Hints and tips:
...In 2021, Field was poached by Ford....
...A number of EV makers have recently scaled back expansion plans, including Ford and General Motors, while rental group Hertz is selling one-third of its electric fleet to buy more petrol vehicles....
...The Cybertruck is Tesla’s bid to move beyond sedans and SUVs to challenge the likes of Ford, Stellantis and General Motors in the pick-up market, which is rapidly shifting to electric....
...Together they have more than 200,000 employees — more than Ford or General Motors alone. Michigan-based BorgWarner has a long history producing parts for petrol-powered vehicles....
...He says Rivian didn’t have the “bandwidth” or the “resources” to develop products for Ford....
...This is a similar amount to that held by BMW, Ford and General Motors. Lucid, which listed through a Spac rather than an IPO, has $6.2bn of cash available....
...Field will work closely with Hau Thai-Tang, Ford’s chief product platform and operations officer, and oversee the company’s unit for embedded software and hardware....
...When it comes to fleet EV sales, General Motors and Ford are for now concentrating more on commercial operators than rental companies....
...A version of this article was first published by Nikkei Asia on November 29, 2021. ©2021 Nikkei Inc....
...over time” even as Rivian, Ford and General Motors deliver battery electric pickups to customers....
...The field of EV-only companies includes Tesla and Rivian, as well as smaller players such as Bollinger Motors and Lordstown Motors....
...Hota also supplies automotive transmission parts to Ford, GM, BMW, Mercedes-Benz, Volvo and McLaren....
...Hyundai Motor founder Juyung Chung once remarked that “cars fly the national flag and are a measure of the nation’s industrial progress”....
...Leitch then served as group general counsel at Ford Motor Company, from 2005 to 2015, where he was part of the management team that steered the automotive company through the financial crisis — avoiding...
...and Mr Girsky, a respected automotive executive....
...Robin Zhu, an automotive analyst at AllianceBernstein, said: “On the ground, within the companies, there has come a realisation that [the switch to electric vehicles] isn’t working....
...Trading at around 2 times forward revenues versus 1 times (and below) for its peers such as Ford, Volkswagen and General Motors, investors are still pricing the business as if its future is brighter than...
...The technology runs on augmented reality headsets and is already being used by the Ford Motor Company....
...That difference, according to Mr Yu, is another reason the company is making waves. Pix had a beginning as unusual as its products....
...The businesses that have the best technology in automotive software and apps are, unsurprisingly, technology companies such as Google, Apple and China’s Baidu, all of which are pouring money into autonomous...
...“None of the traditional car manufacturers will have problems scaling up electric vehicle production,” says Klaus Stricker, co-head of the global automotive practice at Bain & Company....
...Cutting import duties on cars sold into China may have been a move designed to help US carmakers such as Ford and General Motors, but the biggest beneficiaries will probably turn out to be German manufacturers...
...Mr Chen said it would look to acquire companies in the cyber security and automotive software markets to boost its growth, but would take its time. “We are very patient....
...It's a crowded market, but the company, founded by MIT graduates in 2009, is expected to have shipped 1m units by January, two years after its first product launch....
...The focus on self-driving vehicles is pitting Baidu against other leading internet companies, including Alphabet, as well as established carmakers such as Ford and General Motors....
International Edition