Teslarati

MAY 9, 2023

Lucid Motors was the first domino to fall this week , releasing its Q1 earnings report, which showed investors weakening demand, a flimsy financial position, and a disheartening production forecast. Foremost, the automaker announced a production cut to its incredibly optimistic 2023 forecast. What do you think of the article?

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Baua Electric

FEBRUARY 1, 2024

Chipmaker Wolfspeed forecast third-quarter revenue below estimates on Wednesday, as slower sales growth for electric vehicles hurt demand for its semiconductors used in them, sending its shares down 2% in extended trading. from 29% in 2023, according to Canalys. In the reporting quarter, net revenue rose nearly 20% to USD 208.4

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Baua Electric

JANUARY 18, 2024

Taiwanese chipmaker TSMC projected on Thursday more than 20% growth in 2024 revenue on booming demand for high-end chips used in artificial intelligence (AI) applications even as the broader industry deals with weak smartphone and electric vehicle sales. “We are a key enabler for AI applications. billion (USD 7.6

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CN EV Post

JANUARY 3, 2023

The post Goldman Sachs raises 2023 forecast for China auto sector to reflect faster-than-expected Covid reopening appeared first on CnEVPost. For more articles, please visit CnEVPost. After a disappointing 2022, some tailwinds will drive a recovery in retail sales and production in the Chinese auto sector in 2023, Goldman Sachs said.

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Baua Electric

APRIL 28, 2024

SK Innovation Co Ltd said on Monday its SK On battery-making unit is on target to breakeven in the second half of this year after it posted a forecast-beating operating profit in the first quarter, sending its shares up over 6.0%. That compared with an average analyst forecast of 466 billion won. rise as of 0336 GMT.

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CN EV Post

JULY 11, 2022

The post CITIC Securities raises its forecast for NEV sales in China to 6 million units this year appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Green Car Congress

JUNE 16, 2023

by Dr James Jeffs, Senior Technology Analyst at IDTechEx Computer chips have been part of cars for a long time, but no one really cares about them until they stop working or they are late to the production line, grinding manufacturing to an industry-shaking halt. This is where laptops come back in.

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Baua Electric

MAY 23, 2024

billion forecast. This compares to a 5% to 10% increase it had previously forecast, when it warned of a supply glut. Updated On May 23, 2024 at 12:58 PM IST --> Published On May 23, 2024 at 12:53 PM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

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Baua Electric

FEBRUARY 5, 2024

Ahead of next month’s budget, the industry body called for Britain to support consumers by temporarily halving VAT on new BEV purchases. Ahead of next month’s budget, the industry body called for Britain to support consumers by temporarily halving VAT on new BEV purchases. anticipated in October. anticipated in October.

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Baua Electric

JANUARY 25, 2024

European chipmaker STMicroelectronics on Thursday forecast a more than 15% drop in first-quarter revenue, well below market expectations, due to softer automotive demand and a further decline in orders from the industrial sector. Orders from the automotive industry have been helping chipmakers offset the impact of U.S.-China

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Cars That Think

JANUARY 2, 2024

By the time we gave all the details in a 2019 feature article , it was clear that this device was destined to be the successor to the FinFET. One of the first feature articles Moore edited at Spectrum way back in 2000 was Stephen Forrest’s article on organic electronics. This article appears in the January 2024 print issue.

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Baua Electric

APRIL 12, 2024

CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics. Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability.

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Baua Electric

FEBRUARY 29, 2024

billion forecast. Chile’s SQM , the world’s second-largest lithium producer, on Wednesday posted an 82% fall in its fourth-quarter net profit from a year earlier, below forecasts as prices for the key battery metal continued to slide from earlier peaks. billion forecast. Revenue for the period fell 58% to USD 1.31

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Baua Electric

MAY 9, 2024

million) in the year that ended in March, missing its own 113 billion yen forecast, Panasonic said. Panasonic forecast a 5% rise in operating profit for its entire business for this year to 380 billion yen. Operating income for the key segment, which makes batteries for Tesla and other automakers, totalled 88.8 billion yen (USD 570.18

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Auto Batteries Battery South Korea 52

Baua Electric

MAY 1, 2024

Weakness has also evaded AMD’s embedded segment, which caters to markets such as automotive and industrial. The company forecast revenue of about USD 5.70 Personal computing and console gaming revenue growth is expected to remain below pre-pandemic levels through 2026, according to research firm Newzoo.

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CN EV Post

APRIL 17, 2023

NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. The price war has had a big impact on the auto industry, and NIO will not follow suit. For more articles, please visit CnEVPost. percent year-on-year and 23.6

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Baua Electric

APRIL 25, 2024

Weakness in auto and industrial demand have been weighing on the sector, while investors remain cautious amid high interest rates, with escalating tensions in the Middle East increasing fears. billion to USD 16.9 Analysts polled by LSEG were expecting revenue of USD 16.1 billion for the year.

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Baua Electric

MAY 3, 2024

Auto parts supplier Aptiv on Thursday cut its annual sales forecast and said it would reduce equity interest in its self-driving joint venture, Motional, with Hyundai Motor. The company cut its full-year 2024 net sales forecast to be between USD 20.85 Shares of Aptiv jumped about 11.6% in morning trading. billion from USD 750 million.

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CN EV Post

MARCH 9, 2023

Citi analyst Jack Shang said in a research note that CATL's reported results were in line with previous forecasts, and they are bullish on the company's strong pricing power and overseas customer channel as a leader in the battery industry. For more articles, please visit CnEVPost.

