demand

“Q4 Sees Robust Growth in EV Sales, with Potential for Further Growth”

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EV sales remained strong in Q4. They could have been stronger All automakers, including Tesla, are at a crossroadsIf you’ve only been reading headlines these past few months, you’d think demand for electric vehicles has fallen off a cliff. In some countries, like Norway, where 82% of new vehicles are electric, it has already landed. That jibes with other forecasts that predict EVs will make up around 25% of the market in 2026. The demand will be there, but to make the most of it, automakers have some work to do.

Internal documents reveal EV startup Fisker’s struggle to meet sales targets

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Fisker remains far from meeting CEO and founder Henrik Fisker’s publicly stated goal of delivering 300 electric SUVs per day globally, according to internal documents viewed by TechCrunch. The EV startup spent much of December aiming to meet an internal sales goal of between 100 and 200 vehicles a day in North America, where the bulk of its inventory and sales efforts are. Fisker is delivering its SUVs in a number of European countries, and contract manufacturer Magna Steyr builds them in Austria. Henrik Fisker told The Wall Street Journal on Thursday that the lack of a physical footprint has harmed sales here. The slow pace of deliveries has widened the gulf between the amount of Fisker Ocean SUVs being produced by Magna and the number sold.

How Guac, Powered by Y Combinator, Uses Machine Learning to Forecast Grocery Sales

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Poor grocery demand forecasting is responsible for more waste than you might expect. It’s not only bad for the environment — food waste is a major source of carbon emissions — but costly for grocers. Per Retail Insights, food and grocery retailers lose up to 8% of revenues through inadequate inventory availability. “Food waste and food security are issues that Jack and I care deeply about, and we were really excited about an opportunity to actually address food waste at its core,” Wang said. But Wang says that Guac is differentiated both by its dedication to transparency and its intense fine-tuning of forecasting models.

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