Shares rally 10% as the world’s largest bearings maker joins other industrial groups seeking to become more focused
Battery start-up struggles to gain backing for latest fundraising amid Europe’s slowing take-up of electric vehicles
Measures to help manufacturers already exist; they just need to be implemented
Swedish battery maker has been grappling with factory problems and slowing growth in European EV take-up
Chief executive Bernhard Osburg, chair Sigmar Gabriel and five directors go in row with group head Lopez
Making a molehill out of a mountain
FT research shows that $84bn of initiatives announced in first year of the IRA and Chips Act have experienced slowdowns
Leading car parts supplier this week announced it was considering spinning off its automotive division
Companies cancel investments and smaller players leave amid slowing EV sales, fierce competition and stricter regulations
German group says it could list car parts division in late 2025 pending ‘detailed review’
Belgian chemicals group scales back on expansion after Tesla and others flag waning demand
Production of models delayed after heavy rain in central Europe disrupts manufacturing chain
Sector’s US strategy under threat from ex-president’s pledge to roll back Biden’s clean energy policies if he wins election
Only European companies with big American businesses should consider move, says newly merged packaging group
Tesla supplier CATL holds talks with sovereign wealth funds, family offices and automakers
Diversifying income away from cyclical equipment sales is challenging
Second-largest EV maker expands EU production as bloc clamps down on access for China imports
Region’s cell start-ups have suffered a series of major setbacks in recent months
Supplier to Ford and Volkswagen may have to be rescued by its South Korean parent as losses mount
South-east Asian country is pushing to move up electric vehicle value chain
Europe’s leading battery maker recently lost a $2bn BMW contract as it struggles to produce at scale
Orders are surging but capital markets are becoming reluctant to fund infrastructure projects
They want ‘made in Europe’ requirements to protect region’s hydrogen equipment manufacturing industry
Or: how to make £330mn by being sub-par
With things picking up, the timing now looks favourable