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CN EV Post

APRIL 3, 2023

For the second quarter, the team continues to see industry volume growth and has raised its NEV retail sales forecast from 1.65 March OEM recap Li Auto delivered 20,823 vehicles (+25% MoM, +89% YoY), below our forecast. NIO delivered 10,378 units (-15% MoM, +4% YoY), below our forecast. million to 1.75

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Baua Electric

APRIL 11, 2024

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics.

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Auto Energy Storage Batteries Battery 52

Baua Electric

FEBRUARY 1, 2024

Aptiv’s 2024 profit forecast of USD 5.55 Aptiv’s 2024 profit forecast of USD 5.55 “Companies are realizing that attaining level 4 of autonomous driving is way more difficult and expensive than the industry predicted,” Evangelos Simoudis , an investor, author and corporate adviser, told Reuters on Wednesday.

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Baua Electric

JANUARY 31, 2024

Chinese electric vehicle (EV) battery giant CATL forecast net profit growth of up to 48.1% China’s second-ranked EV battery maker BYD, which unseated Tesla as the top EV maker in sales terms, on Monday forecast its 2023 net profit rose by as much as 86.5%, a much slower pace than the 446% seen in 2022. billion yuan and 45.5

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Baua Electric

APRIL 30, 2023

per cent in 2023, according to a forecast. According to the latest forecast from Gartner, in 2022, the market totalled USD 599.6 Global semiconductor revenue is forecast to total USD 532 billion in 2023. “The semiconductor industry is facing a number of long-term challenges in the decade to come,” said Gordon.

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Teslarati

JULY 29, 2022

million in 2021 at a compound annual growth rate (CAGR) of 9.90% during the forecast period. The report provides both the market sizing and forecasts across seven major currencies which are USD, EUR, JPY, GBP, AUD, CAD, and CHF. The years 2023-2027 are the forecast period. million by 2027, up from $19,717.47 million by 2027.

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Green Car Congress

APRIL 2, 2017

As it stands, the forecast models of demand are likely predicting peak demand far later than it will be. High prices persisted long enough for the industry in the U.S. The forecasts of growth in global demand rely upon increased use by developing countries, most importantly China and India. Link to original article: [link].

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Cars That Think

MARCH 28, 2023

As Spectrum reported in the months since this story originally posted, the broken supply chains caused by the chip shortage have practically rewired whole segments of the tech industry. industrial concerns from falling victim to similar semiconductor supply chain snafus in the future. In March of 2023, the U.S.

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Green Car Congress

AUGUST 31, 2020

Yet, its natural gas output will still comprise 85% of its total production by the end of the forecast period. In fact, if you remove Equinor from the equation, Big Oil’s renewable investments will actually decline over the next three years before even factoring in the industry-wide deep capex cuts due to the Covid-19 pandemic.

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Baua Electric

APRIL 29, 2024

NXP Semiconductors NV forecast second-quarter profit above estimates on Monday, as easing inventory corrections at its industrial and mobile customers helped offset decelerating revenue from automotive customers due to slowing EV demand. Industrial and IoT revenue grew 14%, while mobile revenue was up 34% in the first quarter.

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Baua Electric

JANUARY 17, 2024

SmartEstimates give greater weighting to forecasts from analysts who are more consistently accurate. Updated On Jan 17, 2024 at 03:17 PM IST --> Published On Jan 17, 2024 at 03:13 PM IST 2 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. billion ($7.21

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Green Car Congress

JULY 9, 2016

In an industry where anything could happen, surprises—often unwelcome—are hard to come by. Oil is exactly such an industry at the moment. No one is sure where oil is heading, near-tem forecasts range from $20 to $80 per barrel by the end of the year, and there are just too many wild cards on the scene.

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Baua Electric

JANUARY 24, 2024

GlobalData’s latest report, “Global Sector Overview & Forecast: Electric Motors” reveals that the electric motors market in APAC is estimated to reach 478.4 Against this backdrop, the APAC automotive electric motors market is forecast to post a 3.1% million units in 2023 and 561.0 million units by 2028. million units by 2028.

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Baua Electric

FEBRUARY 5, 2024

” Apple on Thursday forecast a drop in iPhone sales and targeted overall revenue USD 6 billion below Wall Street expectations as its China business took a hit. Foxconn, formally called Hon Hai Precision Industry Co Ltd, will report fourth quarter earnings next month when it will also update its outlook for this year.

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Cars That Think

APRIL 5, 2023

The IEEE Fellow was awarded the 2008 IEEE Medal of Honor for “pioneering technical roles in integrated-circuit processing, and leadership in the development of MOS memory, the microprocessor computer, and the semiconductor industry.” Intel helped cement the region as a global center for technological innovation, the article says.

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Teslarati

MARCH 11, 2023

Rivian has some of the industry’s most loyal and patient customers, with some reservation holders waiting years for their electric truck of choice. However, some have argued that the forecast is a conservative estimate, with some analysts believing Rivian may be able to produce as many as 62,000 trucks this year.

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Green Car Congress

JANUARY 30, 2019

Last year’s 12 percent slide by the Bloomberg Commodity Index —spurred by 20 percent-plus declines by industrial bellwethers like West Texas Intermediate crude, steel and platinum—came in the wake of two years of modest gains. On the contrary, certain emerging trends in the industry suggest just the opposite.

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Baua Electric

JANUARY 21, 2024

The company noted that the recent drop in spodumene prices had triggered significant reductions in short and medium-term lithium price forecasts, and had impacted finalisation of a debt package for the Kathleen Valley project. Shares of the company fell as much as 25.9% to their lowest level since June-2022 by 2352 GMT.

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