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...Moreover, GM and Ford have been concentrating on making bigger and higher-priced electric SUVs and pick-up trucks, but sales for those have been relatively sluggish....
...The company now has 70 per cent of the global market, with its end customers including GM, Volkswagen, Renault, Ford and Nissan....
...It has started converting some factory lines in China to produce EVs....
...This week GM’s Cruise announced that it would pause all manned and unmanned robotaxi trips....
...GM halted the division’s work and regulators are investigating the case....
...Ford and GM have pulled back on EV volumes and cut prices....
...In August, it signed a deal to acquire a GM plant in the western Indian state of Maharashtra, which it intends to use to produce EVs as it targets producing 1mn vehicles a year for the local market....
...It plans to produce cheaper LFP batteries from 2026 to meet demand for lower-priced models....
...Meanwhile, Honda has recognised that going it alone is no longer a viable strategy, striking a surprise partnership with Sony in 2022 to produce EVs....
...Two-wheeler sales have surged since 2021, when monthly sales in the e-scooter market were less than 20,000 in India, to a high of more than 100,000 last May....
...These ads are fast and cheap to produce at massive scale with the fine-tuned customer targeting optimised by the vast troves of data now collected on individuals....
...It said sales of battery-powered vehicles were up 37 per cent in the third quarter compared with a year earlier....
...Bolts comprised more than 90 per cent of GM’s EV sales. The Bolt was subject to a recall in 2020 after batteries caught fire in some cars....
...That is despite the fact the company is only expecting to produce some 50,000 cars this year — a tiny number compared with the 5.9mn vehicles GM sold last year....
...The sale process is ongoing, said the people, with initial bids due before summer....
...“The people that can produce vehicles will be a winner from [the strike].”...
...One of its battery subsidiaries has signed a deal with BorgWarner, the US-listed supplier to GM, Ford and Stellantis....
...Spitting into a tube and sending it off by post for £99 produces a report showing DNA composition by area. Rivals include Ancestry and CRI Genetics....
...Bankers brace for a Big Oil fee bonanza After a moribund few years for M&A, two megadeals are fuelling dealmakers’ hopes for a fee windfall, as more big oil producers consolidate in a rush to produce the...
...In November, Mexico announced a goal of reaching 50 per cent sales share for EVs by 2030 as part of its climate commitments....
...In January, GM announced a $650mn investment in a US lithium mine. Environmental protests have also grown....
...The AI will then “remix” this material to generate ads based on the audience it aims to reach, as well as other goals such as sales targets....
...With over a trillion yen ($7.6bn) in sales to China last year, Japan’s chip tool makers will undoubtedly be hoping the government’s prediction turns out to be right....
...And that's before GM or Ford or VW or the Chinese, who'll continue to produce two-thirds of the world's batteries and two-thirds of the world's electric vehicles and are growing quicker than us and have...
...Choudary cites Autodesk, which produces AutoCAD, the market leader in construction design software....
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