and there are 20 points that you can fast charge on. and there are 20 points that you can fast charge om and there are 20 points that you can fast charge on. they are years ahead ofthe fast charge on. they are years ahead of the curve fast charge on. they are years ahead of the curve on fast charge on. they are years ahead of the curve on us fast charge on. they are years ahead of the curve on us on fast charge on. they are years ahead of the curve on us on bike fast charge on. they are years ahead of the curve on us on bike lanes, - of the curve on us on bike lanes, for example, aren t they? exactly and i for example, aren t they? exactly and i think for example, aren t they? exactly and i think this for example, aren t they? exactly and i think this is for example, aren t they? exactly and i think this is the for example, aren t they? exactly and i think this is the same. - for example, aren t they? exactly and i think this is the same. i - and i think this is the s
supply chain, the infrastructure and everything that comes with supporting this electric industry. find that comes with supporting this electric industry. electric industry. and do you think that electric industry. and do you think that this electric industry. and do you think that this big electric industry. and do you think that this big plan - electric industry. and do you think that this big plan is - think that this big plan is going to be presented today, they have a big conference and event later today, they are pitching it to all parties. obviously we have a general election fairly soon. as the industry in the uk saying we need a comprehensive strategy backed by government because we are at a make or break moment in the uk for the car sector? absolutely. in the industry really is calling for something like this for a while because we have seen it in the eu, seen it in the us most recently with the inflation reduction act and a lot of support therefore investment in evs,
issues about the uk s part in european supply chains as well so it s notjust about electric vehicles, it s about the entire european supply chain and whether the uk is properly involved in that. two sentences if you could, how likely is a deal, a renegotiated deal on this, do you think? in this area it looks deal on this, do you think? in this area it looks like deal on this, do you think? in this area it looks like we deal on this, do you think? in this area it looks like we will- deal on this, do you think? in this area it looks like we will get - deal on this, do you think? in this area it looks like we will get a - deal on this, do you think? in this| area it looks like we will get a uk- area it looks like we will get a uk eu extension at least for awhile, that s what the car makers on both sides want but there are other problems with the uk car sector the moment. ., ~ , ., ., moment. david henig, thank you for bein: so moment. david henig, thank you for being so brief mome
profit margins on each car sold have gotten smaller. staying with the car sector because jaguar land rover is investing $19 billion to ramp up its ev production. the investment will be made over the course of five years and the plan includes turning the plant in the uk into an all electric manufacturing facility. the british luxury car maker is also planning for a new all electric range rover that will be due in 2025. it is owned by india s company. a major chipmaker asml has reported its third quarter earnings, and posted a jump third quarter earnings, and posted ajump in third quarter earnings, and posted a jump in profits, beating analyst expectations. it is also due to report its results later today and be watching if there are any signs of recovery they are. after enjoying a boom during the covid 19 lockdown enjoying a boom during the covid 19lockdown period, the semiconductor company warned of a gloomy outlook late last year but as our asia business
let s stay with the car sector because jaguar land rover is investing some $19 billion to ramp up its ev production. the investment will be made over the course of five years and the plan includes turning the halewood plant in the uk into an all electric manufacturing facility. the british luxury car maker is also planning for a new all electric range rover that will be due in 2025. jaguar land rover is owned by india s tata motors. now, major chip maker asml has reported its first quarter earnings and posted a three three fold jump in net profit and beating analysts expectations. taiwan s tsmc is also due to report its quarterly earnings later today, and we ll be watching to see if there are any signs of recovery there after enjoying a boom during the covid 19 lockdown period. semiconductor companies warned of a gloomier outlook