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...The potential expansion of Tesla’s global factory network comes as growth in global EV sales slows. The group is also building a plant in Mexico that is expected to come online in 2026....
...The South Korean semiconductor companies typically bundle used equipment into packages before selling them to dealers who put them up for sale at auctions....
...Spirit is a crucial industrial partner in the Northern Ireland Advanced Composites and Engineering Centre, a research lab located next door....
...Tesla blames supply problems, pointing to conflict in the Middle East and an arson attack at its Berlin factory. But a gap between production and delivery numbers suggests issues with demand....
...The Apple chief executive spent several days touring its factories and design studios, according to two people with knowledge of the trip....
...Tesla blamed factory stoppages caused by disruption in the Red Sea and an arson attack by environmentalists in Germany for its poor figures....
...Drew Baglino, senior vice-president leading Tesla’s engineering and technology development for batteries, motors and energy products, announced on X today that he would leave after 18 years at the auto group...
...The country’s engineering staff shortage has also become more acute....
...He noted that when he visited one of the factories in Washington in December 2019, assembly workers never rotated away from their stations....
...Such software is part of the new and growing sector of “collaborative work management”, where providers include Asana and Monday.com....
...And while Drahi may like to think of himself as a shrewd operator when it comes to wringing costs out of mobile and cable businesses, he is better known for his prowess at financial engineering....
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...A version of this article was first published by Nikkei Asia on February 12. ©2024 Nikkei Inc. All rights reserved....
...He has spent years tying the company’s fortunes to China and built a supply chain that is heavily dependent on factories in Shenzhen and Zhengzhou — although the company is now trying to diversify manufacturing...
...Dyson’s sales have risen as the business has moved into new products such as air purifiers and hair dryers....
...Cook’s visit comes amid tumbling sales in China, which contributed $21bn to Apple’s top line in the fourth quarter, or 17 per cent of sales....
...The dealmaking push also involved a myriad of complex financial engineering techniques....
...in its shareholder letter that “in 2024, our vehicle volume growth rate may be notably lower than the growth rate achieved in 2023, as our teams work on the launch of the next-generation vehicle” at its factory...
...A big test of this would be the company’s plans to build its first European car factory in Hungary....
...VW has opened new factories dedicated to electric-only models, which has led it to scale back production as EV appetite slows....
...Executives have said Xiaomi’s global footprint, with smartphone distributors and stores around the world, would accelerate overseas car sales....
...Problems in China may also eclipse any financial engineering. As its third-largest market by sales, clearly Chinese consumers value the Apple brand....
...A part of Tesla’s brand allure and engineering philosophy involves following through on various ‘moonshot’ projects that are intended to push the collective engineering team to tackle audacious, difficult...
...[but] there are generally two types of investments we can make: variable cost (marketing, incentives, etc) and fixed cost (sales heads, engineers, etc.)....
...Annual utilisation rates at EV factories across the country will only be 33 per cent in 2023, Citigroup analysts projected in a May note....
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