more than 80% up on the year before. ofjune, hitting 460,000 cars it s now well on its way to its goal of 1.8 million for 2023. the rise came after tesla cut prices in the us, uk and china, in a bid to boost sales and compete with rival manufacturers. jim holder is an automotives expert and joins me now. good to see you. it seems that cutting the price of something it means demand goes up. it is not rocket science, but it is the kind of elusive sales figures that tesla has been after for a while. absolutely. this is great news for tesla, after a very hard into last year, particularly in its new chinese market, where it has been trying to push sales. but of course, pushing prices down bush s margin is done, and i think what we are all looking for is whether they can maintain profitability now. for the car industry, that has traditionally been a huge problem. pushes margin down. it s caught everyone by surprise, but everyone is watching very closely now, but sales figures
this. is this what you were expecting? this. is this what you were meeting? this. is this what you were exectinu ? ~ , expecting? well, it did seem like the company expecting? well, it did seem like the company was - expecting? well, it did seem| like the company was coming expecting? well, it did seem i like the company was coming to the end of its road. it has been 1.5 years. the chairman was placed under investigation by mainland law enforcement authorities so it did look like the company was really struggling to come up with any kind of thing acceptable to the creditors. ., ~ , kind of thing acceptable to the creditors. . ~ , ., ., creditors. talk us through what ha ens creditors. talk us through what happens nova creditors. talk us through what happens now. for creditors. talk us through what happens now. for those - creditors. talk us through what happens now. for those that i creditors. talk us through what. happens now. for those that are owed a lot of money, wh
sun s rays. but then the white house clarified by saying there are no plans underway to establish a comprehensive research program focused on solar radiation modification. good. but not just the sun, fireworks are under attack this weekend, environmental party poopers in los angeles got their way by instituting new regulations on firework shows over the water. to get a permit shows must demonstrate how they will keep pollutantses out of the water, one company flat out refused to comply. if that is not enough, climate activists suggest using less ice in your holiday cocktail. to help save the plane planet. a lot to unpack. raymond. i understand we have droughts and wildfires, it gets ne nerve-racking with the fireworks, i understand that. and i understand chemicals from firework shows but to 2020 last time you had legislators in karine jean-pie california saying you can t do fireworks. if the l.a. regional water control board had their minds in the right place and were wor
sun s rays. but then the white house clarified by saying there are no plans underway to establish a comprehensive research program focused on solar radiation modification. good. but not just the sun, fireworks are under attack this weekend, environmental party poopers in los angeles got their way by instituting new regulations on firework shows over the water. to get a permit shows must demonstrate how they will keep pollutantses out of the water, one company flat out refused to comply. if that is not enough, climate activists suggest using less ice in your holiday cocktail. to help save the pla planet. a lot to unpack. raymond. i understand we have droughts and wildfires, it gets n nerve-racking with the fireworks, i understand that. and i understand chemicals from firework shows but to 2020 last time you had legislators in karine j california saying you can t do fireworks. if the l.a. regional water control board had their minds in the right place and were worried about
joins me now, head of autos and infrastructure at fitch solutions. good morning to you. so, this has literallyjust come out, hasn t it? what do you make of this plan? it hasn t it? what do you make of this plan? this plan? it really appears to be future this plan? it really appears to be future proofing this plan? it really appears to be future proofing the - this plan? it really appears to | be future proofing the industry for this shift to evs which is already the fastest growing segment in the market, and that brings with it big changes to the manufacturing side of the industry. we have been looking at something similar ourselves and what will be the megatrends in the industry to 2050 and one of those is automation because evs are particularly well suited by manner of having fewer parts to more automated manufacturing and it has an impact on the skill sets that are required for manufacturing. but notjust are required for manufacturing. but not just the are required fo