A little more than a week ago, I wrote about a price war truce (among other things) made among Chinese automakers, including Tesla. At the time, I pondered that such an agreement would seemingly be a clear violation of antitrust laws in the US and Europe. What I missed is that the agreement apparently got… Continue reading Clean Technica: That Chinese EV Price War Truce Dissolved Real Quickly — What Does That Mean?002901
Tag: Possible_Terrorism_Warfare
Government Opens Investigation Into Tesla Autopilot Crash That Killed Teen and Baby
“In the blink of an eye, our lives have been forever shattered…” Tragedy Strikes Tesla’s troubled Autopilot is under additional scrutiny after federal officials announced they’re investigating the driver assist tech in a horrific car crash in California that killed a teenager and a baby, Reuters reports. “In the blink of an eye, our lives have… Continue reading Government Opens Investigation Into Tesla Autopilot Crash That Killed Teen and Baby
Middle East Military Counter-Unmanned Aerial Systems (C-UAS) Research Report 2023: Key Factors Driving Growth and the Strategies Adopted by Regional Stakeholders to Tackle Emerging Threats
DUBIN, July 19, 2023 /PRNewswire/ — The “Middle East Military Counter-Unmanned Aerial Systems Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. This study delves into the current landscape of the Middle East C-UAS market, analyzing the key factors driving its growth and the strategies adopted by regional stakeholders to tackle emerging threats. Addressing the growing… Continue reading Middle East Military Counter-Unmanned Aerial Systems (C-UAS) Research Report 2023: Key Factors Driving Growth and the Strategies Adopted by Regional Stakeholders to Tackle Emerging Threats
Tesla’s Profit Rose in the Second Quarter as Price Cuts Spurred Demand
Tesla reported a rise in profit for the second quarter after the company led by Elon Musk cut prices in response to increased competition and higher borrowing costs for car buyers. The company said on Wednesday that it earned $2.7 billion from April through June, compared with $2.5 billion in the first quarter of this… Continue reading Tesla’s Profit Rose in the Second Quarter as Price Cuts Spurred Demand
Tesla’s margin falls as it boosts discounts to drive demand
[1/2]Tesla super chargers are shown in Mojave, California, U.S. July 10, 2019. REUTERS/Mike Blake/File Photo July 19 (Reuters) – Tesla’s (TSLA.O) gross profit margin dropped to a four-year low in the second quarter after Chief Executive Elon Musk doubled down on a price war with rival automakers, but sales and profit still beat Street expectations.… Continue reading Tesla’s margin falls as it boosts discounts to drive demand
Want to Win a Chip War? You’re Gonna Need a Lot of Water
The volume required can be huge. In the US, chip fabs use far less water than the agriculture and power generation industries, and semiconductors haven’t spurred political tensions over water resources at national scale, says Chris Miller, a history professor at Tufts University in Massachusetts and author of the recent book Chip War. Still, squeezes… Continue reading Want to Win a Chip War? You’re Gonna Need a Lot of Water
Global Alternative Powertrain Market to Witness Impressive Growth, Led by Technological Advancements and Rising Demand for Fuel-Efficient Vehicles
DUBLIN, July 19, 2023 /PRNewswire/ — The “Alternative Powertrain Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering. The market is projected to grow from $90.61 billion in 2022 to $109.50 billion in 2023, at a compound annual growth rate (CAGR) of 20.8%. Furthermore, the market is expected to reach $225.87 billion in 2027, with… Continue reading Global Alternative Powertrain Market to Witness Impressive Growth, Led by Technological Advancements and Rising Demand for Fuel-Efficient Vehicles
PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 9%
BLOOMFIELD HILLS, Mich., July 19, 2023 /PRNewswire/ — Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world’s premier automotive and commercial truck retailers, today announced that its Board of Directors has increased the Company’s quarterly dividend by $0.06 per share, or 9%, to $0.72 per share. “We… Continue reading PENSKE AUTOMOTIVE GROUP INCREASES DIVIDEND BY 9%
Electric vehicles can’t compete with the emotional roar of an engine – but does that matter?
While EVs are associated with far fewer greenhouse gas emissions than their ICE counterparts, the sound they make lacks the emotive pull that draws people towards traditional ICE vehicles. Electric vehicle (EV) sales have been growing at a rapid pace. Their share of the global car market has risen from around 4% in 2020 to… Continue reading Electric vehicles can’t compete with the emotional roar of an engine – but does that matter?
Vietnam EV maker VinFast to start construction of US factory next week
VinFast is one of several EV startups fighting to maintain a foothold as market leaders Tesla and China’s BYD engage in a price war at a time when growth in demand appears to be slowing in major markets. Vietnamese automaker VinFast said on Wednesday it would start construction of a USD 4 billion electric vehicle… Continue reading Vietnam EV maker VinFast to start construction of US factory next week