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Global auto markets were rocked by a recent agreement between Uber, the global ride-sharing app, and BYD, a Chinese electric vehicle brand that is now the world's largest EV manufacturer and exporter.
While BYD will surely benefit through its partnership with Uber, the extra 100,000 vehicles in the first phase of the agreement with Uber represents only a modest percentage increase in BYD"s global sales.
Far more important is how this agreement will transform Uber. BYD is the most vertically integrated motor vehicle company today, and earns very high marks for vehicle quality and reliability, which will keep its cars on the road instead of in costly repair shops. The cars are fast-charging, with long-lasting battery life. And BYD can produce at far lower costs than non-Chinese carmakers.
This all adds up to Uber now able to create new markets as fast as BYD delivers cars to put on the road.
Resources and links:
Uber and BYD Partner to Accelerate Global EV Transition
https://investor.uber.com/news....-events/news/press-r
BYD to unleash 100,000 EVs globally with its new partner, Uber
https://electrek.co/2024/07/31..../byd-unleash-100000-
Uber and BYD partner to introduce more EVs to global markets
https://www.automotivedive.com..../news/uber-byd-ev-pa
Uber, China’s BYD, form partnership to deploy 100,000 EVs in EU and Latin America
https://apnews.com/article/chi....na-uber-byd-ev-5c45f
BYD press release
https://www.byd.com/us/news-li....st/BYD-and-Uber-Part
Rocky Mountain Institute (2018) Ride-Hailing Drivers Are Ideal Candidates for Electric Vehicles
https://rmi.org/ride-hailing-d....rivers-ideal-candida
Federal Reserve Bank of Minneapolis, Despite easing inflation vehicle repair costs soar
https://www.minneapolisfed.org..../article/2023/despit
Surging auto insurance rates squeeze drivers, fuel inflation
https://apnews.com/article/aut....o-insurance-inflatio
New Car Price Trends in 2024 (August Update)
https://caredge.com/guides/new....-car-price-trends-in
Closing scene, Yingwuzhou Yangtze River Bridge, Wuhan, Hubei province
On this feature of the FRAME, we explore the technology and processes behind the manufacturing of Samsung Phones.
About FRAME:
When business meets engineering, FRAME is your new source of information.
From designing, Prototyping, building, or even destroying, our daily life is surrounded by processes of all kinds, each more interesting than the next.
But have you ever wondered what's behind all of this?
In our videos, you will find:
-Explanation and infographics of how things are built, from the most simple pencil to the most complex digging machine.
- Stories behind the world's most successful companies
-Analysis of future trends in the world of industry, exclusive interviews with industrial specialists, and many more !
We publish four videos a week. Make sure to subscribe to the FRAME YouTube channel to catch us on our next episode.
Check our FRAME website at https://theframe.one/
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"They're BLACK!": Afro-Brazilians want Paris Olympic winners of visible African ancestry recognized as BLACK. White Brazilians, on the other hand, say that pointing out racial classification is divisive and unnecessary. The debate is yet another example of the rise of racial politics in Brazil.Please Visit our Website to get more information: https://blackbraziltoday.com/🔔Explore the true narrative of Brazil – Subscribe to Black Brazil Today for insightful discussions on race, culture, and media.🔍 =============================✅ About Black Brazil Today. Welcome to Black Brazil Today, a channel that explores black Brazilians' vibrant and diverse experiences✊. Get into our in-depth race, culture, and media discussions, highlighting Brazilian society's significant strides and challenges. Join us as we dissect racial dynamics, celebrate black Brazilian culture, and amplify voices often unheard. From music and movies to social movements, we bring you the real stories shaping black Brazil's narrative. Subscribe to be part of a community committed to truth, representation, and change. 🎥🌍💬 🔔 Let's Explore the untold stories – Subscribe to Black Brazil Today for the latest on black Brazilians in news, music, and entertainment. 🎵📰 https://www.youtube.com/@black....braziltoday3316/tuto =================================#racialpolitics #blackbrazilians #afrobrazilians #2024olympics #paris2024 #raceinbrazil #whitebrazilians #blackidentity #blackinbrazil #blackathletes ⚠️DISCLAIMER: We do not accept any liability for any loss or damage incurred from you acting or not acting as a result of watching any of our publications. You acknowledge that you use the information we provide at your own risk. Do your research. Copyright Notice: This video and our YouTube channel contain dialogue, music, and images that are the property of Black Brazil Today. You are authorized to share the video link and channel and embed this video in your website or others as long as a link back to our YouTube channel is provided. © Black Brazil Today
