DOCSLIB.ORG

SECOND QUARTER TRANSACTIONS REPORT 2018 Roboticsbusinessreview.Com

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
SECOND QUARTER TRANSACTIONS REPORT 2018 Roboticsbusinessreview.Com SECOND QUARTER TRANSACTIONS REPORT 2018 roboticsbusinessreview.com Are You Still Manually Sorting and Packing Orders? Sure Sort is a highly scalable, configurable and cost effective small item sorting system with excellent ROI. Sure Sort can be designed to support up to 670 sort locations in a small footprint, and requires significantly less staffing compared to traditional put walls. Sure Sort installs in a week or less. Sure Sort is ideal for small businesses looking for a cost effective entry into warehouse automation as well as large fulfillment operations looking to streamline their process. Call us today to learn more! The Old Way Up to The New Way 670 sort locations Applications • E-commerce Order Fulfillment • Return Center Processing • Pre-Sorting Inventory • Kit Building • Direct Store Delivery (DSD) • Transshipment/Cross Docking Up to • Last Mile Delivery 2,400 items per hour 305 Commerce Drive, Moorestown, NJ 08057 opex.com | 856.727.1100 TRANSACTIONS REPORT 2018 FIRST QUARTER China Evergrande led the past quarter with several large investments in automation. Source: iStock Chinese Funds Lead Q2 Automation Transactions By Jim Nash In the second quarter of 2018, China’s second-largest real-estate developer announced that it will raise a $16 billion technology investment fund over the next decade. Advanced automation hardware and software will be a major focus of the fund, created by the China Evergrande Group. At $1.59 billion per year, this commitment was the largest robotics transaction of the second quarter. And while far larger funds have been announced in the past couple of years, the importance of debt-swamped China Evergrande’s move transcends the quarter. And in a June deal, one of China Evergrande’s subsidiaries sank $860 million into Faraday Future, the troubled and previously money-starved startup developing a sleek, artificial intelligence-enhanced car, the FF91. China Evergrande pledged another $1.2 billion in two more payments, for a total of roboticsbusinessreview.com 3 TRANSACTIONS REPORT 2018 SECOND QUARTER about $2 billion. (More on this and other significant deals below.) Advanced automation’s rise to economic and cultural ubiquity ultimately may not resemble the legendary hockey-stick path, but this fund’s creation will have been found to be very close to the industry’s first real climb. That’s because, back in 2015, China’s government decided to re-align the world’s second-largest (and centrally controlled) economy. The aim of Made in China 2025, as the 10-year campaign is called, is to make the country the undisputed global leader in automation and other technologies. This focus likely will do for robotics what a previous plan out of Beijing did for global manufacturing. This move could be chalked up to simple politics. Hui Ka Yan, China Evergrande’s founder and chairman, might be showing $16 billion worth of loyalty to China’s leader, Xi Jiping. But even if that were the only reason, the new fund shows how seriously the nation’s powerful and wealthy take Xi’s priorities. Hui could just be trying to re-energize the publicly traded company. Shares of the firm have fallen by a third following a big 2017. But his choice -- automation -- indicates that even a Chinese land developer sees a lot of short- to mid-term upside with the move. ROBOTICS PART OF CHINESE DIVERSIFICATION Also in the second quarter, China Evergrande invested in another hot economic area -- healthcare. It’s small by comparison: $4 billion. Fully $4 billion will build a “Silicon Valley for health care” in Chongqing. If funding is the focus, it would seem the company sees several times more opportunity in robotics and other technology. roboticsbusinessreview.com 4 TRANSACTIONS REPORT 2018 FIRST QUARTER Still, maybe it’s just a diversification play. Like most large Asian firms, China Evergrande is involved in dozens of side bets, such as subsidiaries involving the Internet and medical cosmetology. All of the above influenced Hui, and the same is true across China. Indeed, each of the previous theories point to broader Chinese investment in robotics. The result will be accelerated growth for automation. It bears mentioning that during the first quarter, in Japan, Nikko Asset Management’s robotics equity fund hit the psychologically important 1 trillion yen, or $9.17 billion, asset benchmark. Nikkei Asian Review proclaimed that Japanese investment money is leaving the monthly dividends of investment trusts, such as those for real estate, for growth opportunities -- in this case, robotics. BIG DEALS CONTINUE ACROSS AUTOMATION Now, a summary of the quarter’s biggest deals, according to funds committed. As discussed above, China Evergrande’s announced equity fund is big whether you look at the first installment, $1.59 billion, or at the entire 10-year pledge. In one bite, the