9 min
Profitable Stellantis EVs, GM Back to Office, Elon’s Schematics The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
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- Business
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Thursday is upon us as company Christmas parties seem to be in full swing across the country! Today we look into a surprising new development in the profitability of Stellantis’ EV unit, GM bringing employees back to the office, and Tesla calling their shots with a little letter to other OEMs.
Show Notes with links:
Stellantis CEO Carlos Tavares announced the company's EVs were profitable in the U.S. and Europe, having closed the gap with internal combustion engines. Tavares emphasized the necessity of sharp cost management to maintain profitable and affordable pricing for middle-class consumers.Tavares also noted the gap in profit between EV and ICE is closing more quickly in Europe because they started there sooner. The company will be expanding its EV lineup, planning over 75 models globally by 2030, with a focus on models like the Ram ProMaster van and Jeep Recon in the U.S.A recent partnership with Chinese EV maker Leapmotor aimed to bring cost-competitive electric models to European markets.Tavares also noted that Stellantis is "fighting head-on" with Tesla in Europe while CFO Natalie Knight said Stellantis is now Europe's No. 2 EV seller, beating out Tesla
General Motors (GM) has ended its flexible "Work Appropriately" policy, mandating office presence for three days weekly. This shift marks a significant change from the pandemic-era approach.GM CEO Mary Barra announced the end of the flexible remote work policy, requiring staff within 50 miles of a GM office to attend in person Tuesday to Thursday.The policy, effective January 8, 2024, aims to meet critical business needs and maintain company culture.GM initially allowed department-specific policies due to staff pushback but has now joined other firms in tightening remote work options.
Tesla is distributing a free guide on 48-volt architecture to other car company CEOs, challenging them to enhance their electric vehicle (EV) manufacturing processes.This guide details the implementation of 48-volt systems, key for advanced features like "steer-by-wire" 4-wheel steering, marking a significant leap from traditional 12-volt systems.Tesla's move democratizes knowledge in the EV industry, typically characterized by closely-guarded technological secrets, fostering a more collaborative environment.Jim Farley tweeted in reply to the news: “They weren’t joking. We received the document today, dated Dec.5th. Thanks Elon Musk. Great for the industry!”
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
Shoot us a Text.
Thursday is upon us as company Christmas parties seem to be in full swing across the country! Today we look into a surprising new development in the profitability of Stellantis’ EV unit, GM bringing employees back to the office, and Tesla calling their shots with a little letter to other OEMs.
Show Notes with links:
Stellantis CEO Carlos Tavares announced the company's EVs were profitable in the U.S. and Europe, having closed the gap with internal combustion engines. Tavares emphasized the necessity of sharp cost management to maintain profitable and affordable pricing for middle-class consumers.Tavares also noted the gap in profit between EV and ICE is closing more quickly in Europe because they started there sooner. The company will be expanding its EV lineup, planning over 75 models globally by 2030, with a focus on models like the Ram ProMaster van and Jeep Recon in the U.S.A recent partnership with Chinese EV maker Leapmotor aimed to bring cost-competitive electric models to European markets.Tavares also noted that Stellantis is "fighting head-on" with Tesla in Europe while CFO Natalie Knight said Stellantis is now Europe's No. 2 EV seller, beating out Tesla
General Motors (GM) has ended its flexible "Work Appropriately" policy, mandating office presence for three days weekly. This shift marks a significant change from the pandemic-era approach.GM CEO Mary Barra announced the end of the flexible remote work policy, requiring staff within 50 miles of a GM office to attend in person Tuesday to Thursday.The policy, effective January 8, 2024, aims to meet critical business needs and maintain company culture.GM initially allowed department-specific policies due to staff pushback but has now joined other firms in tightening remote work options.
Tesla is distributing a free guide on 48-volt architecture to other car company CEOs, challenging them to enhance their electric vehicle (EV) manufacturing processes.This guide details the implementation of 48-volt systems, key for advanced features like "steer-by-wire" 4-wheel steering, marking a significant leap from traditional 12-volt systems.Tesla's move democratizes knowledge in the EV industry, typically characterized by closely-guarded technological secrets, fostering a more collaborative environment.Jim Farley tweeted in reply to the news: “They weren’t joking. We received the document today, dated Dec.5th. Thanks Elon Musk. Great for the industry!”
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
9 min