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Sinclair to end Canada career against Australia in December
  + stars: | 2023-10-23 | by ( ) www.reuters.com   time to read: +1 min
Soccer Football - FIFA Women’s World Cup Australia and New Zealand 2023 - Group B - Canada Training - Olympic Park, Melbourne, Australia - July 24, 2023 Canada's Christine Sinclair during training REUTERS/Hannah Mckay/File Photo Acquire Licensing RightsOct 23 (Reuters) - Striker Christine Sinclair will wrap up her illustrious international career in a two-match series at home to Australia in early December, Canada Soccer said on Monday. Canada, who were eliminated by Australia in the group phase of this year's Women's World Cup, will face the Matildas on Dec. 1 and Dec. 5 in British Columbia. "Competing against a top opposition in Australia will be critical in our preparation ahead of the Paris 2024 Olympics," said Canada head coach Bev Priestman. The 40-year-old Sinclair's international career includes a record 190 goals for Canada in 327 games, an Olympic gold medal and six World Cup appearances. Last month, Sinclair helped Canada clinch a Paris Olympic berth with a win over Jamaica in Toronto.
Persons: Christine Sinclair, Hannah Mckay, Striker Christine Sinclair, Sinclair, Bev Priestman, Frank Pingue, Ken Ferris Organizations: Soccer Football, FIFA, Canada, Canada Soccer, Portland Thorns, National Women's Soccer League, Australia, Jamaica, Thomson Locations: New Zealand, Melbourne, Australia, British Columbia, Canada, Vancouver, Toronto
SummaryCompanies Markets await US PCE price index, Q3 GDP data this weekPalladium up 3%Oct 23 (Reuters) - Safe-haven gold eased on Monday, hitting pause after jumping to within striking distance of the key $2,000 level in the last session, as traders positioned for further developments on the Middle East conflict and U.S. economic data. Spot gold fell 0.3% to $1,976.19 per ounce by 1:41 p.m. Reuters Graphics"Safe-haven demand will continue to drive gold higher after a slight period of consolidation. Focus is also on the U.S. PCE price index on Friday— the Federal Reserve's favoured inflation gauge — and U.S. GDP figures for the third quarter on Thursday. Silver slipped 1.3% to $23.05 per ounce, platinum rose 0.3% to $897.58 and palladium gained 3% to $1,131.03.
Persons: David Meger, Bullion, Craig Erlam, Meger, Silver, BEV, Ashitha Shivaprasad, Sherin Elizabeth Varghese, Andrea Ricci, Aurora Ellis, Shailesh Organizations: Reuters, High, U.S, Thomson Locations: U.S, Israel, Bengaluru
"Based on our analysis, we see FIS as undervalued at 9x '24 P/E and upgrade to Overweight from Equal Weight." "We upgrade shares of KTB to Buy from Neutral and see 22% upside to our new $56, 12-month price target. Goldman Sachs upgrades Best Buy to buy from neutral Goldman said it sees multiple expansion for the electronic retailer. Can a 'growth stock' work if earnings don't grow in 2024? JPMorgan upgrades First Solar to overweight from equal weight JPMorgan said it sees an attractive entry point for the solar company.
Persons: Goldman Sachs, Goldman, Lee, Morgan Stanley, Tesla, Oppenheimer, it's bullish, Jefferies, CrowdStrike, we've, outperforming ytd, Bernstein, Disney, Wells Organizations: Street, Barclays, Fidelity National Information Services, Brands, Nike, Netflix, Disney, ESPN, Citi, Microsoft, UW, NA, Deutsche Bank, Starbucks, Deutsche, Bank of America, of America, JPMorgan Locations: destocking, Mexico, Wells Fargo, China, OW, Aptiv
Canada beats Jamaica to clinch Olympic spot
  + stars: | 2023-09-27 | by ( Steve Keating | ) www.reuters.com   time to read: +2 min
TORONTO, Sept 26 (Reuters) - Canada will get the chance to defend their Olympic women's soccer gold medal after clinching a spot at next year's Paris Summer Games on Tuesday after a 2-1 win over Jamaica. "This team is better when they're going after something and ultimately we are going after putting the wrong right of that World Cup." Qualifying for the Olympics provided a small measure of redemption after a bitterly disappointing performance at the Women's World Cup, where Canada failed to advance out of the group stage. "To go and get on the podium again, and you've just seen at the World Cup, it is going to be harder than it has ever been." A Jordyn Huitema header five minutes into the second half put Canada ahead, sparking celebrations that continued until the final whistle.
