Financial_Times Reporting – Page 214 – I wish I had more to offer

Romeo Power powers down its revenue forecast

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Xiaomi looks to overtake Huawei

Oxford Nanopore’s London IPO, Improbable dream fades, Google’s AI Maps Go to Source

Xiaomi unveils plan to make electric cars

Chinese smartphone maker joins tech stampede to manufacture a battery-powered vehicle Go to Source

Used car retailer Cazoo to list in New York with $8bn valuation

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Chip crisis highlights supply chain new order as carmakers lose out

Auto groups must adapt or play second fiddle to Silicon Valley giants in battle for semiconductor supplies Go to Source

Honda’s Swindon plant sold to property developer

Deal could be a lifeline for the plant’s 4,500 workers Go to Source

Europe’s carmakers keep faith in ‘just-in-time’ supply

Covid-19’s disruption to semiconductor supplies has been the latest in a line of setbacks for carmakers, following higher tariffs from the US-China trade war and pasts shortages after the Japanese earthquake in 2011. But despite the impact on European groups including Volkswagen and Daimler, many producers are reluctant to overhaul their “just-in-time” supply chains. In… Continue reading Europe’s carmakers keep faith in ‘just-in-time’ supply

Author: Financial_Times Reporting