commitment would be the top robotics investment in the second quarter. The No. 2 deal, in terms of capital committed, arrived in May, when executives with the SoftBank Vision Fund said it was making a placement of $2.25 billion in GM’s autonomous-vehicle unit, GM Cruise LLC (doing business as Cruise Automation). GM itself will invest $1.1 billion in GM Cruise upon closing of the transaction, for undisclosed reasons. We looked at these deals as one $3.35 billion move. roboticsbusinessreview.com 5 TRANSACTIONS REPORT 2018 FIRST QUARTER Bloomberg in April reported that two investors -- Schneider Electric SE and Temasek Holdings Pte. -- picked up the electrical and automation unit of Indian manufacturing and construction conglomerate Larsen & Toubro Ltd. Suffering through India’s long economic trough, Larsen is lightening its load. The unit fetched $2.1 billion, including debt, making it the No. 3 transaction. Schneider will have a 74% stake. Temasek, Singapore sovereign wealth fund, gets the rest. Electric car maker Faraday Future received billions in first- round funding. Source: iStock Also mentioned above, China Evergrande’s all-in $2 billion placement in Faraday Future netted the investor a 45% stake in the U.S. electric-vehicle startup. It was the fourth-biggest investment of the quarter, and possibly the most unusually structured purchase of the year. Reuters does a good job of separating the spaghetti. Suffice it to say that China Evergrande will lend money to its subsidiary, China Evergrande Health Industry Group Ltd. On the heels of that deal was the $1.9 billion placement in April into the truck- roboticsbusinessreview.com 6 TRANSACTIONS REPORT 2018 FIRST QUARTER hailing provider Full Truck Alliance Group, more often referred to as Manbang Group. Investors included the SoftBank Vision Fund and CapitalG, Alphabet Inc.’s late- stage venture fund. The China Reform Fund, a private-equity firm owned by the Chinese government, also participated. MANUFACTURING AND SUPPLY CHAIN DEALS A $1.4 billion investment by Alibaba Group Holding Ltd. and Cainiao Network was the quarter’s No. 6 announced deal. Receiving the funding was Chinese express-courier ZTO Express Inc. ZTO is the biggest deliverer in terms of market share in China. It is experimenting broadly with automation to squeeze every possible cent and second out of its portion of an enormous and chaotic supply-chain environment. In June, Rockwell Automation said it would pay $1 billion for 8.4% of PTC, which writes code to optimize the convergence of a manufacturer’s physical and digital halves. Rockwell, maker of factory automation hardware, recognizes that it needs to bolster its software capabilities if it is to win more factory update contracts, particularly those requiring Internet of Things infrastructure. Also in June, Toyota Motor Corp. made what Bloomberg called “the largest ever bet by an automaker in ride hailing.” Toyota is investing $1 billion in Grab Holdings Inc., which, like most ride-hailing firms, is working on autonomous vehicles. roboticsbusinessreview.com 7 TRANSACTIONS REPORT 2018 FIRST QUARTER Source: Arevo 3D Printing Startup Arevo Names New CEO, $12.5M Funding Round By Keith Shaw Arevo Inc., a 3D printing startup that combines robotics, software, and specialized composite materials, in May announced a new CEO and $12.5 million in Series B funding. Jim Miller, named as the new CEO of the Santa Clara, Calif.-based company, (above) A combination of worked previously at Amazon and Google. He will help move Arevo from the a robotic arm, laboratory phase to full-scale commercialization, said founder Hemant Bheda, a turntable, who remains the chairman of Arevo’s board. and advanced software helps The funding round was led by Asahi Glass, with participation from Leslie Arevo create stronger Ventures, Khosla Ventures and Sumitomo Corporation of Americas. parts for manufacturing. A $1T OPPORTUNITY FOR AREVO And it’s showing Bheda said he sees a $1 trillion opportunity to convert metal parts into a 3D-printed composite materials, which has largely been unmet by the additive bike to prove the technology. manufacturing, or 3D printing, market. High costs of making the parts, a lack roboticsbusinessreview.com 8 TRANSACTIONS REPORT 2018 FIRST QUARTER of scalability, and lack of software have prevented many companies from achieving this, he said. “Our insight was that additive manufacturing with robotics has the potential to address all of these three things,” Bheda said. To achieve this, Arevo has produced a combination of software, a robotic arm, and a spinning plate that can create these composite materials in a true 3D manner. “When we looked at the current 3D printing that has been applied for prototyping, the layers are deposited in a planar fashion on an X-Y plane,” Bheda said. “Our observation was that this gives rise to weakness in the Z direction, which needed to be addressed.” For parts that require higher strength, such as composite materials, Bheda said it was limiting to print in the X-Y plane.
