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...“This has been a big theme this year in auto; everyone has had to step back from the euphoria”....
...In that time, shares in music promoter Live Nation have jumped almost 30 per cent....
...While it has a credit card loan book of $137bn, it also has issued a significant volume of auto and commercial loans....
...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....
...That means that the volumes that its member nations supply, and the timing of that supply, “will define where prices go in the next 12 months”, he said....
...But for Xi Jinping’s administration in Beijing the rapid emergence of the nation’s advanced EV industry has created a different dilemma: how to manage the terminal decline of the sector devoted to internal...
...Among those concerned about a swift rollout of electric vehicles is the United Auto Workers union, which has endorsed Biden for 2024....
...“Honestly, we feel like there’s an opportunity for a company from Vietnam like us to be a global company when the auto industry is going through a very structural change,” Thuy said....
...Final Whistlehttps://twitter.com/Football__Tweet/status/1748024914517315922 The Africa Cup of Nations is in full swing in Cote d’Ivoire....
...China’s auto exports hit a record 4.9mn last year, up from 1.1mn the year prior, as the nation overtook Japan as the world’s biggest car exporter....
...“Google is a nation-state, and the company is run by bureaucrats.” Pichai admits to challenges caused by Google’s sheer size....
...But most favoured nation clauses are usually legal for non-dominant firms. I think the way to address the most favoured nation agreements in Amazon would be to go through product by product....
...Arsenio Dominguez, secretary-general of the International Maritime Organization, the United Nations’ maritime arm, called the “horrific reports” of the casualties “deeply saddening”....
...I mean, auto wages, real auto wages, have been declining for a long time....
...Auto analyst Basudeb Banerjee at ICICI Securities said Ola Electric’s market share is likely to shrink but “for Ola to operate at about 20, 25 per cent sustainable market share in e-scooters is definitely...
...The oil and gas industry has begun taking steps to tackle methane emissions, as the US and other nations move to implement financial and other penalties....
...The largest risk to Tesla now is that unions in other nations, especially Germany, opt to join the strike in solidarity with their Swedish counterparts, said analysts....
...The bill also fails to acknowledge the right of all sovereign nations to develop and promote their own foreign policies....
...The unions see collective agreements as especially vital in a nation with no minimum wage....
...Pham Nhat Vuong, chair of VinFast Auto, has added billions of dollars to his net worth thanks to the success of the Vietnamese electric-vehicle maker’s New York listing....
...The south-east Asian nation is home to the world’s largest reserves of nickel, an integral part of batteries for electric vehicles....
...Infrastructure is also problematic, with just over 8,700 public charging stations in the world’s most populous nation....
...At the same time, the Japanese auto industry is being challenged by other Asian nations....
...The industry is a critical component of the nation’s industrial base, employing about 1mn people when including parts suppliers, and contributing 3 per cent towards gross domestic product....
...Here’s what else I’m keeping tabs on today: United Nations: US president Joe Biden and Ukraine’s Volodymyr Zelenskyy will address the UN General Assembly today in New York....
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