EV sales growth slowed significantly in the first half of the year: Many consumers remain skeptical about the technology, driving Tesla, GM, and Ford to shift gears.
Microsoft, Meta, and AWS work together to break Google’s stranglehold on mapping services by developing open map data sets for general availability
Is the auto industry losing faith in TV? Ad expenditures are still high on sports broadcasts, but a tough market is causing spending to contract.
Automakers face speed bumps ahead: While US auto sales grew 2.8% in the first half of the year, sales are expected to slow to 1.3% as consumers wait for interest rates to fall.
High costs, reliability concerns, and a lack of confidence in US infrastructure are detering consumers and hurting EV sales.
Alphabet’s driverless robotaxi service is available to all San Francisco residents, with 300,000 people on the waitlist. Waymo benefits from rivals lagging behind.
VW invests $5 billion to keep Rivian afloat and in turn gets access to technology-driven solutions for its fleet of vehicle brands. Strategic partnerships can accelerate EV adoption.
While this provides smarter in-car assistance, consumers may not flock to VW just for an improved infotainment system. Read online
A cyberattack on CDK Global disabled key systems for nearly 15,000 car dealerships, seriously disrupting operations. Ransomware can paralyze entire industries relying on single service providers.
Industry giants say the new requirements are “practically impossible” with today’s technology, and high costs will trickle down to consumers.
Fisker’s failures highlight the dwindling space in the US EV market for smaller names, especially those still manufacturing internationally.
The market for high-priced EVs is tapping out and EV sales growth is declining. Manufacturers need to slash prices to compete in this stalling market.
Musk may otherwise exit the company, taking his AI and robotics resources with him. That could be a big hit to Tesla’s growth and finances.
Higher borrowing costs cause auto sales growth to slow and electric vehicle adoption to remain limited.
The auto industry is back to its old habits: Elevated inventory levels are leading automakers to increase incentive packages to drive demand.
Toyota, Nissan, and Honda collaborate on AI and hardware for software-defined vehicles, accelerating innovation and lowering development costs.
As the company rehires Supercharger staff to meet its $500M network expansion goals and drive future EV adoption, we ask why they were fired in the first place.
V makers are expanding production into more affordable models and acquiring autonomous driving technologies while hybrid sales help traditional carmakers through the transition.
OpenAI and Microsoft are sued again for using newspaper content without permission. Conflicts between creators and Big Tech intensify as AI adoption grows.
Mercedes-Benz and Lamborghini launched luxury EVs, intensifying competition as Tesla shifts focus to affordability amid challenges in the premium market.