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Smart Fortwo sales growth in the US has not been impressive, even though demand is decent in some European countries. China is a prospective market for Fortwo g... View More
Smart Fortwo sales growth in the US has not been impressive, even though demand is decent in some European countries. China is a prospective market for Fortwo given the preference for small cars. Smart should also be able to compete with the local Chinese brands if priced appropriately and has the potential to win a reasonable market share thanks to innovative design and strong marketing - Aman Madhok
(Source: CNBC)
Cobalt supplies will remain a constraint for the next few years but will ease gradually as leading EV companies such as Tesla and GM move away from cobalt and a... View More
Cobalt supplies will remain a constraint for the next few years but will ease gradually as leading EV companies such as Tesla and GM move away from cobalt and add nickel to EV batteries. While limited cobalt supplies can limit EV growth in the near term, it will have limited long term implications - Aman Madhok
(Source: Market Watch)
Xiaopeng Motors is a promising start-up but has a long way to go before making an impact. The company will face stiff competition both from domestic EV makers a... View More
Xiaopeng Motors is a promising start-up but has a long way to go before making an impact. The company will face stiff competition both from domestic EV makers and Tesla’s entry into China; Chinese customers’ preference for western brands will likely benefit Tesla in China – assuming no impact from trade sanctions. Xiaopeng Motors must create a USP to compete against existing premium EV brands in China. Xiaopeng has identified R&D as a key focus area with around 700 employees in this department. One to watch - Aman Madhok
(Source: South China Morning Post)
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