Anjani Trivedi

Anjani Trivedi

A Big EV Battery IPO Is Here. Be Careful

One of the biggest electric-vehicle battery companies in the world is going public. South Korea’s LG Energy Solution, which makes powerpacks for the likes of General Motors Co., is looking to raise up to almost $11 billion in a listing that could value the company at close to $60 billion. Big, bold…

Elon Musk Has It All Wrong on Subsidies

Elon Musk doesn’t want subsidies. “Just delete them all,” he said Monday at the Wall Street Journal’s CEO Council Summit, referring to state backing for the electric vehicle market. But that doesn’t mean that Tesla Inc. hasn’t benefited from incentives, or that other companies have no need for them…

If Tesla's Got Troubles, Everyone Should Worry

Tesla Inc. so far has managed to deftly navigate the supply chain crisis and US–China trade tensions that have hamstrung manufacturers globally. The EV maker’s latest worries show it’s about to get tougher for companies that hoped the worst was behind them. Joining a host of other auto suppliers…

How China's Car Batteries Conquered the World

When General Motors Co.’s $27 billion EV program went up in flames in August, it also singed EV enthusiasts’ high hopes for a new generation of long-lasting batteries that could take cars farther while keeping costs low. The storied American car company was forced to recall the 140,000 electric…

Can Goldman and Jamie Dimon Help Hong Kong Out of Quarantine?

Morgan Stanley, JPMorgan Chase & Co. and Goldman Sachs Group Inc. have pledged to compensate their Hong Kong employees for the mandatory hotel quarantine the territory imposes on travelers and residents as part its stringent Covid-zero strategy. JPMorgan was the first to move, saying it would…

A Few Hundred Billion Dollars Won’t Fix All the Shortages

Governments are making multibillion-dollar announcements to deal with the global chip shortage. That's unlikely to help at this point and only risks muddying priorities for the future. Following the US and the European Union, Japan has announced large capital investments in the semiconductor…

Hedge Funds, It’s Time To Do Some Real Activism

Toshiba Corp is self-medicating with a dose of activism. Nice try, but the almost century-and-a-half-old company will need something a lot stronger. After a run of accounting scandals, a near brush with bankruptcy and scathing findings earlier this year that Toshiba had worked with the…

Can’t Go Electric If You Don’t Know How

India may appear to be stalling on climate goals, having fought to maintain coal use at the COP26 summit and setting faraway targets for cutting emissions. But it’s got one thing right: building awareness about electric vehicles. Last week in Glasgow, India unveiled E-Amrit, a government-run…

Biden’s Infrastructure Bill Will Lift Up China Inc.

Beijing’s real estate crackdown has sent shudders well beyond the sector. But US President Joe Biden may have China Inc. covered. President Xi Jinping’s efforts to rein in property giants has left industrial companies in the lurch. Real estate accounts for a quarter of China’s economy and a big…

Please Stop. I’m Tired of Hearing About Big Climate Goals

What a joke. The world’s biggest car markets and automakers won’t commit to a deal to eliminate new vehicle emissions over the next two decades. Volkswagen AG, BMW AG and Toyota Motor Corp. are unlikely to get on board with an emissions pledge that’s expected to be unveiled at the COP26 climate…