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Traders Cram Russian Diesel Into Europe as Import Ban Looms
European Mortgages Tumble 70% to Lowest Since Covid on Rate Jump
Key Inflation Gauge Cools Further, Paving Way for Smaller Fed Rate Hike
Fed Sees Soft Landing as Silver Lining of Temp Jobs Decline
Colombia Set to Lift Key Rate to Most Since 1999: Decision Guide
Bestway Group Takes Stake in Sainsbury: The London Rush
Air France-KLM Orders Airbus A350s to Replace Jumbo Freighters
Intel Gives One of Its Grimmest Forecasts Ever, Slamming Shares
Intel Shares Fall Most Since July After Forecasting Surprise Loss
Qiagen Weighs Stake Sale in $1 Billion Bioinformatics Arm
California’s Crowded Senate Primary Race Is Set to Be Most Expensive in History
Biden’s Longtime Chief of Staff Ron Klain Is Stepping Down
Scaramucci’s SkyBridge Funds Tumbled 39% Last Year on Wrong-Way FTX, Crypto Bets
ChatGPT ‘Arms Race’ Adds $4.6 Billion to Nvidia Founder’s Fortune
Before Venus and Serena, Tennis Had Althea Gibson
The Best Gloves for Winter Sports Take Their Inspiration From Alaska
Evidence Is Mounting That Covid Is Bad for the Brain
Western Tanks Give Ukraine a Fighting Chance
Biden Needs to Show He’s Serious About the Debt Limit
Even $370 Billion in US Incentives Won’t Solve All of Solar’s Struggles
A Bet on a Busted Airline Is Poised for a $100 Million Payoff
From the War Zone to the Classroom, Pursuing Business for Peace
Teenager Whose Far-Right Videos Influenced Buffalo Gunman Jailed for 11 Years
Yellen Says South African Coal Communities Need $3.5 Billion
Biden Faces Climate Litmus Test on ConocoPhillips’s Alaska Oil Project
UK Sees No Need For Subsidies in US, EU Green Technology Battle
An Iowa Town’s $60 Million Plan to Span the Broadband Gap
US States See Record Diversity in Government Leadership
JFK Airport’s New Terminal One Gets a Solar Boost
This Week in Crypto: Binance Mishandles Collateral, More Crypto Layoffs (Podcast)
Bitcoin Declines as Risk Correlation Eases After Recent Rally
Contagion Spreads as Crypto Lender Genesis Files for Bankruptcy (Podcast)
The country is poised to become the No. 2 exporter of passenger vehicles, surpassing the US and South Korea and risking new tensions with trading partners and rivals.
Illustration: Timo Lenzen for Bloomberg Businessweek
Tom Hancock
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When Andreas Tatt, a manager at a greeting card company in Canterbury, UK, was interested in buying a new car, he knew he’d go electric. But after considering a Tesla Model 3 and the Porsche Taycan, he settled on a less familiar choice: a yellow-gold, battery-powered Polestar 2 manufactured by Volvo and its Chinese parent Zhejiang Geely Holding Group Co.
“It turns a lot of heads, partly due to its color, partly due to people not knowing what it is,” says Tatt, who waited four months for the vehicle to be shipped from Luqiao in eastern China. “I did have some concerns that the build quality may not be the best,” he says. “Upon test driving, any doubt of quality issues was put to rest.”