A quick look at some updates from the industry's move makers.
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October 3, 2023
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Ford & GM: Accusations fly about stalling EV battery plant discussions, resulting in expanded strikes.
Q3 US Vehicle Sales: Rise, but UAW strikes might hinder future growth for Detroit's big three.
Mack Trucks: Crisis averted with a tentative deal, as UAW echoes the US labor movement's goals in wage discussions.
The big three can A. Make a deal with the UAW and invest more money in their labor, or B. Avoid agreeing with the UAW and build/sell fewer cars, thus making less money to invest. Seems this conversation isn't about money since delaying could be the more costly option.
ZEEKR's West Mid-East Expansion
“Solar powered cars in the desert” Midjourney/ASOTU
New Markets: ZEEKR announces EV sales in UAE, Saudi Arabia, Qatar, and Bahrain.
Global Presence: 100,000+ EVs produced in 18 months and planning EU expansion.
Delivery News: Middle East deliveries to kick off in Q1 2024.
ICE vehicles in oil-producing regions make a ton of sense, but so do solar-backed electric cars in a place constantly bombarded by the sun.