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...She said fuel tax collection has been falling for some time due to increasing fuel efficiency of internal combustion engine vehicles....
...“Our success is not because of the subsidy, it’s because we have unique technology . . . and our management efficiency is high,” said Michael Shu, European president of BYD, one of China’s leading carmakers...
...The brokerage upgraded its rating on the company to “overweight” from “equal weight” earlier this month, citing improved cost efficiency and easing price competition....
...His company would slash costs and its heady ambitions for growth would take a back seat to proving efficiency. Remarkably, Carvana has avoided a looming financial abyss....
...Meanwhile, EV makers such as Tesla have sensibly sought efficiencies — ways to reduce their metals requirements ahead of any feared supply crunch....
...BYD’s European boss Michael Shu told the Financial Times last month that local subsidies were less important than “technology” and “efficiency” in making its vehicles cheaper....
...full-self driving is] real quite yet”) and there was no urgency to improve hardware, because current installations are already “quite far ahead of any other company in the world in terms of AI and inference efficiency...
...Toyota said the company provided stable employment, followed “standardised promotion processes” and had invested to improve “safety, efficiency and the overall work experience for our team members at our...
...Cost efficiency, Rosenfeld said, would become even more important in the coming years as Chinese electric vehicle markers such as BYD, Nio and Xpeng ramp up their push for market share in Europe....
...Lotus Technology said its “supply chain efficiency also relies heavily on Geely”....
...Greater efficiency makes EVs cheaper to run. Assume, for example, that UK drivers charge their EVs at home for 32p per kWh and that cars travel 5km on each kWh. That equates to 6.4p per km....
...Hino has grappled with repeated emissions and fuel efficiency scandals, prompting Toyota to admit that there were “limitations” to its ability to provide support to its commercial truck subsidiary....
...The reason why petrol and diesel cars are affordable today is because they had decades to really perfect mass production and efficiency in their production processes....
...Chief executive RJ Scaringe said Rivian had maintained “an extreme focus on cost efficiency” during the quarter....
...executives and analysts expect Tesla’s process — which Musk calls “gigacasting” — to set a new benchmark for building vehicles, replacing the vaunted Toyota Production System based on just-in-time manufacturing efficiency...
...“From an efficiency standpoint, there is no doubt that battery electric vehicles are the preferred technology. The industry needs to be decisive and go all in.”...
...In other policy reversals, Sunak abandoned tougher energy efficiency rules for landlords and delayed a ban on new oil boilers from 2026 to 2035....
...There are ways for us to reduce emissions in those two sectors in the short term: increase efficiency, use wind power on ships and fly less. We need to do all of that....
...German companies had weathered the gas crisis well, he said, investing heavily in efficiency measures to cut their energy use....
...Tesla has been working to increase the efficiency of its car production and lift volumes from its newer plants in Texas and Germany....
...He said the efficiency of the driving unit, which has been made compact enough to fit inside a carry-on suitcase, was twice that of systems made by Tesla, where Rawlinson was previously a senior engineer...
...Tesla executives said a wide range of efficiency and cost improvements has put the company on track to launch a far cheaper electric vehicle, potentially allowing it to tap a big new market as it faces greater...
...Letters in response to this article: Water reckoning awaits mining’s energy transition / From Mark Eisinger, Tangier, Morocco Energy efficiency methods should not be overlooked / From Jonathan Maxwell,...
...The redesigned Spirit of Ecstasy, with lower wings for greater aerodynamic efficiency, sits proudly on the bonnet as a handy marker for the centre point....
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