Persons: Bev Priestman, Priestman, we've, you've, Drew Spence's, Sheridan, Ashley Lawrence, Rebecca Spencer, Cloe Lacasse, Adriana Leon's, Steve Keating, Peter Rutherford Organizations: Olympic, Kingston, Paris, CONCACAF, Olympics, Canada, Thomson Locations: Canada, Jamaica, United States, Paris, Toronto
With Jamaica on the ropes following a 2-0 defeat in Kingston, Olympic champions Canada return home for the second leg in control of their own destiny but coach Bev Priestman warned her players not to get complacent. I am demanding that we do that again, that we don't take our foot off the gas and we're only going one way," Priestman said on Monday following a Canada team practice. The CONCACAF region will have two spots in the 12 team Olympic tournament and with the United States having already secured one of those places, Canada or Jamaica will grab the other. "Let's be honest, Jamaica will do anything to get to an Olympic Games and we've got to match that and more," said Priestman. "We need the fans to be there right to the very end, that's going to be critical."
Persons: Asanka Brendon Ratnayake, Bev Priestman, Priestman, Nichelle, Adriana Leon, we've, Steve Keating, Pritha Sarkar Organizations: Soccer Football, FIFA, REUTERS, Rights, Olympic, Canada, CONCACAF, United, Paris, BMO, France, Panama, Thomson Locations: New Zealand, Canada, Melbourne, Australia, Jamaica, Kingston, United States, Brazil, Toronto
But something less talked about is burnout among managers — that's our big story today. "It impacts your attention, impacts your judgment, impacts your memory, impacts your decision-making ability. I spoke with multiple experts about signs that your manager is burnt out:AdvertisementAdvertisementFear. "It's important to realize that every manager has a manager," Sood said. Multiple "corporate goths" spoke with Insider about the importance of being true to themselves, even in the office.
Persons: , Violeta Stoimenova, Amit Sood, Bonita Eby, Eby, Sood, Eufrosina Young, Arantza Pena Popo, Millennials, Jordan Hart, who's, Gen Zers, Coco Gauff poes, Frey, Kevin Mazur, MTV Dunkin, bev, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Customs, MTV, Spice Locations: Wall, Silicon, Disney, Eyeliner, . Massachusetts , Minnesota, Hawaii, Georgia, New York City, San Diego, London, New York
Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's standing by its overweight rating after Apple's iPhone event Tuesday. F (Buy) earnings more resilient than appreciated driven by Pro business." Morgan Stanley reiterates Darden as overweight Morgan Stanley said it's bullish heading into the owner of Red Lobster's earnings next week. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's standing by its recent upgrade of the stock despite investor pushback. TD Cowen reiterates FedEx as outperform TD Cowen said it's cautiously optimistic heading into FedEx earnings next week.
Persons: Morgan Stanley, Apple, it's, BEV, Darden, Red, Commerce Max, Tesla, pushback, Michael Kors, Guggenheim, TD Cowen, Hershey, Cowen, Bernstein, Roth, Roth MKM, BTIG, Lennar, F3Q, Needham Organizations: JPMorgan, UBS, Ford, General Motors, Pro, Citi, Commerce, JPMorgan downgrades Oracle, WWE, UFC, Holdings, NYSE, Microsoft, FedEx, " Bank of America, Garden Entertainment, Bank of America, YouTube Locations: China, Capri, Lennar, GOOGL
BMW CEO Oliver Zipse speaks during the presentation of the new BMW "New Class" during an event ahead of the IAA motor show in Munich. Europe's dominant position in the automotive sector was established over many decades through its capacity to build superior combustion engines. The German behemoth has already created automotive software company CARIAD, as well as partnering with Chinese EV startup Xpeng, joint venture partner SAIC and autonomous driving company Horizon Robotics. watch nowHe added that Volkswagen has established "huge cost initiatives" and sees big opportunities to scale up its EV production while reducing battery production costs by 50%. Our electricity costs compared to China or North America are too high," Skoda CEO Klaus Zellmer told CNBC on Monday.
