Moody's affirmed in a note that Tesla's outlook remains positive and the company will continue to increase its scale rapidly and improve its profitability notably.
Maruti Suzuki which sells every second car in India, also said it sees the chip-shortage crisis improving in the current quarter which it hopes will help ramp up production to close the gap on pending orders.
Renault SA, Nissan Motor Co and Mitsubishi Motors together will increase the number of common platforms for EVs to five from four, and by 2030 they plan to have a combined EV line up of 35 vehicles.
The deal remains subject to approval by the Chinese government, but Stellantis, plans to increase its stake to 75% as part of its efforts to tackle one of the weak spots in its business.
