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...The company is also working with Singapore-based FEST Auto to sell EVs to the European logistics market....
...It reduced costs for its R1 trucks and SUVs, as well as the electric delivery vans it is making for Amazon, in multiple categories, including labour, logistics, overhead and the cost of materials....
...A version of this article was first published by Nikkei Asia on January 26. ©2024 Nikkei Inc. All rights reserved....
...“As Amazon seeks to become a dominant player in logistics while being carbon neutral, we believe that Rivian will be their end-to-end fleet provider of choice,” he wrote....
...A version of this article was first published by Nikkei Asia on April 20. ©2022 Nikkei Inc. All rights reserved....
...Any resulting price rise on automotive parts thus hurts....
...A version of this article was first published by Nikkei Asia on June 1 2022. ©2022 Nikkei Inc....
...Rivian, the electric automotive company backed by Amazon, is targeting a valuation as high as $53bn when it makes its debut on the Nasdaq, potentially as soon as next week....
...“There’s more and more focus from investors on logistics. Mobility and supply chains are at a convergence of innovation, and Rivian sits really at the centre of that.”...
...A version of this article was first published by Nikkei Asia on December 8 2021. ©2021 Nikkei Inc....
...A version of this article was first published by Nikkei Asia on May 12 2021. ©2021 Nikkei Inc. All rights reserved....
...The equivalent of Uber Eats and logistics are already crowded with deep-pocketed incumbents in China,” the person said....
...A version of this article was first published by Nikkei Asia on July 23 2021. ©2021 Nikkei Inc....
...Pulling this off would require enormous capital and unlike Cruise, the self-driving company backed by General Motors, or Argo AI, which has support from Volkswagen and Ford, Zoox does not have a major automotive...
...It also extends to Tesla’s logistics....
...The anxieties are most acute in the automotive industry, which accounts for one-third of German R&D spending....
...Here’s Stifel: Under the terms of Indivior's settlement, a wholly-owned subsidiary, Solutions Inc. has pleaded guilty to one count of making a false statement relating to health matters in 2012....
...However, as finished goods have typically held at around 50 per cent of inventory in the past eight quarters, it will be of note to see whether what Musk described as “the most difficult logistics problem...
...Automotive and aerospace companies remained vulnerable to changes in the cost of credit as customer demand in these two sectors had been inflated by the distorting effect of cheap money....
...This will allow Pix to make vehicles near its customers, holding down logistics costs....
...Panasonic will also suspend its planned investment in Tesla’s integrated automotive battery and electric vehicle plant in Shanghai....
...The group is testing self-driving vehicles in Miami in partnerships with Domino’s and logistics company Postmates....
...Many of these start-ups had little idea what to do with the money, says Sandeep Aggarwal, the founder of the ecommerce site Shopclues and of Droom, an automotive marketplace....
...It is extremely rare for an automotive company to grow the production rate by over 100% from one year to the next....
...China’s troubles with Donald Trump could be an opportunity for Japan Inc....
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