Persons: Oliver Zipse, Christophe Périllat, Luca De Meo, Ampere, De Meo, CNBC's Annette Weisbach, Oliver Blume, " Blume, Blume, Klaus Zellmer, Joe Biden's, BEV, Zellmer Organizations: BMW, IAA, Getty, CNBC, Volkswagen, Renault, IAA Mobility, SAIC, Horizon Robotics, Volkswagen Group, CRU Group, Skoda Locations: Munich, China, Europe, North America, U.S, Canada, Spain, Germany
If oil vanished today, these and many other vital products and services that use oil or its derivatives would vanish too. The World Energy Report for 2022, published by the UK-based Energy Institute and consulting firms KPMG and Kearney, noted that fossil fuels constituted 82% of global energy in 2022. This is comparable to OPEC's latest world oil outlook and represents a similar level to 30 years ago. The bottom line is that it is possible to invest heavily in renewables while continuing to produce the oil the world needs today and in the coming decades. Similarly, in the EU, vehicles using petrol or diesel still accounted for around half of all car sales in 2022.
Persons: BEV, BEVS Organizations: Transportation, Energy, Energy Institute, KPMG, Kearney, Toyota Prius, U.S . National Automobile Dealers Association, EU Locations: U.S, China, Paris
More shoppers are choosing electric vehicles so far this year than ever, according to vehicle sales data from Cox Automotive. While EV sales have been growing healthily for the past couple of years, that trend has accelerated this year. The electric vehicle market is entering into a transition period, she said. The average electric vehicle price in July was $53,469, according to Kelley Blue Book, versus an average price of $48,334 across all vehicles. But the number of charging stations still lags behind what is needed to support a wider-scale adoption of electric vehicles.
Persons: Cox, That’s, , Stephanie Valdez, Streaty, Chevrolet Bolt, Rivian, BEV, “ We’ve, ” Valdez, Price, Kelley, Organizations: Cox Automotive, EV, Streaty, CNN, Alliance for Automotive Innovation, Tesla, Volkswagen, Valdez, US Energy, Ford, EV considerers, US Department of Energy, Alliance, Automotive, Quarterly, California Energy Commission, AAI, District of Columbia, California Air Resources Board Locations: Valdez, California
Now Chinese automakers' next move is to capitalize on exports, a recent Morgan Stanley note said. But some of that car-buying demand in China starting to wane, according to an August 17 note from Morgan Stanley. "We're still growing our market share in China," Tesla SVP of automotive Tom Zhu said at the firm's Investor Day in March. But while early cuts might have sparked demand, Morgan Stanley analysts called "Tesla's further promotional activity of particular concern." Chinese companies are forging ahead elsewhere while domestic demand easesThird, this just means that the Chinese companies will continue their push across the globe.
Persons: Tesla, Morgan Stanley, NEVs, Ford, Jim Farley, BEV, John Lawler, Tom Zhu Organizations: EV, Morning, Tesla, Ford, GM, Automobility, Deutsche Bank, KPMG — Locations: China, Europe
Tesla and automakers in China have found ease and success in having fewer options. Car buyers like having options — but as the Tesla and Chinese automakers continue to find success in electric vehicles, old-guard automakers would do well to force buyers to compromise. Elon Musk's automaker has pared down the build options it gives customers to fewer color options and interior choices, limited trims, and many features that simply come standard. The lack of build complexity has been an advantage for Tesla, startup EV makers, and Chinese competitors, experts say. "A number of the traditional players have initiatives underway to benchmark the build complexity of their start-up competitors."
