Equity commitments within software JV could add up to a substantial minority stake, while working relationships are only going to get closer
EV pure play’s ambitions have dependencies that may change under a Republican regime
The Croatian EV technology firm will supply drivetrains to the Middle Eastern challenger
The firm’s hydrogen walk does not match its talk
Japanese OEM Toyota’s enthusiasm for hydrogen and fuel cell electric vehicles (FCEVs) remains puzzling. Its January-April sales figures lay bare the mountain the technology would have climb to even approach materiality.
The firm’s Toyota and Lexus brands sold just over 3.2mn vehicles in the first quarter of the year, of which a very respectable 1.1mn, or 34.6pc of total sales, were EVs of some kind (see Fig.1). But hybrids (HEVs) made up the lion’s share of those volumes, shifting almost 1,045,000 units for a 32.6pc share of total Toyota sales.
All-electric’s position as the Sino-Swedish OEM’s best-selling vehicle type in Europe suffers October setback
Japanese all-electric laggards may hope to leverage South Asian cost advantage, but show worrying signs of a lack of being all-in
Stellantis is sticking to Italy-only in its strategy to revive the brand, but may be wavering in its commitment to BEVs
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