ASEAN forecast down, cloudy EU truck and LV outlook, managing EV fleets – the week
Our weekly review of features, interviews and news
23 October 2023
23 October 2023
Our weekly review of features, interviews and news
Investment of $500m expected with PIF taking a 70% stake and Hyundai 30%
Amazon’s 10,000 milestone comes after Rivian raised its production forecast
All Toyota and Lexus EV models sold in North America from 2025 will have NACS connections
Project could produce enough battery materials to support the production of 800,000 EVs per year
Set to begin in early 2026
The role of robotics is less sure-footed in the foodservice sector. Automating kitchens and meal service is less easily done with robots than automating warehouses and production lines, although this hasn’t deterred start-ups’ efforts to automate burger flipping and meal delivery with robots and drones. Robots improve profitability in the long term but have high up-front costs, so investing in robotics is not without risks.
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