costs touted to break the e-mobility Spac curse
Saudi initiatives to develop domestic car making takes another step
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