The Great Pit – Episode 2

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AI-powered exit technology
AI-Powered Exit Technology Can Ease Checkouts, But Larger Stores May Grapple with Scalability Issues
May 2, 2024

In recent developments, Sam’s Club has initiated the deployment of AI-powered exit technology across more than 120 of its retail locations, aiming to enhance customer experience by significantly reducing wait times. This move emerges as a contrasting response to Amazon’s recent pullback from its Just Walk Out technology, which allowed customers to shop without […]

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profitability challenges
New Pricing Strategies and Charging Standards Are Crucial to Mitigate Profitability Challenges in the EV Sector
May 2, 2024

Recent fluctuations in Tesla’s quarterly earnings and a general moderation in the growth of electric vehicles (EVs) in the U.S. market have raised concerns about the profitability challenges facing the EV industry. Despite an initial explosive growth, the increase in market share is showing signs of slowing down. These shifts occur amidst a broader […]

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Domestic EV Manufacturers Can Prosper with Streamlined Supply Chains and Cost-Effective Batteries
May 2, 2024

Electric vehicles (EVs) are shifting from a niche market for early adopters to a mainstream consumer choice. With this new trend, manufacturers face the daunting challenge of how to lower costs while simultaneously improving the affordability and profitability of these vehicles in the U.S. market. This shift necessitates a deep dive into the complex […]

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electric vehicle production
Advanced Tech, Cost Engineering, and Falling Lithium Prices Propel U.S. Automakers Toward Affordable Electric Vehicle Production
May 2, 2024

As global attention continues to focus on sustainable transportation, the electric vehicle (EV) sector is increasingly seen as a vital part of the transition away from fossil fuels. Historically, the automotive industry has shown a pattern where initial high costs of new technologies gradually decrease as production scales and processes improve. This trend is […]

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