Persons: Elon, Brian Irwin, Alvarez, Irwin, Ford, Jim Farley, Farley, Mary Barra, Barra Organizations: Morning, Tesla, Elon Musk's, GM, Ford, Benz, Subaru Locations: China, Detroit, Germany
Nikola recalls 209 Class 8 battery-electric trucks
  + stars: | 2023-08-12 | by ( ) www.reuters.com   time to read: +1 min
Logo of U.S. truckmaker Nikola is pictured at the IAA Transportation fair in Hanover, Germany, September 19, 2022. REUTERS/Fabian Bimmer/File PhotoCompanies Nikola Corp FollowAug 11 (Reuters) - Nikola (NKLA.O) on Friday said it is recalling about 209 of its Class 8 Tre battery-electric vehicles (BEVs) as a precautionary measure. Nikola is currently in the process of filing this voluntary recall with the National Highway Traffic Safety Administration (NHTSA) and is placing a temporary hold on new BEV sales until a resolution is in place, the company said. The company said in a statement that a third-party investigator had found a coolant leak inside a single battery pack to be the probable cause of a truck fire at the company's headquarters in Phoenix, Arizona, on June 23, 2023. Reporting by Shubhendu Deshmukh in Bengaluru; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.
Persons: Nikola, Fabian Bimmer, BEV, Shubhendu Deshmukh, Sandra Maler Organizations: IAA Transportation, REUTERS, Companies Nikola, National, Traffic Safety Administration, Thomson Locations: Hanover, Germany, Phoenix , Arizona, Bengaluru
Vietnam's electric vehicle market appears poised for rapid expansion in the next decade, but there could be significant headwinds blunting that growth. According to BMI Research, a Fitch Solutions research unit, passenger EV sales in the country is expected to at least double this year. "In 2023, we expect passenger EV sales to expand by 114.8% year-on-year to reach around 18,000 units," said BMI's report published Thursday. Specifically, sales for battery electric vehicle (BEV) could surge by 104.4% compared to the previous year to nearly 17,000 units, the report said. The penetration rate for passenger EVs — defined as passenger EV sales as a percentage of the country's total passenger vehicle sales — is set to increase to 13.6% by 2030.
Persons: BEV Organizations: BMI Research, Fitch Solutions, Vietnam Automobile Manufacturers Association, Electric Locations: Vietnam, That's
MELBOURNE, Australia, July 31 (Reuters) - Canada's Olympic champions are heading home from the Women's World Cup stunned and heartbroken - and still without a medal in the tournament from eight appearances. Canada are the first Olympic champions to be eliminated in the group stage of the next World Cup. Canada have won medals in their last three Olympics, but their best World Cup finish is fourth in 2003 - Sinclair's debut - in a puzzling lack of results at this tournament. With numerous underdogs performing well at this World Cup, it seems the world is catching up with North America and Europe, who have long dominated the women's game. Monday also marked the final Canadian game for 35-year-old Sophie Schmidt, who announced she would retire after this, her fifth World Cup.
Persons: Christine Sinclair, Sinclair, Bev Priestman, I've, Priestman, Katie McCabe's, Sam Kerr, Sophie Schmidt, Lori Ewing, Christian Radnedge Organizations: Australia, Down, Olympic, Canadians, Nigeria, Ireland, Aussie, North, Thomson Locations: MELBOURNE, Australia, Tokyo, Canada, Perth, Melbourne, France, Canadians, North America, Europe
Australia crush Canada 4-0 to reach World Cup knockouts
  + stars: | 2023-07-31 | by ( Ian Ransom | ) www.reuters.com   time to read: +3 min
MELBOURNE, July 31 (Reuters) - Hayley Raso scored a first half brace and Mary Fowler struck after the break as Australia crushed Canada 4-0 on Monday to storm into the last 16 of the Women's World Cup and send the Olympic champions spinning out of the tournament. Australia topped Group B on six points, one ahead of Nigeria, who also advanced after a 0-0 draw against Ireland. They almost made it 2-0 minutes later, but Raso's shot was well saved by goalkeeper Kailen Sheridan. It scarcely mattered as five minutes later, Raso was celebrating her second strike after Sheridan failed to clear the ball from a set-piece. But another Australian raid minutes later ended with Fowler slotting in a cross from Caitlin Foord to blow out the lead.
