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...The chief executives of the two Japanese groups on Friday said the scope of their co-operation would include software, core EV components and auto intelligence technology....
...The group will maintain its long-term alliance with Renault and Mitsubishi Motors in certain markets such as Europe, south-east Asia and Latin America....
...“Korea lacks auto software engineers and Hyundai is weak in that field, so it is expanding co-operation with foreign tech companies....
...According to data group Cox Automotive, GM has 58 days of supply across all its brands, Ford has 85 days and Stellantis has 107....
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
...Chart of the day Millions of people watched the total solar eclipse yesterday as it swept across Central and North America....
...That includes setting up factories and research centres in Europe and North America, as well as forming joint ventures with European and US companies....
...The Knoxville-based company is the largest business of its kind in America with more than 750 locations in the US and Canada and 30,000 employees....
...“In the automotive space, not everyone can win,” and right now, it is “the Wild West out there”....
...The Alliance for Automotive Innovation said that in the first quarter, 39 EVs were registered for every new public port....
...Until October 20; further information and tickets here Sport NASCAR Cup Series Race Homestead-Miami Speedway plays host annually to the automotive playoffs....
...The Biden administration wants 50 per cent of all new vehicle sales to be electric by 2030, up from less than 8 per cent of cars sold in the third quarter, according to data from Cox Automotive....
...The trade group Alliance for Automotive Innovation said EVs made up 8.6 per cent of US new vehicle sales in the first quarter, up from 5.9 per cent in the first quarter of 2022....
...The interconnected nature of automotive manufacturing, where parts arrive just in time to be used in production, makes it difficult for carmakers to plan when they do not know which plant or distribution...
...“We were made to shut everything down,” said Cuesta, recalling how the criminals co-opted the protests, forcing shops to close and torching vehicles that were driven in the curfew. “Who made us?...
...In China’s western province of Sichuan, the Chongqing Shenhua Thin Film Solar Technology Co is one example of centralised policy misfiring....
...That is because the most successful new players in electric vehicles, such as Tesla and Rivian Automotive, do not have a unionised workforce....
...Many top wealth teams inside these banks — and UBS and Bank of America — have left in recent years to create their own independent firms....
...“The issue will negatively affect the carmakers’ brand image, making some customers shun Hyundai and Kia cars,” said Lee Hang-koo, adviser at Korea Automotive Technology Institute....
...After graduating, she entered Italy’s automotive industry. “I immediately found a job — that is the luxury of engineering.”...
...The sector offers huge potential, with the automotive supply chain for EV technologies estimated to be worth £24bn a year by 2025....
...One problem, according to Brian Turmail, a spokesperson for the AGC, is a contradictory attitude towards building jobs in the US....
...This is because the batteries and vehicles still have to be assembled in North America to qualify for the tax credits, the people said....
...of Americas equity capital markets for Morgan Stanley....
...So much for America being the land of optimism.”...
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