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The Beleaguered History of SolarCity and How It Became Tesla Energy businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.
Kristen Lee/Business Insider According to Experian, the quality of auto credit is riding high. That s setting up the US auto market for a robust recovery from the COVID-19 pandemic. But experts are still concerned about affordability as the average new-car price climbs. The US auto market is defying expectations. Last year looked as though it could have been an unmitigated disaster, with all of the country s vehicle manufacturing idled for two months in the late winter and early spring and consumers trapped at home and economically pummeled by pandemic shutdowns. But the year finished on a relatively high note after production restarted and dealers began doing business again. The 2020 sales totals were down substantially from the previous few years record- or near-record levels more than 17 million new cars and light trucks but the roughly 14.5 million vehicles that did sell saved the year. ....
Tim Cook Hints at Apple Electric Car Project businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.
Qualcomm Nakul Duggal is Senior Vice President and General Manager, Automotive, for Qualcomm. He s been with the tech firm since 1995. Qualcomm s auto business has been operating for seven years but dates back decades. Qualcomm is hardly an obscure name in the technology industry, but its automotive ambitions have for over a decade been something of a secret. That s changing as cars become more like rolling computers, but Qualcomm remains a force behind the scenes. The San Diego-based company is legendary for its telecommunications and semiconductors business, but it has also supported a stand-alone automotive practice for seven years and has a history with transportation that goes back almost two decades. ....
This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Discussions between big automakers and Apple have broken down. If Apple is serious about a car, it could turn to Magna or Foxconn. Experts told Insider that Apple would be foolish to go it alone with anything as difficult as a car. As discussions between several traditional automakers and Apple have reportedly fizzled, industry experts think that the on-again-off-again Apple Car project could rely on a contract manufacturer to do the heavy lifting. That actually makes far more sense than Project Titan, as the effort has been codenamed, being an in-house undertaking for Cupertino. ....