Load more

Recommended publications
  • Pwc China Automobile Industry M&A Review and Outlook
    Epidemic Prevention and Response to COVID-19 in the Automobile Industry Series Issue 2 — PwC China Automobile industry M&A Review and Outlook The epidemic has prompted many practitioners and managers in the industry to re-examine and plan for the medium-and long-term development of auto industry, accelerating industry transformation and upgrade. PwC auto team emphasizes on the following aspect of tax & legal, M&A and telematics system to analyze the related solutions. In this article, we mainly focus on the M&A aspect, hoping to give some inspirational idea to the practitioners in the industry. China’s automobile industry has developed rapidly in the opportunities. Moreover, an increasing number of companies past decade. Benefiting from “bringing in” and “going out” with advanced technology and capital will continue entering policy, both domestic and foreign OEMs have successfully into the market which fuels more M&A activities in the realized high growth through a series of mergers and automobile industry. acquisitions (M&A). Since 2018, the development of China In this article, we will analyze the automobile industry from automobile market has been slowing down, and the “CASE” four aspects: review of China’s auto industry M&A deals, trend has been having impact on OEMs. As new businesses main deal drivers and changes of auto industry, the future models are emerging, it has also led to blurring of M&A trend, and key initiatives in response to market boundaries between industries. Auto companies have been changes. actively using M&A deals to transform the automobile industry. At the beginning of 2020, the coronavirus outbreak severely impacted the supply chain of automobile industry, thus resulted in demands for business restructuring and transformation.
    [Show full text]
  • Asian Insights Sparx Regional Automobile, Oil & Metal Sectors
    Asian Insights SparX Regional Automobile, Oil & Metal Sectors DBS Group Research . Equity 17 JulyRefer 2018 to important disclosures at the end of this report Asia leapfrogs in E-mobility HSI: 28,481 Transportation sector one of the largest generators of ANALYST air pollutants in major global cities Rachel MIU +852 2863 8843 [email protected] Intensifying vehicle electrification could translate to Suvro Sarkar +65 81893144 electric vehicle (EV) penetration rate of over 20% by [email protected] 2030 globally Pei Hwa HO +65 6682 3714 [email protected] For every two EVs sold globally, one will be in China, Lee Eun Young +65 6682 3708 creating a huge EV supply chain network [email protected] Yi Seul SHIN +65 6682 3704 Expect Chinese upstream suppliers to benefit from [email protected] robust development of global EV market Recommendation & valuation E-mobility is a game-changer. Electrification aims to address vehicle pollution. Western governments have plans to phase T arget out or cut fossil-fuel vehicle sales from 2025 to 2040. We Price Price PE Mk t Cap estimate global EV to account for some 20% of total vehicle Company Name Local$ Local$ Recom 18F x US$m sales by 2030, translating to about 27m units. With the rise in Battery EVs, approximately 6% of annual oil demand could disappear Contemporary Amperex 83.90 n.a. NR 55.1 27,566 by 2030. To power EV development, governments are leaning (300750 CH) more on clean energy and by 2030, half of the global energy Guoxuan High-Tech Co 13.64 n.a.
