Latest news with #Seagull
Associated Press
4 days ago
- Automotive
- Associated Press
Navigating Automotive Supply Chain Disruption: Insights From DP World's David D'Annunzio
In a recent interview at the Gartner Supply Chain Symposium, David D'Annunzio, Global Vice President and Automotive Vertical Leader at DP World, sat down with Supply Chain Now host Scott Luton to share critical insights on the ever-evolving automotive supply chain landscape, the new norm of constant disruption, and the future of global automotive manufacturing. The automotive supply chain is being actively reshaped by global disruption, rapid innovation, and shifting trade dynamics. In this interview, 'Inside the Automotive Supply Chain with DP World's David D'Annunzio,' learn more about why the automotive supply chain is in constant flux, how DP World balances 'asset appropriate' strategies, the rising influence of Chinese automakers, and what's driving change in inter-Americas trade. Navigating a 'pressure-cooked' sector Drawing from decades of experience, D'Annunzio underscored the intense pressures unique to automotive supply chains, where factories rely on precise sequencing to produce vehicles every 60 seconds. Any misstep, he noted, could halt operations, making it an intensely 'pressure-cooked' sector. Adding to this high-stakes environment is the long-term effects of outsourcing parts production from local suppliers to low-cost countries such as China, India, and Pakistan. While this has increased efficiency and lowered costs over the past few decades, it has also increased market and supply chain vulnerability as global disruptions persist. DP World's proactive approach to disruption DP World's distinctive 'asset-appropriate' strategy – acquiring assets strategically rather than adhering strictly to an 'asset-light' model – positions them advantageously. Simply put, 'asset-light' companies prefer not owning physical assets like ships or trucks, opting instead to lease or outsource. In contrast, DP World chooses to own these assets strategically when it makes financial and operational sense, ensuring readiness and reliability during disruptions. As D'Annunzio pointed out, companies with resources readily available are primed to lead when inevitable supply chain disruptions occur. China's disruption of the global automotive industry Highlighting emerging industry trends, D'Annunzio spoke of the rapid ascendence of Chinese automotive manufacturing. Chinese electric vehicles, like BYD's Seagull, are poised to upend the global market – a Seagull can be purchased for $10,000 and offers features and quality equivalent to a $40,000 U.S.-manufactured car. D'Annunzio speculated that we could soon see Chinese automakers entering the U.S. market through partnerships with domestic firms – a scenario mirroring China's own strategy from decades past when U.S. manufacturers entered their market. Learn more To hear more from David D'Annunzio and explore deeper insights on the future of automotive supply chains, watch the full interview here. Visit 3BL Media to see more multimedia and stories from DP World
Time of India
5 days ago
- Entertainment
- Time of India
Taylor Swift flaunts $50 top from her merchandise line while having a cozy Ohio lunch with Travis Kelce
Taylor Swift and Travis Kelce (via Getty Images) Taylor Swift was photographed wearing a $50 top from her merchandise line when getting lunch with Kansas City Chiefs player Travis Kelce on an afternoon out in Ohio. Global pop superstar Taylor Swift went low-key and budget-friendly when out in Chagrin Falls, Ohio, on July 1, ditching her typical high-end style for a casual outfit that is sending fans into a frenzy online. Taylor Swift goes casual summer fashion in Chagrin Falls with Travis Kelce As she spent a low-key lunch with her boyfriend, Kansas City Chiefs tight end Travis Kelce, Taylor Swift was featured in the news for more than just her look but for what she was wearing. She wore a long-sleeve button-up from her own 2025 summer merchandise collection. The poplin button-down shirt, which costs $50, has a simple seagull pattern and is an ode to her 1989 (Taylor's Version) period. This white and blue Seagull Stripe Poplin Shirt is made from 100% cotton and also comes in a T-shirt style for men for $40. Taylor Swift sported her design proudly, but Travis Kelce had other plans—a traditional striped blue shirt. Taylor Swift spotted in Northeast Ohio Taylor Swift dropped her summer merchandise line in early June 2025, featuring Oxford-style tops, relaxed-fit T-shirts, shorts, beach towels, and tote bags. The line ranges from $35 to $65, lower than most celebrity clothing lines—something her fans dig. The couple is also enjoying the NFL offseason, meanwhile, before Travis Kelce heads back to the Kansas City Chiefs for training camp. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Design respirabil + talpă moale = confort pe tot parcursul zilei USERGOINGN® Cumpără acum Undo The couple, as per People, has been taking it easy across cities such as New York and Nashville, as well as private retreats, out of the limelight. Also read: Taylor Swift and Travis Kelce enjoy cozy Ohio getaway amid romance buzz Taylor Swift's personal touch turns merch into more than just fashion With her recent outing, Taylor Swift proved once again that star power doesn't need to be accompanied by an outrageous price tag. Her choice to don a top from her line—particularly one associated with an album's nostalgic period—resonated with followers, mixing business, branding, and authenticity. And with Travis Kelce as her plus-one, the couple gets to have a summer of quiet and togetherness before the NFL picks up again. Game On Season 1 continues with Mirabai Chanu's inspiring story. Watch Episode 2 here.
