The race for electric vehicle supremacy

Two high-profile UK ministers resigned on Tuesday, oil prices had its biggest one-day drop since March, and a Chinese electric car company outsold Tesla in the first half of the year. Plus, Chinese electric vehicle battery companies are on a fundraising blitz. 

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Mentioned in this podcast:

Boris Johnson on the brink after chancellor and health secretary quit UK cabinet

Warren Buffett-backed Chinese group BYD overtakes Tesla in global electric vehicle sales

China taps markets for $10bn to cement clean tech supremacy

Church of England taps debt markets with ‘Cranmer’ bonds

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. 

Read a transcript of this episode on FT.com

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