    [Show full text]
  • Purpose-Driven Automotive Business Model Is Key to Survival
    Revving the Asian automotive market A purpose-driven exploration of trends and business models Abstract Driven by rapid urbanization, economic prosperity, and a rising population, mobility needs in Asian countries have increased for people and goods. While passenger transport is expected to rise, vehicle ownership remains low. This imbalance has created an enormous opportunity for mobility service providers to capture the Asia-Pacific (APAC) market, primarily dominated by a young population. With their high spending power and interest in value for money, they want to better utilize the time spent on the wheel and monetize their assets such as the vehicle they own. This paper highlights the specific characteristics of APAC automotive trends and how automakers can benefit by building purpose-driven business models. Challenges and opportunities in the APAC automotive market The automotive industry is witnessing disruption, as car owners increasingly question the value of money spent on purchasing an automobile. For a small population in Asia, owning a car may be a matter of pride, but a large proportion looks for a car’s utility. This trend has resulted in reduced car sales and profitability, overcapacity, consolidation, layoffs, and more. It has also affected the supplier ecosystem. To tackle the challenge head-on, car manufacturers in the APAC region are experimenting with a series of new product launches, smart features, connected services, immersive car buying experiences, and new market expansion programs. However, as the results are not too impressive, there is a need to revisit the fundamentals of the current business model with a focus on mobility. Going back to basics requires automotive firms to answer some fundamental questions: • What needs to be moved – people or goods – from point A to B? • How will the asset be designed and what is the end purpose? • If there is movement today, what problem needs to be solved? • Is vehicle ownership necessary? Let us look at how the automotive industry in Asia is addressing these questions.
    [Show full text]
  • China Autos Driving the EV Revolution
    Building on principles One-Asia Research | August 21, 2020 China Autos Driving the EV revolution Hyunwoo Jin [email protected] This publication was prepared by Mirae Asset Daewoo Co., Ltd. and/or its non-U.S. affiliates (“Mirae Asset Daewoo”). Information and opinions contained herein have been compiled in good faith from sources deemed to be reliable. However, the information has not been independently verified. Mirae Asset Daewoo makes no guarantee, representation, or warranty, express or implied, as to the fairness, accuracy, or completeness of the information and opinions contained in this document. Mirae Asset Daewoo accepts no responsibility or liability whatsoever for any loss arising from the use of this document or its contents or otherwise arising in connection therewith. Information and opin- ions contained herein are subject to change without notice. This document is for informational purposes only. It is not and should not be construed as an offer or solicitation of an offer to purchase or sell any securities or other financial instruments. This document may not be reproduced, further distributed, or published in whole or in part for any purpose. Please see important disclosures & disclaimers in Appendix 1 at the end of this report. August 21, 2020 China Autos CONTENTS Executive summary 3 I. Investment points 5 1. Geely: Strong in-house brands and rising competitiveness in EVs 5 2. BYD and NIO: EV focus 14 3. GAC: Strategic market positioning (mass EVs + premium imported cars) 26 Other industry issues 30 Global company analysis 31 Geely Automobile (175 HK/Buy) 32 BYD (1211 HK/Buy) 51 NIO (NIO US/Buy) 64 Guangzhou Automobile Group (2238 HK/Trading Buy) 76 Mirae Asset Daewoo Research 2 August 21, 2020 China Autos Executive summary The next decade will bring radical changes to the global automotive market.
    [Show full text]
  • China's Risky Drive Into New-Energy Vehicles
    NOVEMBER 2018 China’s Risky Drive into New-Energy Vehicles AUTHOR Scott Kennedy A joint project of the CSIS FREEMAN CHAIR IN CHINA STUDIES and the CSIS TECHNOLOGY POLICY PROGRAM China Innovation Policy Series NOVEMBER 2018 China’s Risky Drive into New-Energy Vehicles AUTHOR Scott Kennedy A joint project of the CSIS Freeman Chair in China Studies and the CSIS Technology Policy Program About CSIS For over 50 years, the Center for Strategic and International Studies (CSIS) has worked to develop solutions to the world’s greatest policy challenges. Today, CSIS scholars are providing strategic insights and bipartisan policy solutions to help decisionmakers chart a course toward a better world. CSIS is a nonprofit organization headquartered in Washington, D.C. The Center’s 220 full-time staff and large network of affiliated scholars conduct research and analysis and develop policy initiatives that look into the future and anticipate change. Founded at the height of the Cold War by David M. Abshire and Admiral Arleigh Burke, CSIS was dedicated to finding ways to sustain American prominence and prosperity as a force for good in the world. Since 1962, CSIS has become one of the world’s preeminent international institutions focused on defense and security; regional stability; and transnational challenges ranging from energy and climate to global health and economic integration. Thomas J. Pritzker was named chairman of the CSIS Board of Trustees in November 2015. Former U.S. deputy secretary of defense John J. Hamre has served as the Center’s president and chief executive officer since 2000. CSIS does not take specific policy positions; accordingly, all views expressed herein should be understood to be solely those of the author(s).
