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...Appotronics — laser display tech provider to more than 30 per cent of China’s cinemas and with a 70-80 per cent share of the country’s market for laser movie projectors — is now offering cinematic experiences...
...In China’s hyper-competitive electric vehicle market, a company usually needs more than just a new model for a stock price boost....
...French software and automation company Schneider Electric has said it is in talks over a potential deal with Bentley Systems, a US software specialist with a market value of roughly $15.6bn....
...But the more competitive the mainland becomes, the harder it is for international industrial players to leave....
...The move was seen as a lobbying win for Elon Musk’s Tesla Motors as it eyes entry into India’s market....
...Austin-based Tesla is not alone in confronting a tougher market as higher interest rates and concern in some countries over charging infrastructure curb demand for electric vehicles....
...their national financial industry, giving larger markets a competitive advantage....
...During normal times, critics would see this strategy as too diversified to be competitive. But during the current period of unprecedented change for automakers, a new approach is in order....
...Yet it is launching in a highly competitive Chinese market that is in the midst of a price war....
...Tesla’s sales figures also “suggested a sharp deterioration in growth” in the US, said Tom Narayan, an auto analyst at RBC Capital Market, while the Model Y and 3, which account for more than 90 per cent...
...Both Nissan and Honda have stumbled in their traditional approaches to expansion, misreading the pace of market changes in China, and they lack the scale and resources to remain competitive global players...
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...“Our single market is open for firms that are truly competitive and play fair,” said internal market commissioner Thierry Breton....
...Germany chose to offer a €6,750 (reduced from €9,000 in 2022) tax incentive for pure battery-electric vehicles and €6,750 for plug-in hybrids....
...The same should hold true for battery metals such as lithium, nickel and cobalt, all down between 60 and 80 per cent from their peak. Yet for cobalt, at least, the bear market could prove protracted....
...China remained a strong market for EVs, due to local rules and incentives, Butterworth said, but the US had been “very underwhelming, and we don’t see much momentum”....
...Initiatives include quadrupling the number of electric vehicle charging points by 2030 and an integrated ticketing system for public transport as the government aims for a 20 per cent reduction in car use...
...Although its market share remains small, BYD aims to begin manufacturing EVs at a new plant in Hungary from the end of next year....
...“It has really made a big part of the old traditional players structurally non-competitive for the future,” Bories said....
...Solar and wind power have crossed the line; electric vehicles are close. The next candidate for this coveted position is the heat-based battery for plants and factories....
...In the US, it aims to sell about 165,000 more vehicles in fiscal 2026 compared with 2023, while it wants India to become a pivotal hub for car exports....
...Look at the relative performance of a company, control for everything you can think of and measure — company size, industry, market shifts, geography and so on....
...A 25 per cent tariff — compared with 10 per cent at present — could raise up to €6bn a year for the European Commission, and would “make EU cars competitive with EVs made in China,” the study suggested....
...world’s largest markets for vehicles....
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