Hints and tips:
...Its new plug-in hybrid Seal U DM-i, which has a starting price of $23,000 in its home market, is set to go on sale in the coming months....
...to Toyota plan to sell more hybrid vehicles in the coming years....
...The industry association expected Tesla to record sales of about 25,000 units in China this month, a 37 per cent decline from a year earlier....
...“No one took it seriously,” said a former Tesla insider. Yet the company increased output, sales soared, and shares rose past those in Toyota, topping $1tn in overall market value....
...An investor opposed to the deal, Energy Income Partners, pointed out that this position was a U-turn from a bullish management outlook offered as recently as 2022....
...Supported by years of government policies and subsidies, China’s EV market is likely to have delivered record sales of 6.5mn units in 2022, nearly double 2021’s 3.52mn units, according to a projection by...
...A heavy reliance on hybrid models, which currently account for more than a quarter of Toyota’s sales, has given it an unexpected edge....
...and Toyota a 14 per cent fall in the first quarter....
...Volkswagen and BMW are aiming for half their vehicle sales to be electric by 2030. Ford Motor expects 40 per cent of its sales globally to be electrified by 2030....
...Having bid Tesla’s market capitalisation up to the collective value of eight General Motors, investors now expect its current crop of products -- whether it be the Model 3, the Model S Plaid, or its still...
...A version of this article was first published by Nikkei Asia on July 23 2021. ©2021 Nikkei Inc....
...Analysts had expected an upward revision, but the new guidance exceeded their forecasts for a ¥1.2tn profit, according to S&P Global Market Intelligence....
...In 2012, the year Tesla debuted the Model S, GM sold more than 23,000 Chevrolet Volts, nearly double that of its nearest competitor, the Toyota Prius, and representing 18 per cent of the total US electric...
...Tesla shares had surged sixfold since the start of the year — a rally that at one point left it worth more than twice as much as Toyota, the world’s next most valuable carmaker....
...showed a prototype car, the Vision S, with a panoramic screen-dashboard and a multitude of sensors....
...Lucid Motors, an upstart competitor from the US, just debuted a car with a 500-mile range. And the Model X only has a range of 340 miles....
...Toyota Motor and Panasonic, which operates battery facilities with Tesla, are developing the technology....
...In September Uber struck a deal with Toyota for a $500m investment....
..., a trend that has contributed to a fall in car sales worldwide....
...Since posting a free cash flow burn on $944m in 2019’s first quarter, the company has recorded three successive periods of cash generation — the latest figure an impressive $976m....
...We remain firmly in the V camp mainly because like a Unicorn, U shaped recoveries coming out of a recession don’t exist, particularly when the recession is so steep like the one we are experiencing today...
...These factors mean that what was supposed to be a V-shaped trajectory in AxJ would look more U-shaped....
...The results mark a year since Q3 2018’s miracle quarter. (In case you don’t remember, it was the surprisingly profitable one we got horribly wrong.)...
...A total of 16 variants of the California automaker’s Model S, X and 3 vehicles were included on a list of “new energy” vehicles — a classification that includes electric vehicles and some hybrids — exempt...
...We think valuation already largely reflects a strong v-shaped recovery and so we adopt a more cautious stance on the shares. Sales densities likely to be lower in high traffic locations....
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