The chairman of Taiwanese manufacturer Foxconn says the electronics giant is considering making electric vehicles at its mostly empty worksite in Wisconsin, where the company originally planned to make LCD panels. Either that, or Foxconn may make EVs in Mexico. The decision will be made by July 1st, chairman Young Liu said at a press… Continue reading Foxconn says it might build EVs at empty Wisconsin site, or in Mexico
Tag: Apple
German Handelsblatt: Automotive industry: Volkswagen depresses fixed costs: Up to 5000 jobs are to be cut 001546
Volkswagen saves on staff Vehicle production at Volkswagen in Wolfsburg: Jobs are also to be cut in production. (Photo: dpa) Düsseldorf Volkswagen produces too expensive; the fixed costs are far too high compared to the competition. The Wolfsburg-based car manufacturer has to regularly listen to this accusation on the stock exchange and by investors. VW… Continue reading German Handelsblatt: Automotive industry: Volkswagen depresses fixed costs: Up to 5000 jobs are to be cut 001546
XPeng stock falls even as losses narrow and revenue rises, amid broader weakness in EV stocks
Bloomberg Apple Could Hit $3 Trillion Market Valuation, Analysts Say (Bloomberg) — Apple Inc.’s stock could reach a market capitalization of $3 trillion, analysts say, citing the development of the Apple Car as well as high expectations for the next iPhone.Citigroup Inc. and Wedbush see potential for the tech giant to hit the milestone, an… Continue reading XPeng stock falls even as losses narrow and revenue rises, amid broader weakness in EV stocks
Geely taps Foxconn’s playbook to build EVs for other carmakers
BEIJING — Geely, China’s largest private-sector automaker, has taken the first step toward becoming the Foxconn of electric vehicles. Geely and Foxconn, the Taiwanese Apple assembler, are establishing a 50-50 joint venture that will manufacture whole electric vehicles for clients as well as parts. Just like Foxconn did with iPhones, Geely will pursue an economy… Continue reading Geely taps Foxconn’s playbook to build EVs for other carmakers
@McLaren: All-new McLaren Artura will be as compelling to own as it is to drive000092
9 Mar 2021 Comprehensive warranty package of 5-year vehicle, 6-year hybrid battery and 10-year body cover, plus a 3-year service plan as standard1 CO2 emissions of 129 g/km* and fuel economy of 50+mpg* represent ground-breaking efficiency for a supercar, benefiting purchase price and cost of ownership Electric power-only driving range of 30km/19 miles* for zero-emissions motoring… Continue reading @McLaren: All-new McLaren Artura will be as compelling to own as it is to drive000092
@Ford: New Tech, New Styles: Upgraded Ford Super Duty Gets SYNC 4, 12-Inch Screen, Lariat Sport and Black Appearance Packages
The 2022 Ford Super Duty increases customer convenience, connectivity and personalization with an available 12-inch touch screen plus cloud-connected SYNC® 4 featuring wireless Apple CarPlay™ and Android Auto™ as well as connected navigation Available new Lariat Sport Appearance Package adds style with body-color grille, bumpers and mirrors for customers who prefer less chrome. The popular… Continue reading @Ford: New Tech, New Styles: Upgraded Ford Super Duty Gets SYNC 4, 12-Inch Screen, Lariat Sport and Black Appearance Packages
January 18, 2021 North Bay Transit to launch new dynamic, on-demand bus service
January 18, 2021 North Bay Transit to launch new dynamic, on-demand bus service January 18, 2021 (North Bay, Ont.) – The City of North Bay, Ontario will be introducing a new, efficient, and convenient public transit booking and tracking system beginning January 24 with the launch of dynamic dispatching. This new transit service will operate… Continue reading January 18, 2021 North Bay Transit to launch new dynamic, on-demand bus service
Scrappy electric carmakers upend pecking order in auto industry
TOKYO — The accelerating trend to e-mobility will lead to a paradigm shift in the global car market that could radically change the landscape for the industry. Tesla has emerged as the early leader in the high-stakes electric vehicle race, topping the list of EV manufacturers. No Japanese manufacturer is among the top 10. Apple… Continue reading Scrappy electric carmakers upend pecking order in auto industry
The true disrupter in the auto industry isn’t Tesla — it’s Fisker (TSLA, FSR)
Nobody really saw this one coming. A year ago, Henrik Fisker was an admired auto-industry veteran, but with a failed startup behind him. Fisker Automotive’s 2013 bankruptcy sent Fisker back to his roots in design for a spell, but it didn’t discourage him from taking another crack at building a car company. Fisker Inc., however,… Continue reading The true disrupter in the auto industry isn’t Tesla — it’s Fisker (TSLA, FSR)
Uber is in its strongest position in years
Uber has made many changes over the years, and the pandemic has forced a reckoning in its business. It has offloaded expensive distractions and put its focus back on ride-hailing and food delivery. CEO Dara Khosrowshahi is nearing a $100 million payday as Wall Street embraces Uber’s turnaround. Visit the Business section of Insider for… Continue reading Uber is in its strongest position in years