Through our collaboration with Microsoft, we are accelerating our AI momentum across the enterprise, focusing on over 100 AI initiatives that cover product development, predictive maintenance, and the faster rollout of digital features.
The Society of Motor Manufacturers and Traders is calling for UK-built vehicles, components and batteries to be granted equivalent status to EU-made products under the proposed 'Made in Europe' framework, arguing that the current draft risks undermining a deeply integrated cross-border industry.
"We have seen a significant change in the dynamic. So definitely, when the American consumer sees an increase in fuel prices they try to move to solutions which are more friendly in terms of cost, especially in states like California."
There's a key reason why many EVs are expensive. Economies of scale just haven't kicked in as they have for gas cars. Over 100-plus years of building dino-burners, we've gotten pretty good at every individual part. There are plenty of firms that can build fuel pumps, turbochargers, alternators, and radiators at scale, leveraging hundreds of thousand-unit volumes to drive per-unit costs down.