Persons: Hayley Raso, Mary Fowler, Raso, Sam Kerr, Fowler, Steph Catley, Kerr, Canada's talismanic, Christine Sinclair, Bev Priestman, Kailen Sheridan, Sheridan, Sophie Schmidt, Caitlin Foord, Jessie Fleming clattered, Katrina Gorry, Ian Ransom, Christian Radnedge Organizations: MELBOURNE, Olympic, Melbourne, Australia, Ireland, Raso, Thomson Locations: Australia, Canada, Denmark, Nigeria, Melbourne
"You're coming into a very difficult group (B at the World Cup). And I think that's the difference ... it's belief and pressure for me." FINAL APPEARANCEMonday marked the final appearance for Sophie Schmidt, who said she will retire after this, her fifth World Cup. Canada's 40-year-old talisman Christine Sinclair, the world's leading international scorer with 190 goals, was never a threat and substituted at the break for what was likely her final World Cup appearance. Priestman believes Canada can learn and grow from their disappointing World Cup performance.
Persons: Bev Priestman, I'm, Priestman, you've, Australia's Hayley Raso, I've, Sophie Schmidt, Christine Sinclair, Christine Sinclair's, that's, Lori Ewing, Ken Ferris Organizations: MELBOURNE, Melbourne, Olympic, Nigeria, Ireland, Australia, Thomson Locations: Tokyo, Canada, Australia
PERTH, July 26 (Reuters) - Canada's ability to come back and beat Ireland 2-1 on Wednesday could prove to be the pivotal moment for the Olympic champions in their Women's World Cup campaign, coach Bev Priestman said. "I said at the end, 'It can be the making of us,'" Priestman told a press conference. The character, the quality, the experience that came about in the second half, that's the type of performance that we need." "Listen, Sophie Schmidt, Christine Sinclair, I thought their quality when we really needed it, they just allowed us to keep the ball in building," Priestman said. A goal in this tournament would make Sinclair the first player to score at six World Cups.
Persons: Bev Priestman, Priestman, we've, it's, Katie McCabe, Megan Connolly, Adriana Leon, Christine Sinclair, Sophie Schmidt, Sinclair, gingerly, Lori Ewing, Christian Radnedge Organizations: PERTH, Ireland, Olympic, Nigeria, Canada, Australia, Thomson Locations: Canada, Perth, British, Melbourne
Carmaker Stellantis on Wednesday posted a 12% year-on-year jump in net revenues and 37% spike in net profit for the first half of 2023, boosted by higher shipments. The manufacturer of Jeep, Dodge, Peugeot and other brands recorded second-quarter net revenues of 98.4 billion euros ($108.8 billion) and a net profit of 10.9 billion euros. The company confirmed its 2023 guidance while raising its growth outlook in Europe and the Middle East & Africa from 5% to 7%. Global battery electric vehicle (BEV) and low emission vehicle (LEV) sales were up 24% and 28% year-on-year to 169,000 units and 315,000 units, respectively. "It takes a united effort and open mindset across all our employees to embark on our no-compromise transformation journey while protecting the Company from external challenges."
Persons: Carmaker Stellantis, BEV, Stellantis, Carlos Tavares Organizations: Dodge, Peugeot, Fiat Chrysler, France's PSA Group, Global Locations: Europe, East, Africa, American
The next stretch of games in the Women’s World Cup will see several favorites to win the tournament look to build some momentum — or, in Canada’s case, find some — and display the dominance for which they’re known. Spain, which cruised in its opener, will look to repeat the feat just like Japan did on Wednesday in its win over Costa Rica, 2-0. Spain opened the World Cup in impressive style against Costa Rica. “We weren’t always clicking on the field,” the United States co-captain Alex Morgan said this week. And therein lies the problem facing the United States: that sturdiness, discipline and organization will be tough to break down.
