America helped pioneer the electric-vehicle revolution, yet today no major EV battery maker is based in the United States. Asia’s dominance reveals how sustained investment, organizational capabilities, and America’s embrace of shareholder value reshaped the global race for a critical technology.
General Motors once had the technology, talent, and partnership to lead the electric-vehicle revolution. Instead, it abandoned the EV1 and its battery venture while pouring billions into stock buybacks, helping turn an early American lead into decades of technological dependence.
Ovshinsky and Stempel
The planet is burning. The climate crisis is real. Our planet and the 8.3 billion people who call it home need a transportation-power revolution from fossil fuels to electricity.
DFO Management and Sequence near acquisition of Baldwin Group as industry undergoes wave of consolidation
Returns from funds launched during the frenzied period of 2019 to 2021 are likely to struggle to meet expectations
Investors accuse private equity group of pressuring them into selling at ‘lowball’ price
Prime Minister Mark Carney hosts a summit to put money behind his plan to decouple from an increasingly hostile US
Relocation incentives have a mixed record of helping cities and towns stand out as people return to rural America.
The wealth manager will scrutinise growth plans and aim to boost adviser morale
Leon Li’s ownership of Regent’s Park home had remained obscured despite UK push for transparency
Nimish Patel of Coots & Boots discharged as joint administrator of entity in collapsed property lender’s empire
