GlobalData Automotive News Friday October 20, 2023 Tesla Q3 numbers below expectations Revenue was US$23.4bn compared with analyst predictions of $24.09bn with gross profit declining 22% Cruise, GM and Honda form JV for driverless ride-hail in Japan Set to begin in early 2026 Posco completes China JV plant New China factory making steel sheet for the local auto industry Hyundai Infracore to supply batteries for Tata Daewoo trucks To develop and supply complete battery packs Honda to launch driverless taxi service In Tokyo with GM and Cruise Signal: Tesla doubled down on AI investment as AI filings in automotive underwhelm Mentions of AI continue to be low in automotive industry filings. Posco completes Mexican EV motor core plant Inked a $460m deal last year to supply motor cores to a US based automaker AI will severely impact almost a fifth of jobs, Indeed says Filippo Bonsanti, VP of global marketing at Indeed, said that every job will be transformed by AI in some way.