Persons: Hazel Nali, Catherine Musonda, doesn’t bode, Alexia Putellas, Christine Sinclair, , Bev Priestman, , m. E Organizations: Nigeria, Ireland, New Zealand, Vietnam, Ireland Ireland, Australia, Canada, , Japan, Costa Rica Japan’s, Zambia Locations: Canada, Spain, Japan, Costa Rica, New, United States, Zambia, Australia, Ireland, JAPAN
New York CNN —Stellantis and Samsung SDI announced plans Monday for another EV battery plant joint venture to open in 2027. Four major EV battery plants have opened in recent years and 19 more are planned with Monday’s announcement, according to the UAW. An aerial view of the Stellantis and Samsung Battery Plant construction site in Kokomo, Indiana. Those talks will have to be focused on the wages and benefits for the current UAW members. By comparison, UAW members with top seniority at a Big Three factory get $32.32 an hour, plus an annual bonus and profit sharing.
Persons: New York CNN — Stellantis, Shawn Fain, Stellantis, BEV, Kent Nishimura, , it’s, Fain, He’s, , ” Stellantis Organizations: New, New York CNN, Samsung SDI, United Auto Workers, Stellantis, Jeep, Dodge, Chrysler, General Motors, Ford, UAW, don’t, GM, Fiat Chrysler, PSA Group, Peugeot, Opel, Vauxhall, Samsung Battery, Los Angeles Times, Samsung, Big, LG, SK, CNN, ICE Locations: New York, United States, Europe, Kokomo , Indiana, Warren Ohio, Korean, Kokomo
Women’s World Cup: Canada Ties Nigeria, but Laments Missed Penalty Switzerland beat the Philippines, which was making its World Cup debut. Credit... Robert Cianflone/Getty Images Not much of what led to this World Cup has gone the way Canada’s women’s team might have wanted. What he and Horan do know, however, is that the world of women’s soccer has changed since the United States thumped Thailand, 13-0, at the last World Cup. The first two World Cup debutantes to take the field, Ireland and the Philippines, both lost, but in close games. injuries are keeping some big stars off the Women’s World Cup stage.
Persons: Alessandra Tarantino, Costa Rica Catherine Ivill, Wellington , New Zealand Catherine Ivill, Morgan Hancock, Nigeria Izhar, Hannah Mckay, Philippines Lars Baron, Abbie Parr, Associated Press Team England Dan Peled, Reuters Team Denmark Luisa Gonzalez, Reuters Manhattan Michael M, del Campo, Aitana Bonmati, Esther Gonzalez, Switzerland Ramona Bachmann, Seraina Piubel, Canada’s Julia Grosso, Nigeria’s Michelle Alozie, Robert Cianflone, Asisat Oshoala, Christine Sinclair, Deborah Ajibola Abiodun, Chiamaka Nnadozie, Sinclair, Bev Priestman, “ Christine Sinclair, ” Priestman, Sam Kerr, Ramona Bachmann, Sanka, A.R., e Parr, Amer, “it, tol, conn, abou, S., ike, orr, C., Viv Organizations: Canada Ties Nigeria, Associated Press, Getty, Canada, Shutterstock Canada, Agence France, Reuters, U.S.A, Associated Press Team England, Reuters Team Denmark, Reuters Manhattan, Credit, Barcelona, Ireland, emi, erc Locations: Philippines, Spain, Costa Rica, Switzerland, Associated Press Spain, Wellington , New Zealand, Nigeria, Nigeria Izhar Khan, Reuters Switzerland, Costa, Canada Canada, Australia, Melbourne, Canada, Norway, Ireland, nsw, hol
CNN —The Women’s World Cup is finally here and the tournament’s second day of action holds plenty of intriguing storylines. Olympic champion Canada kicks off its campaign in the opening game of Friday’s action, before one of the Women’s World Cup debutants – the Philippines – make its bow at the worldwide event. Nigeria vs. CanadaCanada is considered one of the favorites to compete for the Women’s World Cup title in Australia and New Zealand following its recent success. I know being in the World Cup is going to bring a lot of awareness. From 1995 onwards, only three World Cup debutants have won their opening match at a World Cup.
