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Bellway PLC (OTC:BMWYY), Ford Motor Company (NYSE:F) - Traditional Automakers Are Making The Transition To Electric With These Ambitious EV Plans

Share: Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) have both started off the year strong, seeing double-digit gains. GM stock rose 20% from where it started at the beginning of 2021. Ford stock saw similar movement, surging up 35% and then settling at around 23%. Both companies are likely seeing more market attention because of their ambitious EV plans and they are not the only ones who are upping their game in an effort to catch up in the EV race and give Tesla Inc (NASDAQ: TSLA) a run for its money. GM The company has enjoyed a soaring stock-market valuation on the back of its EV plans, but this doesn t change the fact that it s lagging behind its peers with product launches. In 2019, GM faced United Auto Workers strike. In 2020, the pandemic forced it to close its plants and in 2021, a shortage of semiconductors. It is a good thing that GM learned something from its 2008 dramatic saga and has been fortifying its balance sheet since, helping it to

The Global Chip Shortage Is Taking Hold

The Global Chip Shortage Is Taking Hold Jalopnik 2/5/2021 © Photo: Subaru It is the season of earnings reports, Tesla might be going to Indonesia, and this chip shortage is something else. All that and more in The Morning Shift for February 5, 2021. 1st Gear: Subaru Reports Its Earnings (And Lack Of Chips) The company did all right in the last part of 2020, as did more than a few automakers. The rising tide in this case was many people going back to buying cars thanks to pent-up demand, though Subaru is also deeply worried about the global semiconductor shortage. Subaru reported a 17 percent profit increase in the latest quarter as the automaker rebounded from the pandemic slump and booked lower warranty costs.

Automakers planning supply chain improvement to avoid chip shortage crisis

Automakers planning supply chain improvement to avoid chip shortage crisis PUBLISHED BY The automotive industry’s supply chain mechanics is due for an overhaul. Many auto industry leaders have realized the disadvantages of relying on a finely tuned “just-in-time” supply chain that is dependent on daily deliveries.  The pandemic crisis has shown that such thin margins and low inventories to save on cash can lead to greater harm when assembly lines have to grind to a halt due to paucity of parts. Chip famine: Chip shortages led to a production hit of nearly 670,000 cars in the first quarter of this year because of chip shortages.

Mají spalovací motory ještě naději? Porsche zkusí palivo ze vzduchu a vody

Mají spalovací motory ještě naději? Porsche zkusí palivo ze vzduchu a vody
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