    [Show full text]
  • The Future of Automotive Sales in China | Accenture
    The future of automotive sales in China Contents Summary 3 Our approach 4 1. China’s automotive market and where it is headed 6 1.1 The Chinese automotive market in numbers 7 1.2 The automotive (r)evolution: A market that never stands still 8 2. Pressing issues and emerging opportunities 12 2.1 The shifting demands of Chinese consumers 13 2.2 The changing role of automotive dealerships in China 16 3. The road ahead towards future automotive sales in China 22 3.1 The challenges and opportunities of shifting to direct sales 23 3.2 A financial evaluation of the direct sales model 26 3.3 A transformation roadmap for the future of automotive sales 32 4. Conclusion 34 Summary • With only a minor decline in total sales and strong growth in the premium segment, the Chinese automotive market has shown an astonishingly fast recovery after the initial outbreak of COVID-19. More than 25 million vehicles sold in 2020 make China by far the largest, fastest growing and most profitable market in the world • For many Original Equipment Manufacturers (OEMs), China accounts for up to 50% of their global sales. But with 400+ players, competition is fierce, and China’s consumers are tech-savvy and demanding • To stand out, OEMs and dealers must envision a radically new way of selling cars that satisfies consumer demand for transparency, convenience and seamless experience • For established players, change will not come easily—strong dealer associations oppose radical transformation, and the widely diverse Chinese market requires a carefully calibrated approach • The only way for OEMs to continue to thrive in China is to take a bold step and smartly invest in direct customer interaction, meaning they must turn from being a wholesaler to acting as a retailer The Chinese automotive market has been essential for Drawing from industry insights and our Accenture the business of OEMs for more than a decade—and project experience, we seek to provide answers to will be even more indispensable in the post-COVID era.
    [Show full text]
  • Vehicle Pricing in the New Automotive Reality | Accenture
    VEHICLE PRICING IN THE NEW AUTOMOTIVE REALITY How e-commerce, direct sales, and electric cars are radically transforming pricing for new vehicles Summary For automakers, the COVID-19 episode will be followed by an ever-accelerated transformation towards e-commerce, direct sales, and electrification. This shift will bring massive changes to both price models and price setting for cars. In this study, we investigate this transformation, surveying more than 1,100 potential electric vehicle buyers in Europe and talking to leading industry experts who have already begun applying new pricing logics. Based on six fundamental premises about pricing in the future, we have developed a transformation roadmap for pricing in markets that are increasingly omni-channel, direct to customer, and electric. Preface With advancements in e-commerce, direct sales, Since the transformation in sales and pricing and electric vehicles, the automotive industry is has already started, we believe that this point of radically changing. New players like Byton are view will help our partners and clients to lay the leading this change into an omni-channel and foundation for future success. direct sales model with electric vehicles. Accenture Strategy and Byton joined forces to rethink vehicle Munich & Kronberg, August 2020 pricing in this new automotive reality. Based on our global network of leading industry experts and innovative start-ups as well as best practice and conceptual elaborations, we developed six fundamental premises of future pricing. Jointly, we bolstered these premises with a quantitative Johannes Trenka, study surveying more than 1,100 actual Byton Accenture Strategy Managing Director prospects using Byton’s European sample of potential electric vehicle customers.
