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Related Special Reports
...India’s best-selling carmaker, Maruti Suzuki, expects to start building and exporting EVs this year, while Vietnam’s VinFast has announced a $500mn investment in an electric auto plant in India’s south-east...
...In the intervening years, chip designers including Arm, Intel and MIPS will be busily crafting designs for the next fleet of vehicles that will transform how millions travel....
...Europe is hardly fleet-footed when it comes to organising cross-border collaboration, particularly when it inevitably involves job losses....
...“Tata thought they would come, sit down and take over like they run their autos business. Aviation is not the auto business . . . this is complicated.”...
...Other auto markets must catch up to justify bullish metals forecasts. Recent announcements from rental car group Hertz and carmaker Ford will temper hopes of that....
...“The Chinese carmakers have become predatory in their own domestic market,” said Matthias Schmidt, an independent auto analyst....
...The company plans to expand its ship fleet to eight in the next two years....
...If the auto business is worth 3 or 4 times the multiple of a Stellantis or Volkswagen, then it would get a forward PE of, say, 20x....
...A year of stalled growth might make some predictions, like the below fleet size chart from a December-dated Morgan Stanley note, look a wee bit fanciful: The surprise, given all that, is how little Tesla...
...Its controlling owners, the private investment firms Knighthead Capital and Certares, have sought to make a quarter of its 500,000 fleet electric vehicles by 2025....
...Tu Le, founder of the Sino Auto Insights consultancy, said local rivals including Xpeng, Nio and Li Auto had their own self-driving systems and would drop their prices “the second” they thought consumers...
...And the group will also work to “gradually hybridise the internal combustion engine models and thereby convert them into an electrified new energy vehicle fleet”, the company added....
...In China, by far the biggest auto market, BYD’s low-cost pure battery and plug-in hybrids account for about one-third of all new electric vehicles sold....
...Tu Le, founder of Sino Auto Insights, said the US still led China in several of the technologies underpinning key areas of autonomous driving including machine learning and sensors....
...Many sold their EVs to oversized municipal bus and taxi fleets, which often sat idle. A bloated industry was the result....
...At a news conference earlier today, the chief executives of the two groups said the scope of their co-operation would include software, core EV components and auto intelligence technology....
...the fleet....
...Need to know: business Japanese auto rivals Honda and Nissan are joining forces to work on electric vehicle technology as they try to survive the influx of low-cost, high-tech cars from China....
...Western leaders have only just begun to consider the security implications of fleets of foreign-made, sensor-stuffed cars on their roads....
...Driverless car company Cruise is to pause self-driving operations across its fleet....
...Also moving to town from abroad are Seinsa, a Spanish auto parts manufacturer, and Isaac Instruments, a Canadian fleet management company....
...With Li shifting his attention to large language models, lay-offs have begun to trim staff numbers and several auto executives exited....
...Even so, there seems to be a particular fear among European, especially German, carmakers of Chinese-produced EVs, which apparently stole the show at the latest auto show in Munich....
...The decarbonisation of the world’s power grids and auto fleets will drive up demand for copper....
...International auto shows are becoming decidedly less international as countries from the US to Japan focus on building up their own industries....
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