Tesla – A Game Changer for India’s EV Industry?
Stagnating electric vehicle (EV) sales in the US have led Tesla to explore overseas markets in Europe and China. But the increasing competition in…
Uber ATG-Aurora Deal is Win-Win for Both
Uber is selling its self-driving division ATG to autonomous vehicle (AV) start-up Aurora. Uber will also take a 26% stake in Aurora and invest $400…
Government Push to Make China a Leader in 5G Connected Cars
Increasing need for real-time cloud computing and fast cloud-car communication is creating a market for 5G-enabled connected cars. Counterpoint…
Three-Quarters of All New Cars to be Connected in Five Years
Half of all cars shipped in 2020 will be connected. US and China together accounted for two-thirds of all connected car shipments in Q2 2020.…
Weekly Update: COVID-19 Impact On Global Automotive Industry
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NIO’s Battery-as-a-Service (BaaS) Strategy: A Smart Move
Nio has launched battery as a service (BaaS) under Nio-Power, offering charging and swapping of batteries for EV owners. BaaS users can buy a Nio car…
Tesla Q1 2020: Manages to Stay Profitable
Key Highlights Tesla ended Q1 2020 with US$5.1 billion in revenues, up 37.8% from last year. The company earned a small profit of US$16 million,…
COVID-19 Impact: Global Automakers Remain Gloomy; Expecting Further Declines
Overview While China is progressing toward recovery from the COVID-19 with a strong bounce-back seen in some vehicle sales, other regions are seeing…
Why is Toyota Partnering with Panasonic to Make EV Batteries?
Background In January 2019, Toyota and Panasonic announced they were forming a joint venture (JV), to manufacture prismatic batteries for electric…
Global Automotive Outlook and Trends: 2020 and Beyond
The global automotive industry is entering into a new decade in which we expect a series of unprecedented challenges, but also opportunities – and it…