Hints and tips:
Related Special Reports
...The retail segment of Inchcape, which has partnerships with brands such as Audi, BMW, Volkswagen and Toyota, contributed to 18 per cent of its total revenue in 2023....
...Elsewhere this week, the group of 56 Commonwealth countries will get their annual moment in the sun — or perhaps rain, given that the gathering is in London in the spring — with a service in Westminster...
...But what if BYD, mostly known for its affordable EVs, wants not only to cut into Tesla’s market share, but to challenge the world’s two biggest automakers, Toyota and Volkswagen?...
...Volkswagen this week announced that it may adopt Tesla’s North American Charging Standard. The German car company’s move matters....
...As evidence that foreign carmakers are realising the advantages, he points to Volkswagen’s $700mn tie-up with Chinese rival Xpeng last year....
...He Xiaopeng, chief executive of Xpeng, said the Volkswagen-backed company would add 4,000 staff and invest Rmb3.5bn ($486mn) in autonomous driving and artificial intelligence technologies....
...Samii had moved to Pittsburgh to work for a self-driving car company, Argo.ai, a start-up funded by Ford and Volkswagen....
...Daniel Roeska, an auto analyst with Bernstein, said that consumers had perceived a “chasm” between the industry leaders — Tesla and BYD — and the “traditional [original equipment manufacturers]” such as Volkswagen...
...Volkswagen said on Wednesday it would invest $700mn in the group as it attempts to boost its presence in China’s highly competitive electric-vehicle market....
...Last month, Xpeng sold a 5 per cent stake to German car giant Volkswagen for $700mn as part of a deal to jointly develop two Volkswagen-badged EV models for the Chinese market by 2026....
...Ford, Volkswagen and BMW are enthusiastic about VR but it is Chinese carmakers who are “very willing and aggressive” in their partnerships, says David Tett, principal analyst at Omdia....
...expanding factories globally as it heads towards an unofficial target of making 20mn cars a year by the end of the decade — an ambition that would see it become larger than current industry leaders Toyota and Volkswagen...
...Xpeng, the Chinese electric vehicle start-up backed by Volkswagen, has suspended a senior executive over alleged corruption....
...In 2021, then-Volkswagen chief Herbert Diess told the Financial Times that the Chinese group was the company the German automaker feared most. Yet BYD’s recent rise has surprised many in the industry....
...Additional reporting by Sayumi Take, Apornrath Phoonphongphiphat, Ismi Damayanti and Nana Shibata A version of this article was first published by Nikkei Asia on August 16 2023. ©2023 Nikkei Inc....
...On August 1, Leapmotor, state-owned Chery, and Volkswagen’s Chinese joint venture with state-owned SAIC, lowered prices on their electric models by up to Rmb55,000....
...Its market value was greater than its five biggest rivals—Toyota, Volkswagen, Daimler, Ford, and GM—combined....
...US start-ups QuantumScape and Solid Power, partners of Volkswagen and BMW, respectively, have similar commercialisation target dates for their own technologies....
...Tesla has an unofficial target of selling 20mn vehicles a year by 2030, an ambitious goal that would make it larger than industry leaders Toyota and Volkswagen combined....
...Volkswagen declined to cut prices, as did Hyundai and Kia. For now, industry analysts say, EV prices seem likely to stay where they are....
...Wall Street has been only too happy to accommodate the demands of burnt investors and has been proceeding gingerly — with big carve-outs from established public companies, such as Volkswagen, AIG, GE, and...
...Voting ends on 27 March UK, a service will be held at Westminster Abbey to mark Commonwealth Day, the annual celebration of the Commonwealth of Nations....
...The electric-car maker has an unofficial target of selling 20mn vehicles a year by 2030, which would make it larger than industry leaders Toyota and Volkswagen combined....
...Saturday Italy, Giro d’Italia cycling race begins UK, the coronation at Westminster Abbey of Charles III and his wife Camilla as King and Queen of the United Kingdom and the other Commonwealth realms...
...Commonwealth Bank of AustraliaO: 6; L: 7; I: 7; Total: 20The bank’s legal team has made several tech improvements in pursuit of its data strategy, including the adoption of a legal services procurement platform...
International Edition