McLaren is owned by investors intent on building value and eventually taking the company public. They say they can't make money on heavy EVs.       

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Topics:  evs   mclaren   build   
BING NEWS:
  • EU election could force sharp turn in electric car policy
    A change at the top of European institutions could herald a change in the 2035 target to phase out sales of internal combustion engine cars even though the automotive industry ...
    05/5/2024 - 8:10 pm | View Link
  • Famous YouTuber’s Limited Edition McLaren Wrecked in Wild Joyride
    Supercars are a dream for many, boasting price tags that can be hard to reach even after a lifetime of saving. However, for some, they may be nothing more than disposable toys. Recently, attention has ...
    05/5/2024 - 1:46 am | View Link
  • Tesla Pullback Puts Onus on Others to Build Electric Vehicle Chargers
    The automaker led by Elon Musk is no longer planning to take the lead in expanding the number of places to fuel electric vehicles. It’s not clear how quickly other companies will fill the gap.
    05/3/2024 - 10:04 pm | View Link
  • McLaren’s losses more than double to £873m as sales fall
    Losses at British supercar maker McLaren more than doubled to a record £873m in 2023 amid production delays and a drop in sales. The GT maker’s losses increased by 160pc in 2023, while its revenues ...
    04/25/2024 - 7:14 am | View Link
  • Supercar maker McLaren hit by £375m impairment charge
    McLaren Group, the British supercar maker and Formula One team-backer ... as McLaren transitions towards becoming a hybrid and electric vehicle company. During the COVID-19 pandemic, the company ...
    04/25/2024 - 12:39 am | View Link
  • More

 

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