Recently, the auto industry has been abuzz over the partnership between Toyota and Tesla Motors to develop a passenger all-electric vehicle (EV) for less than $30,000. Additionally, Toyota has committed to purchasing $50 million worth of common stock immediately following the closure of Tesla's IPO,...
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State of the Market Report | August 31, 2021
Developers of autonomous vehicles, specifically those focused on level 4 self‑driving vehicles, often focus on mobility services as the first application. Not only is there a demonstrated market for taxis and ride‑hailing, but it's a market where the high costs of labor create high prices ‑ making ... Not part of subscription
News Commentary | February 16, 2021
On a quarterly call when it announced losses of $2.9 billion, Ford committed $22 billion to electrification and an additional $7 billion to autonomous vehicles through 2025. This marks an increase over its previous investment of $11 billion to develop electrified vehicles between 2018 and 2022, as ... Not part of subscription
News Commentary | February 17, 2021
The British luxury brands are now focused on a transition to all‑electric brands, with Jaguar leading by 2025 and Land Rover following by 2030. While this is a very aggressive timeline, the automaker is on track to pay more than $100 million in emissions‑related fines in Europe, as its fleet is one ... Not part of subscription