Hints and tips:
...Meanwhile, car insurance and auto repair shot up 2 per cent and 3 per cent, respectively, in March....
...Leapmotor last month reduced the price of its flagship sedan C01 by a fifth to match rivals. The price war extends to the lower segment....
...Lithium is a key component in batteries for electric vehicles and will be pivotal as the auto industry switches from combustion engines to EVs over the next couple of decades....
...lithium-ion batteries and control electronics widely available to other carmakers, he argues that Tesla is destined to be seen as just one carmaker among many — with a far more modest stock market valuation to match...
...“There are definitely people, even now, today, who are still coming to terms with the fact that their portfolio doesn’t match their future.”...
...Brokers said the close match with Berkshire’s known stake in BYD had triggered speculation that the conglomerate could soon sell out of its position, prompting a surge in selling by traders hoping to get...
...Rather than being based on an algorithm, its operators say its dollar peg is maintained through dollar-based reserves — enough to match the tokens in circulation....
...A version of this article was first published by Nikkei Asia on June 1 2022. ©2022 Nikkei Inc....
...Her move is not the first time a senior finance executive has switched between the auto and technology industries, after Ford named former Snap director Tim Stone as its chief financial officer last year...
...It is an example of Japan Inc trying to deal with geopolitical risks amid US-China rivalry....
...Almost two years on, environmental protests and bureaucratic battles have frustrated the Tesla chief executive’s hopes to shake up Germany’s staid auto industry, delaying the grand opening by several months...
...In Europe, Renault rival Groupe PSA and Fiat Chrysler Automobiles completed a merger and formed a new auto group, Stellantis, which became the fourth-largest auto group after the Renault-Nissan-Mitsubishi...
...At the time, it was true — and even models from Porsche and Jaguar in 2020 failed to match the specs of his eight-year-old electric vehicle. “Still waiting,” Musk quipped....
...India’s auto sector more broadly has been badly hit by the pandemic....
...With customary hyperbole, the master showman of the auto world has promised it will be “one of the most exciting days in Tesla’s history”....
...There’s a paradox of lithium pricing — the metal is vital to the renewables drive but demand has yet to match up....
...The complacency in senior auto ranks is starting to turn to panic....
...Its onslaught begins with the VW ID3 electric car, with the company hoping to build hundreds of thousands of battery cars next year — an output that could match Tesla’s annual production....
...But he also warns that failure to maintain that technology edge would turn Tesla into just another carmaker, with a mediocre valuation to match....
...The stellar performance reflects the almost insatiable hunger of investors such as pension funds and insurers, which need long-maturity assets to match their long-term liabilities....
...Apple emphasised that its version would closely guard a user’s identity, even giving the option of logging in with a random email address that will auto-forward messages....
...Few subscribers realise that it is possible to turn off the auto-binge feature that starts playing the next episode of a series a few seconds after the credits of the last one begin to roll....
...In Uber, by contrast, Wall Street has just welcomed an $70.4bn giant with a voracious appetite for cash to match its spending addiction....
...Forrester Research analyst Satish Meena said Ola’s electric vehicle initiative appeared part of a drive to demonstrate that it can match Uber’s innovative flair, amid apparent pressure from SoftBank for...
...Former executives, however, are more forthright on why rivals such as Rakuten are unlikely to match Amazon in their warehouse and logistics capability....
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