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Related Special Reports
...BCG is working with global tech giants and AI companies — from Microsoft and Google to OpenAI and Anthropic — to integrate their technology into company operations and processes....
...giant to taper its electric ambitions....
...The fierce competition and smaller profits are also affecting companies in the EV supply chain — notably battery makers....
...It has continued to cut prices for its most popular models as unsold-vehicle inventory piles up: that measure rose to 28 days of supply from 15 days a year ago....
...Chinese companies dominate the supply chains for resources, manufacturing and technologies crucial for electric vehicles and batteries as well as wind and solar energy....
...Much of that growth came from China, where two-thirds of electric cars were already cheaper to purchase than their petrol equivalents, the IEA found....
...With typical grandiloquence, he claims that turning the company’s electric fleet into autonomous vehicles could be “the biggest asset value appreciation in history”....
...Like really, we should be thought of as an AI or robotics company....
...The company, which supplies 25 per cent of England and Wales, is struggling to stay afloat after shareholders refused to put more money in....
...Battery storage facilities earn revenue by buying and selling power in the wholesale market and can also be paid by National Grid’s ESO to store and discharge power to smooth out supply and demand....
...These are hard calls and we’re in no position to forecast the EV supply-demand balance....
...The Technoking is the reason Tesla remains the most distinctive car company in the world....
...Sales of higher-margin combustion engine vehicles help with cash flows while the legacy European companies invest in electric models. The question is how long the breathing space will last....
...Thousands of imported vehicles, many of them electric cars made in China, are clogging up European ports....
...Smaller companies play a big role in Japan’s electric vehicle battery supply chain, indirectly supporting the likes of Toyota Motor and Tesla....
...But they also want to know whether Elon Musk’s company is in the midst of a major change in direction, after reports that it was slowing plans for a cheaper $25,000 electric car — known unofficially as the...
...Sales growth of electric cars has slowed in the past year, with carmakers increasingly forced to discount models in order to generate sufficient consumer demand, while companies from General Motors and Ford...
...While the company pointed to several issues that blighted the first quarter, including disruption in the Red Sea supply route that forced its Berlin plant to halt production, former executives and analysts...
...The decade-long effort to build a product that competes with the likes of Tesla and Rivian has never been officially confirmed by Apple, and a spokesman for the company declined to comment....
...The job cuts come as the slowdown in sales of EVs makes waves across the global car industry, with companies across the supply chain from South Korea to Germany slashing jobs and costs....
...The company, formerly the automotive division of GKN, specialises in making side-shafts that fit into both electric and engine-powered cars, giving it around six months of visibility of supply across all...
...Biden’s Inflation Reduction Act seeks to eliminate “foreign entities of concern” — which include companies with close ties to Beijing — from the US EV supply chain, with restrictions due to come into force...
...Net profits for bank and broker Nomura surged almost 670 per cent from a year earlier in its latest quarter, as Tokyo stocks eclipsed their 1980s bubble-era high and Japanese companies raced to raise funds...
...Rolling-stock leasing companies, or Roscos — which are owned by financial investors — were set up to supply new trains to the UK railway following privatisation in the 1990s, and have proved highly profitable...
...These include proposals to regionalise the national electricity market by splitting it into as many as seven “zones”, each setting its own wholesale electricity price....
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