Persons: La Roja, Christine Sinclair, Adriana Leon, Allysha Chapman, Kadeisha Buchanan, Shelina Zadorsky, Ashley Lawrence, Sinclair, Julie Ertz, Jack GruberUSA, Bev Priestman, ” Priestman, , Sarina Bolden, Bolden, ” Bolden, , Jason McCawley, Alisha Lehmann, Inka Grings, ” Lehmann, , Alexia Putellas, Jennifer Hermoso, Putellas –, Juan Manuel Serrano Arce, Raquel Rodríguez Cedeño Organizations: CNN, Canada, La, . Canada, Sinclair, Olympic Games, Olympics, FIFA, Super Falcons, Republic of Ireland, Dunedin, , soccer team, Western Sydney Wanderers, Western United, New, , Wellington Regional, Women’s Champions League, Portland Thorns Locations: Philippines, Costa Rica, Qatar, Nigeria, Canada, Melbourne, Switzerland, Dunedin, Wellington, Spain, . Canada Canada, Australia, New Zealand, Tokyo, Sweden, Republic of, Zealand, Norway, Ecuador, ” Spain, Barcelona, Panama
[1/2] The BYD Atto 3 EV car is displayed at the 39 Thailand International Motor Expo, in Bangkok, Thailand, November 30, 2022. Siam Motors is in talks with several Chinese automakers about potential partnerships, particularly for high-end electric vehicles, vice president Sebastien Dupuy said in an interview, referring to previously unreported discussions. Thailand is Southeast Asia's largest car producer and exporter, and its second-largest sales market after Indonesia. Japanese automakers are so dominant that for decades they have treated it almost as an extension of their home market. Thailand's pitch to Chinese EV makers has been its existing supply base – built largely for Japanese automakers – and readiness to provide incentives.
Persons: Athit, Sebastien Dupuy, Pasit Chantharojwong, Wall's Ora, Tesla, Isuzu, Hajime Yamamoto, Yamamoto, Goldman Sachs, General Narit Therdsteerasukdi, Narong Sritalayon, BEV, Chayut, Daniel Leussink, Kevin Krolicki, Jamie Freed Organizations: REUTERS, Siam Motors, Nissan Motors, EV, Reuters Graphics CHINA, JAPAN, Toyota Corolla, China's SAIC, Toyota, Honda, Nomura Research, Reuters, Thailand's, of Investment, Wall, Thomson Locations: Thailand, Bangkok, Thailand BANGKOK, Siam, BYD, China, Thai, Southeast, Indonesia, Japan, Europe, JAPAN Bangkok, Tokyo
It has plans to move all its future products onto four new BEV platforms, STLA Small, Medium, Large and Frame, starting with STLA Medium from Europe this year. The STLA Medium platform will support several propulsion configurations; in full electric configuration it will feature a standard range of over 500 kilometres, which can be raised to up to 700 kilometres with a 'performance pack'. "BEV is the focus of the design of this platform," Tavares said. Stellantis said it currently offered 26 models in the market segments which will be served by the STLA Medium platform. Aimed at the mid-sized cars, the STLA Medium platform will be the base for up to two million Stellantis vehicles a year, built in several plants across the world, the Italian-French group said in a statement.
Persons: BEV, Carlos Tavares, Stellantis, Tavares, Ram, Alfa Romeo, Giulio Piovaccari, Keith Weir Organizations: MILAN, Wednesday, Fiat Chrysler, Peugeot, PSA, Citroen, Opel, Thomson Locations: Europe, France, Italy, Germany, North America, Italian
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