    [Show full text]
  • Electric Vehicle 101
    PRESENTATION FOR INDIANA VW MITIGATION ELECTRIC VEHICLE 101 YAN (JOANN) ZHOU, Ph.D. Principal Transportation Analyst, Group Leader Argonne National Laboratory October 8, 2019 Indianapolis, IN WHAT ARE PLUG-IN ELECTRIC VEHICLES Hybrid Electric Vehicle Battery Electric Vehicle (BEV): all-electric car only powered by batteries Plug-in Hybrid Electric Vehicle (PHEV) or Extended Range Electric Vehicle (EREV): vehicle that can be powered by either batteries, a gasoline engine, or both Plug-in Hybrid Battery Electric Vehicle Electric Vehicle 2 ARGONNE HAS BEEN TRACKING E-DRIVE VEHICLE SALES SINCE FIRST HEV Monthly summary of E-drive market status: HEV, PEV, and FCEV https://www.anl.gov/es/light-duty-electric-drive-vehicles-monthly-sales-updates 3 OVER 1.3 MILLION PEVS SOLD IN THE UNITED STATES, CUMULATIVELY 1 million milestone reached in October, 2018 • Top 10 selling models account for >80% of overall sales • >30 models are actively selling on the market * Updated to August, 2019 4 ANNUAL PEV SALES INCREASED >80% IN 2018 Increase due Tesla Model 3 sales and more model availability • Tesla Model 3 sold almost 140,000 units in 2018 • 15+ new models were introduced between 2017- 2018 * Updated to August, 2019 5 TESLA AND GM SOLD 200K QUALIFYING VEHICLES - FEDERAL TAX CREDIT Credit phase-out period began January 1st, 2019 for Tesla PEV Sales at The End of 2018 • Tesla was the first automaker to reach the threshold and trigger the phase-out period • GM reached the threshold in December 2018 – phase-out begins April 2019 • Currently, each Tesla is
    [Show full text]
  • June 2018 Advanced Mobility Monthly Update
    Advanced Mobility Market Update June 2018 Electric Ecosystem Mobility-as- Autonomous Data & Vehicles Intelligence a-Service Infrastructure Analytics About Greentech Capital Advisors Our mission is to empower companies and investors who are creating a more efficient and sustainable global infrastructure. We are purpose-built to ensure that our clients achieve success. We have deeply experienced senior bankers and investment professionals who are sector experts and understand our clients' industry and needs. We reach a vast global network of buyers, growth companies, asset owners and investors, and thereby provide clients with more ways to succeed through a deeper relationship network. We have directly relevant transaction experience which enables us to find creative structures and solutions to close transactions. We are an expert team of 55 professionals working seamlessly on our clients' behalf in New York, Zurich and San Francisco and through a strategic partnership in Japan. Our team of experienced bankers and investment professionals provides conflict-free advice and thoughtful, innovative solutions. Greentech Capital Advisors / 1 Advanced Mobility Market Update June 2018 News Business > ABB revealed plans to introduce flash charging stations for electric buses, Developments claiming the chargers can top-up a battery in 17 seconds (CleanTechnica) > Audi announced it plans to use Israeli-startup Cognata’s autonomous vehicle simulation platform to test and develop its technology (TechCrunch) > BYD, China’s largest EV manufacturer, is
    [Show full text]
  • Dialogue, Debate, and Discussion
    Management and Organization Review page 1 of 10 doi: 10.1017/mor.2018.31 Dialogue, Debate, and Discussion What Does the Success of Tesla Mean for the Future Dynamics in the Global Automobile Sector? Greg Perkins1 and Johann Peter Murmann2,3 1University of Queensland, Australia, 2University of St. Gallen, Switzerland, and 3University of New South Wales, Australia INTRODUCTION After reading Jacobides, MacDuffie, and Tae (2016), the success of Tesla in launching a new automobile company in a crowded sector puzzled us. Jacobides, MacDuffie, and Tae (2016) had convinced us that developing the capabilities to become the manufacturer of a complete, safe automobile system would be quite difficult. Since the establishment of the dominant design for the auto in the 1920s, the industry has operated on the premise of massive economies of scale. Original equipment manufacturers’ (OEMs) role in taking responsibility for the legal liability of the whole automobile, combined with their extensive supply and marketing chains, has ensured they remained dominant in the sector despite some missteps with modularisation and outsourcing efforts (Jacobides, MacDuffie, & Tae, 2016; Schulze, MacDuffie, & Taube, 2015). No major component supplier has succeeded in forward integrating into becoming an OEM and no new entrants have challenged the dominance of the incumbent OEMs since the earliest days of the auto industry (Jacobides & MacDuffie, 2013). Researching the development history of Tesla, we have pieced together the key features of how Tesla achieved its successful entry into the automobile sector. From this we have concluded, based on the development time and costs associated with the Tesla Model S, that a well-funded company could develop a new electric vehicle (EV) from scratch and move it into production within 3 to 5 years, by spending $1– 2 billion of capital for design, development, and manufacturing.
