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 Q2 2020: Strong Performance, Positive Outlook
Highlights Tesla ended Q2 2020 with $5.2 billion in automotive revenues, a decline of 3.7% from last year. The performance is impressive considering…
Tesla’s Chinese Foray: Why, What and How
In 2018, Tesla CEO Elon Musk signed an agreement with the Shanghai regional government to set up the first Gigafactory in China. Here we discuss why…
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,…
Regulatory Gridlocks Slowing Down EV Growth in US
Summary The US remains an important market for automakers, accounting for 20% of vehicles and about 15% of EV sales globally. However, regulatory…
COVID-19 Leading Global Automotive Industry to Recession
Overview While China is recovering from the worst impact of the coronavirus, the focus has shifted to Europe and the USA. Factories in Hubei…
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…
Tesla Q4 2019: Remains Profitable; Focuses on Fast Growth
Tesla posted its Q4 2019 results, increasing its total automotive revenues in 2019 over 2018. Even though the company managed profitability for two…
Post Event Coverage: ETAuto EV Conclave – Summaries of Panel Discussions
The recent ETAuto EV Conclave in Gurgaon was eventful with a focus on the current outlook for electric vehicles (EVs) in India, with various OEMs,…
Global E-Scooter Market to Start Recovery in 2020
Sales declined in 2019 due to new regulations in China. Market recovery to be driven by government initiatives, urbanization, and growing consumer…
Tesla Q3 2019: Profits and Progress to Autonomy
Tesla beat Wall Street’s expectations in 3Q 2019, and by some margin. After losing over US$1 billion during 1H 2019, it registered a profit of US$143…
More than 431 Million Telematics Control Units Will Be Shipped Globally During 2019-2025
LG, Continental, Harman, led the global automotive Telematics Control Unit (TCU) market in 2018. 4G and 5G TCUs to account for most of the shipments…