Yahoo
6 days ago
- Automotive
- Yahoo
BYD hits 1m production milestone for Dolphin Surf model
BYD has officially marked the production of the one millionth Dolphin Surf model. Known in China as the Seagull and Latin America as the Dolphin Mini, BYD says the Dolphin Surf has redefined what customers around the world can experience in a compact EV. The millionth example of the car rolled down the production line at the model's home factory in Xi'an, China, just 27 months after the first, becoming the fastest-selling model in its segment in history, BYD maintains. BYD Executive Vice President Stella Li said: 'The Dolphin Surf has set benchmarks and records ever since it was introduced, topping the monthly sales charts in its class more than 20 times in just over two years. We said at the car's recent European launch that it's a global superstar that breaks down barriers to the adoption of sustainable mobility, and we're thrilled that a million examples are now on the roads around the world. Regardless of whether you know this vehicle as the Seagull, Dolphin Mini or Dolphin Surf, its recipe for success is pure and simple: an accessible zero-emissions vehicle that's practical and flexible for everyday use in cities and beyond, and packed with BYD's useful technologies.' BYD maintains its recent introduction in Europe – where new-energy vehicles account for just nine percent of the A- and B-segments – will now help to improve adoption rates of sustainable mobility in this region. In Europe, the entry level Dolphin Surf, Active, pairs its 30kWh battery with a 65kW motor, while Boost features the same power but a larger 43.2kWh battery for a WLTP Combined range of 322km and a City range of 502km. The range-topping Comfort then takes the larger battery and pairs it with the 'most powerful motor in its class' (115kW/220Nm), delivering a 0-100km/h time of just 9.1 seconds. Regardless of trim level, every Dolphin Surf comes with a standard-equipment list that includes a 10.1-inch rotatable touchscreen infotainment system, rear parking sensors and a rear-view camera, LED daytime-running lights, Vehicle-to-Load (V2L) capability, NFC keyless entry and start, adaptive cruise control, air conditioning and electrically adjustable side mirrors. As well as their bigger battery and larger 16-inch alloy wheels, Boost versions of the car add electric adjustment on the front seats, along with rain-sensing wipers and electric folding side mirrors. And the range-topping Comfort features a 360-degree camera, LED headlights, rear privacy glass, side-mirror footlights, heated front seats and wireless smartphone charging. "BYD hits 1m production milestone for Dolphin Surf model" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-06-2025
- Automotive
- Yahoo
Is It Time to Buy BYD Before Its Next Ambitious Move?
Its strategy of focusing on more affordable electric vehicle models in Europe is paying off. BYD is also building out a fast-charging network in Europe to help drive market share growth. One potential challenge: consumer interest in EVs has been declining recently in Europe. 10 stocks we like better than BYD Company › As if by magic, BYD (OTC: BYDDY) has swiftly, smoothly, and soundly taken over China's electric vehicle (EV) industry. It surpassed Tesla in 2024 to become the world's largest EV manufacturer by sales, and the automaker isn't pumping the brakes. For BYD's next magic trick, it's about to make a big push into Europe. But is this a bad time with consumer sentiment there for EVs in decline? BYD's efforts in Europe got off to a bit of a sputtering start before it adjusted its sales strategy to focus on more affordable models. That pivot helped it gain traction in key European markets. In April, BYD sold more EVs in Europe than Tesla for the first time, according to a report by JATO Dynamics. Its move into the lead was aided both by Tesla's aging vehicle lineup and by the political adventures of CEO Elon Musk, which turned some consumers off the Tesla brand. Surpassing Tesla in Europe was a huge accomplishment considering it has led the Continent's battery-electric vehicle (BEV) market for years while BYD only officially began its operations there in late 2022. In fact, despite a slow start, BYD nearly quadrupled European sales during the first four months of 2025, per data from market research firm Dataforce. BYD is increasing its sales by roughly 10% monthly in Europe right now -- a staggering rate of growth. "If you are winning here, it means you are super good in every angle," said BYD Executive Vice President Stella Li in an interview with Bloomberg News. She also said the automaker would spend up to $20 billion in the region, noting that "Europe is our most important market." BYD's strategy includes rolling out an ultra-fast charging network across Europe to help drive brand awareness, build market share, and encourage broader consumer confidence in the availability of charging infrastructure. The company's system will be capable of recharging a BYD vehicle for 250 miles to 292 miles of range in as little as five minutes, depending on a few factors. It also recently launched a new model in Europe that has the potential to be its hottest seller there yet: the Dolphin Surf, a variant of BYD's best-selling EV, the Seagull. The compact vehicle sells for under $10,000 in China and will start at 19,990 euros ($22,700), drastically undercutting other top-selling EVs in the market. BYD is planning a strong push