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Artificial Intelligence is transforming China’s electric vehicle industry, shifting value from hardware to advanced software and machine learning. Xpeng Motors predicts that up to 50% of a car’s value could soon come from AI-driven features and intelligent software. Software’s share of vehicle
Waymo and Tesla recently showcased their autonomous vehicles on San Francisco’s challenging streets, highlighting different approaches to self-driving technology. Waymo impressed with its advanced sensors and assertive urban navigation, while Tesla’s Model 3 performed well on highways but made a critical error
Chinese automotive brands like NIO, BYD, XPeng, and Zeekr are leading a global transformation in the electric vehicle (EV) industry. China now dominates the global car market, responsible for 62% of worldwide EV sales and nearly five million passenger-vehicle exports in 2024.
Pension fund leaders are warning that Tesla’s stability is threatened without Elon Musk’s renewed focus as CEO. Tesla faces declining sales in Europe and the US, heightened stock volatility, and a declining brand reputation among consumers and investors. Musk’s divided attention—across projects
Chevrolet launches aggressive EV incentives, including 0% APR for 60 months on all new Silverado EV, Equinox EV, and Blazer EV models. The 2025 Equinox EV starts at $34,995 and offers a best-in-class 319-mile EPA-estimated range. Buyers can stack savings with the
Las Vegas is piloting cutting-edge autonomous technology with Zoox robotaxis, offering driverless rides at Resorts World Las Vegas. This partnership marks the city’s first official alliance between a resort property and a fully autonomous rideshare provider. Zoox’s purpose-built vehicles feature plush interiors,
Tesla’s electric vehicle sales in Europe have plunged nearly 50% year-on-year, despite a 26% market-wide surge in battery-electric vehicle demand. Traditional automakers like Volkswagen, Renault, and BMW, plus agile new Chinese brands, are rapidly expanding their market share. Record discounts and incentives