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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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Google Lost The AI Lead. Can Quantum Put It Back on Top?

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“Inside a secretive lab in Santa Barbara, California, scientists at Alphabet are working on one of the company’s most ambitious bets yet. They’re attempting to develop the world’s most advanced quantum computers. Late last year, Google unveiled a breakthrough quantum computing chip called Willow, which it says can solve a benchmark problem unimaginably faster than what’s possible with a classical computer. CNBC’s Deirdre Bosa gets an exclusive look inside Google quantum lab and explores whether Willow may give Google a chance to take the lead in the next technological era.

Chapters:
00:00 Introduction
00:47 Chapter 1: Is quantum overhyped?
2:09 Chapter 2: Google’s breakthrough
5:25 Chapter 3: The competition
8:41 Chapter 4: Quantum and AI
12:44 Chapter 5: Interview with Google’s quantum AI director

Anchor: Deirdre Bosa
Produced by: Jasmine Wu, Laura Batchelor, Drew Troast
Edited by: Amy Marino
Camera: Andrew Evers, Katie Tarasov
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato
Additional Production: Merritt Enright

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Google Lost The AI Lead. Can Quantum Put It Back on Top?

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What Will Cause The Next Recession – Michelle Meyer On Elevated Risks

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Bank of America’s Head of U.S. Economics Michelle Meyer predicts a slower economy in 2019 compared to last year. A slowing global economy, especially from China, is likely to have an impact on the United States. But despite the risks being higher, the economic data shows an imminent recession may not be in the cards.

She also explains why wages have improved despite an aging population. “The labor market is tight,” she says. And it’s not just for high-skilled workers, but for lower income jobs as well.

Watch the video above to hear more from Bank of America’s Head of U.S. Economics Michelle Meyer.
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What Will Cause The Next Recession – Michelle Meyer On Elevated Risks

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Elon Musk: We Need A Lunar Base To Help ‘Fire Up’ The Public About Space Travel | CNBC

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Speaking at the International Space Station Research and Development Conference on Wednesday, Tesla and SpaceX Founder Elon Musk said we need to build a base on the moon to help support missions to Mars and to spur public support for space exploration.
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Elon Musk: We Need A Lunar Base To Help ‘Fire Up’ The Public About Space Travel | CNBC

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Why Americans Keep Buying McMansions

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For years following the Great Recession, “McMansion” were considered “ugly” or “bad investments,” mainly because they were considered unnecessarily large, had way too many amenities and built often with cheap materials. But during the pandemic when Americans sought to move to larger homes in the suburbs, they had a resurgence. In 2025, tariffs and immigration crackdowns will cause an increase on the price of new construction, helping the already built McMansions. But not all of these home are created equal.

Chapters:
0:00 Introduction
1:22 Chapter 1. The rise of McMansions
3:34 Chapter 2. The Great Recession
4:55 Chapter 3. A bad investment?

Produced Shot and Edited by: Natalie Rice
Animation: Jason Reginato, Mallory Brangan
Senior Managing Producer: Tala Hadavi
Additional Camera: Erin Black
Additional Footage: Getty Images, AP Photos, NBC News
Additional Sources: Bureau of Labor Statistics, Redfin

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Why Americans Keep Buying McMansions

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NYU Professor Scott Galloway: Tech Has To Employ Human Discretion On Platforms | CNBC

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Scott Galloway, NYU Stern School of Business professor, and Recode’s Kara Swisher discuss what kind of social responsibility social media holds to curb misleading information on its platforms.

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NYU Professor Scott Galloway: Tech Has To Employ Human Discretion On Platforms | CNBC

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