Volkswagen s ID.3 model is challenging the Tesla Model 3
Credit: Hardy Mutschler/Volkswagen AG
Tesla hogs the limelight when it comes to electric vehicles but traditional car companies are fast catching up and their shares are far cheaper – which could make them better investments.
Electric vehicles (EVs) account for only around 4pc of cars on British and American roads, according to the consultancy McKinsey, but that is about to change.
The sale of new petrol and diesel cars and vans will be banned in Britain from 2030 and drivers who want electric alternatives will not be short of options. By the end of next year 450 new models will have been launched globally in just 24 months, according to McKinsey. The opportunity for any manufacturer that dominates the market is enormous.
Topsham Fair to return in August, but will likely look different It may not be a full-blown fair, but it will be a fair, said Topsham Fair President Leon Brillant.
Darcie Moore / The Times Record
The Topsham Fair, which was canceled last year due to the coronavirus pandemic, is set to return in August.
“It may not be a full-blown fair, but it will be a fair,” Topsham Fair President Leon Brillant said.
The state is still developing guidelines for fairs to open, according to Melissa Jordan, the agriculture promotions coordinator for the Maine Department of Agriculture, Conservation and Forestry.
Goldman Sachs, a key adviser on Deliveroo s car crash market debut last week, is brushing aside a storm of protest and is already preparing to unleash its second giant tech listing this year.
Sources last night said Goldman Sachs and Morgan Stanley were on track to sell shares in financial technology giant Wise next month with a valuation of up to £5billion.
Wise, which counts Virgin s Sir Richard Branson as an investor, is one of the tech stars that Chancellor Rishi Sunak hopes will make London a prime venue for Initial Public Offerings – the public sale of shares on the stock market.
George Soros part of £100m bet on Trainline hitting the buffers
Soros and the other investors betting against Trainline have made it one of the most shorted companies on the London Stock Exchange
3 April 2021 • 8:00pm
The “man who broke the Bank of England” is among a clutch of hedge fund investors to have increased bets against travel ticketing app Trainline amid forecasts that demand for public transport may not recover to pre-pandemic levels.
George Soros SFM UK Management is part of a £100m bet against Trainline, making it one of the most shorted companies on the London Stock Exchange.
Paloma Partners, a US fund run by Donald Sussman, the largest single donor to Hillary Clinton’s 2016 US presidential campaign, is the biggest individual short seller.
Goldman Sachs lines up a second tech float in Wise dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.