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Chinese EV Thrive Despite Tariff Hikes, Foreign Rivals Struggle
Tuesday, July 16, 2024 - 4:40am | 700Despite new tariffs on Chinese electric vehicles (EVs), foreign automakers are struggling to stay competitive in China’s burgeoning EV market. What Happened: A study by AlixPartners reveals that foreign car companies are falling behind in China’s EV market, which represents over 40% of...
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Bankrupt Crypto Exchange FTX Bleeds $30M In Legal Fees In A Single Month
Monday, April 10, 2023 - 3:57pm | 359Bankrupt cryptocurrency exchange FTX paid more than $30 million in February legal fees and adviser compensation, according to bankruptcy court filings. The fees were incurred by a half-dozen firms, including Sullivan & Cromwell, Landis Rath & Cobb, AlixPartners, Perella Weinberg...
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The 'Wild West' Of Autonomous Vehicles Will Create 'A Handful Of Big Winners'
Thursday, July 13, 2017 - 3:42pm | 557More than 50 companies are now working on autonomous vehicle technology, and the cost of AV systems could drop 78 percent by 2025 due to competition, according to an AlixPartners survey of the auto industry. New entrants in the autonomous space often have different DNA than traditional automakers...