15 min
Super Capacity EV Batteries, Reinstating the Frontline Retailer, Chatbot Drive Thru The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
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- Business
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Welcome to Tuesday as we talk about Toyota’s revealing of future EV battery tech. We also talk about Nike’s pivot back to front line retailers, as well as Chatbot Drive Thru woes.
Amidst a turbulent season following its annual shareholder meeting, Toyota drops some details on its upcoming battery technology, outlining its plan to become a leader in the EV space. The carmaker plans to launch new battery technology and refine its production system for efficient manufacturing.Toyota revealed its plan to develop solid-state batteries for electric vehicles capable of as much as 900 miles range, as well as software systems that update automatically.The company outlined five new batteries that will debut by the end of the decade, starting with a next-generation lithium-ion power pack to be released in 2026. Later versions will include bipolar lithium iron phosphate batteries and nickel-based bipolar lithium-ion batteries, as well as two all-solid-state batteries.New aerodynamics for its next-generation EVs using technology from (literal) rocket science. They had strategized a cutting off of front line retailers and going direct to consumer instead. Now, Nike is reversing course and reintroducing wholesale partners back into the business model. This decision comes after Nike significantly reduced its number of retail partners in 2017 to better focus on direct-to-consumer (DTC) sales, even cutting ties with companies such as DSW, Big 5 Sporting Goods, Dunham’s Sports, Urban Outfitters, Dillard’s, and Zappos.Nike is acknowleging the importance of providing multi-channel options for customers and the potential loss of customers due to withdrawing from retail channels.Nike is also working on improving its relationship with Foot Locker, with plans to expand their Nike business in 2024.
If AI is going to dominate humanity, it will first need to learn how to take an order for a burger and fries correctly. This is already being tested in various fast food drive-throughs, with mixed reviews:Major fast food chains like White Castle, McDonald’s, Wendy’s and Dunkin’ are testing AI chatbots to take orders at drive-throughs. While these AI systems are designed to streamline operations and reduce workload, customers have had varied responses to the techWhite Castles new bot, Julie, is prompt and polite. Even so, 3 out of 10 customers chose to move to a human order taker after things didn’t go so wellMichael Guinan, White Castle’s vice president of operations services said about the new tech, "Unlike a human, chatbots are never shy about selling more, nor do they need a break or get distracted by other business."John Lewis, a retired carpenter from nearby Lowell had to repeat his order for onion rings several times called the system “A pain in the butt”Hosts: Paul J Daly and Kyle Mountsier
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Read our most recent email at: https://www.asotu.com/media/push-back-email
Shoot us a Text.
Welcome to Tuesday as we talk about Toyota’s revealing of future EV battery tech. We also talk about Nike’s pivot back to front line retailers, as well as Chatbot Drive Thru woes.
Amidst a turbulent season following its annual shareholder meeting, Toyota drops some details on its upcoming battery technology, outlining its plan to become a leader in the EV space. The carmaker plans to launch new battery technology and refine its production system for efficient manufacturing.Toyota revealed its plan to develop solid-state batteries for electric vehicles capable of as much as 900 miles range, as well as software systems that update automatically.The company outlined five new batteries that will debut by the end of the decade, starting with a next-generation lithium-ion power pack to be released in 2026. Later versions will include bipolar lithium iron phosphate batteries and nickel-based bipolar lithium-ion batteries, as well as two all-solid-state batteries.New aerodynamics for its next-generation EVs using technology from (literal) rocket science. They had strategized a cutting off of front line retailers and going direct to consumer instead. Now, Nike is reversing course and reintroducing wholesale partners back into the business model. This decision comes after Nike significantly reduced its number of retail partners in 2017 to better focus on direct-to-consumer (DTC) sales, even cutting ties with companies such as DSW, Big 5 Sporting Goods, Dunham’s Sports, Urban Outfitters, Dillard’s, and Zappos.Nike is acknowleging the importance of providing multi-channel options for customers and the potential loss of customers due to withdrawing from retail channels.Nike is also working on improving its relationship with Foot Locker, with plans to expand their Nike business in 2024.
If AI is going to dominate humanity, it will first need to learn how to take an order for a burger and fries correctly. This is already being tested in various fast food drive-throughs, with mixed reviews:Major fast food chains like White Castle, McDonald’s, Wendy’s and Dunkin’ are testing AI chatbots to take orders at drive-throughs. While these AI systems are designed to streamline operations and reduce workload, customers have had varied responses to the techWhite Castles new bot, Julie, is prompt and polite. Even so, 3 out of 10 customers chose to move to a human order taker after things didn’t go so wellMichael Guinan, White Castle’s vice president of operations services said about the new tech, "Unlike a human, chatbots are never shy about selling more, nor do they need a break or get distracted by other business."John Lewis, a retired carpenter from nearby Lowell had to repeat his order for onion rings several times called the system “A pain in the butt”Hosts: Paul J Daly and Kyle Mountsier
Get the Daily Push Back email at https://www.asotu.com/
JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/
Read our most recent email at: https://www.asotu.com/media/push-back-email
15 min