    [Show full text]
  • AMLA-LAAS Recap 2018
    2018RECAP DISCOVER AUTOMOBILITY LA DISCOVER LA AUTO SHOW automobilityla.com/recap laautoshow.com/recap WELCOME AutoMobility LA + Los Angeles Auto Show 2018 CONTENTS 1 About AutoMobility LA 2 Noteworthy Stats & Figures 4 Breaking News 6 Vehicle Debuts 10 Media Snapshot 11 Media Buzz 14 B2B Attendee Overview 18 Press & Trade Events 20 AutoMobility LA Conference 22 Code AutoMobility LA 24 Top Ten Automotive Startups 26 Beetles & Breakfast 29 About Los Angeles Auto Show 31 Activations & Events 36 Celebrities 38 B2C Attendee Overview 47 Social Media Statistics PHOTO: RIVIAN PRESS CONFERENCE PHOTO: BMW PRESS CONFERENCE ABOUT AUTOMOBILITY LA Formerly referred to as the “Los Angeles Auto Show’s Press Days,” AutoMobility LA features vehicle debuts, auto-tech exhibits, competitions, speakers and networking events over the course of four jam-packed days. Held in Los Angeles — the nation’s top car-buying, luxury and EV market — AutoMobility LA is where the who’s who of mobility meet to gain insights, break news and do business. NOTEWORTHY STATS & FIGURES ‣ Despite reports of automakers pulling out of auto shows, the Los Angeles ‣ Approximately 26,500 media and industry professionals from 58 countries Auto Show remained a “must attend” event for brands to reach influencers attended AutoMobility LA over the course of four days. and buyers in the nation’s top car-buying and EV market.* ‣ TribalScale’s in-car, AI-driven e-commerce platform received the $40,000 ‣ AutoMobility LA expanded its roster of participating brands and served as a grand prize at “Code AutoMobility LA” — AutoMobility LA’s annual global launchpad for new and established automakers including Audi, BMW, hackathon, presented by General Motors and Visa and supported by the BYTON, Jeep, Porsche, Rivian and Toyota to unveil new vehicles and make City of Los Angeles.
    [Show full text]
  • Evco – 2019-11-25
    November 25, 2019 Electric Vehicle Council of Ottawa Monthly Meeting Agenda EV roll call, introductions Ford Mustang Mach E, Tesla Cybertruck - Nicolas AGM Board elections for January - Darren Round table discussions EV News/status - Mitchell EV Conversion request - Raymond Upcoming/past events - Raymond The Masses Are Coming The coming wave of EV’s is almost here. By 2025 Ford says it will have 40 electrified models by 2022 GM says it will have 20 electrified models by 2023 FCA says it will have 35 PHEV(25) and BEV(10) models by 2022 Nissan says it will have 8 electrified models by 2023 Infiniti will begin total electrification of lineup in 2021 Audi will have 12 electrified models by 2025 All new Volvos will be electric VW plans on 80 new PHEV(30) and BEV(50) models by 2025 2019 2019: VW Group EV’s Audi e-Tron Porsche Taycan 2019: Other EV’s Volvo XC 40 EV Jaguar i-Pace Mini Cooper SE Nissan Leaf Plus 2020 2020: FCA Chrysler Portal Fiat Ducato EV Fiat 500e 2020: VW Group Audi A3 Sportback PHEV VW ID Crozz VW Atlas Cross PHEV 2020: Zee Other Germans BMW iX3 Mini Countryman PHEV Mercedes EQV 2020: The Americans Ford Mach 1 EV Rivian R1T Chevy Bolt EUV Lincoln Aviator PHEV 2020: Geely Volvo V40 EV Volvo Polestar 2 2020: ‘Imports’ 2020 Kia Soul EV Byton M-Byte Toyota C-HR EV 2021 2021: FCA BEV Maserati Alferi EV Jeep Grand Commander 2021: FCA PHEV Alfa Romeo GTV PHEV Jeep Wrangler PHEV Jeep Renegade PHEV Jeep Compass PHEV 2021: New Enterants Fisker SUV Bollinger B1 Atlis XT Rivian R1S 2021: Zee Germans BMW i4 Mercedes ECQ
    [Show full text]