in Europe, but it could be coming at a less-than-ideal time. In a survey conducted by Shell, the number of respondents in Europe who were considering switching to an EV declined from 48% last year to 41% currently. The primary issue, however, was still price, and that presents an opportunity for BYD. China's leading EV maker has come a long way in a short time, but for investors, opening a position at current levels could still prove a great move, as the company has immense upside potential amid its global expansion. BYD's leading position in China's EV market will one day become more profitable as the industry consolidates and the price war abates. It's gaining traction in Europe quickly, and tariffs might only slow BYD down. And the U.S. market isn't interesting to BYD currently, but one day it's almost certain Chinese automakers will sell in the U.S. market and BYD is likely to be leading the charge. Those interested in investing in the future of the automotive industry should give BYD a much closer look. Its story is really only beginning, and its potential upside is immense. Before you buy stock in BYD Company, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and BYD Company wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $689,813!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $906,556!* Now, it's worth noting Stock Advisor's total average return is 809% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Daniel Miller has no position in any of the stocks mentioned. The Motley Fool recommends BYD Company. The Motley Fool has a disclosure policy. Is It Time to Buy BYD Before Its Next Ambitious Move? was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
20-06-2025
- Automotive
- Yahoo
The clock is ticking on Tesla's mysterious new cheaper models
Fans and investors are still in the dark about Tesla's mysterious new "affordable" EVs. Tesla said new models would start production in the first half of 2025, but it has yet to reveal any details. Tesla faces slow sales and fierce competition, with analysts saying its fundamentals are worse than expected. Tesla is gearing up to finally launch its robotaxi service, but the company is drawing close to another equally important deadline. As Elon Musk gets set to begin offering robotaxi rides to a select group of invitees in Austin this weekend, Tesla fans are still waiting for news about the company's long-awaited low-cost electric cars. In January, Tesla said that it would start production on new models, "including more affordable models," in the first half of 2025. In the automaker's earnings in April, Tesla reiterated this timeline, with Vice President of Vehicle Engineering Lars Moravy saying the company was working through "last-minute issues" on the new cars. That deadline is fast approaching, and there is little sign that Tesla is gearing up for a major product launch. Tesla did not immediately respond to a request for comment from Business Insider. The stakes for the EV giant are high. Tesla has seen its sales collapse across the globe so far this year, as it grapples with consumer backlash over CEO Musk's politics and production disruptions due to a refresh of its best-selling Model Y EV. Analysts previously told Business Insider that Tesla's stale product lineup is not helping matters. The carmaker has not launched a new vehicle since the Cybertruck in 2023, and the angular pickup's sales have been underwhelming. Even as Tesla's product lineup has stagnated, its rivals have launched a flurry of new electric models. Much of this competition has come from China, where a brutally competitive EV market has pushed Chinese companies like BYD to launch new models at rock-bottom prices. Data from industry group EV Volumes found that although Tesla's Model Y and 3 were still the top-selling electric cars in the world in the first four months of the year, their sales are coming under pressure from BYD's Seagull and the Wuling Mini, two affordable, compact city cars that sell for the equivalent of less than $10,000 in China. Some analysts have already begun to sound the alarm bells. In a note this week, Wells Fargo analysts Colin Langan and Kosta Tasoulis said that Tesla's business fundamentals were worse than expected, with deliveries failing to recover in the second quarter. The analysts also warned that the recent Senate ruling to end California's zero-emission rules would remove the need for automakers to buy regulatory credits from Tesla, which they estimated could cut Tesla's earnings before tax and interest by as much as 16%. Langan and Tasoulis said demand for the refreshed Model Y, which Tesla began rolling out earlier this year, "appears weak," adding that the mysterious affordable models were the only apparent driver of sales in the second half of the year. Despite their importance, it's still unclear what the new models hinted at by Tesla will look like. Tesla has said they will be produced on the same manufacturing lines as its current vehicles and will use aspects of the same platform. Reuters has reported that the new models will include a stripped-down version of the Model Y, production of which has been delayed by several months, according to anonymous sources. For now, it seems Musk and Tesla are mostly focused on the 10 or so robotaxis set to launch in Austin, leaving a major question mark over the rest of the company's product roadmap. Read the original article on Business Insider Sign in to access your portfolio
