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How EVs Are Shaking The Car Parts Supplier Industry

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Companies that make parts for internal combustion engines are facing a harsh future. Revenues for ICE cars, and fuel and exhaust systems are all expected to decline 44% through 2027. Meanwhile, for electric drivetrains and batteries or fuel cells, revenues are expected to rise 245%, according to a 2023 Deloitte Automotive Supplier Study. While the parts themselves are changing, the pie is also shrinking. An internal combustion powertrain has about 2,000 parts. EV powertrains have about 20, sometimes less. Automakers are also finding ways to more efficiently manufacture parts through methods like giga casting, pioneered by Tesla. There are thousands of parts in cars that come from companies all over the world, a whole branching supply chain of firms each dependent on the success of the others. Many of those companies are small, family owned firms, but even the large, publicly traded suppliers such as Bosch, Denso, Magna and ZF could be in trouble. The question is, will EVs kill the thousands of auto suppliers or can they find ways to pivot, consolidate or somehow stay in business?

Chapters:
00:00 — Introduction
01:52 — The shift to EVs
05:55 — Lower demand
10:19 — Volatile times
11:42 — Industry pivots

Produced by: Robert Ferris
Editor: Darren Geeter
Senior Managing Producer: Tala Hadavi
Graphics: Jason Reginato, Andrea Schmitz
Camera and Production Support: Andrew Evers

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How EVs Are Shaking The Car Parts Supplier Industry

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The YouTube gurus engineering viral videos

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With thousands of YouTube creators relying on the platform for income, many are turning to strategists as essential advisors on how to keep videos viral.

Meet the YouTube whisperers, a booming class of advisors behind MrBeast and other million-dollar channels.

Find the full report in related video.

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How SpaceX’s AI ambitions took over Memphis

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Two years after Elon Musk made Greater Memphis the center of his artificial intelligence ambitions, building data centers and energy infrastructure at breakneck speed, residents are grappling with unwanted effects, including noise and emissions from the natural gas-burning turbines.

Now, public opposition to the SpaceXAI sites, known as Colossus and Colossus II, is providing a blueprint for other communities across the country opposed to AI developments.

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TCL Roku TV Unboxing | CNBC

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Watch an unboxing of the TCL Roku TV. The panel is an edge-lit LED, 1080p, 120Hz refresh rate. The TV has 3 HDMI ports, component hookups, dual-band Wi-Fi, and Dolby audio processing.
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TCL Roku TV Unboxing | CNBC

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Red Hat CEO: Tech Opportunity? | Mad Money | CNBC

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Red Hat reported recently and the market didn’t care for its earnings. Jim Cramer spoke with the CEO to find out if that, plus the Brexit sell-off could be creating an opportunity
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Red Hat CEO: Tech Opportunity? | Mad Money | CNBC

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Inside Texas’s Growing Political Fight Over Data Centers

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Texas has long attracted data centers with its pro-business policies and abundance of land. Today, it’s one of the biggest data center hubs in the country, but residents are starting to push back over issues like transparency, water use and power bills. CNBC traveled to Texas to learn how the growing backlash has made data centers a key issue in the upcoming race between Ken Paxton and James Talarico–and in midterm elections across the country.

Reporter: Justin Papp
Produced and Shot by: Macklin Fishman
Edited by: Andrea Miller
Animation: Emily Park, Jason Reginato
Additional Camera: Andrew Evers
Additional Editing: Rowan Buck, Christian Nunley
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images

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Inside Texas’s Growing Political Fight Over Data Centers

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