Automotive

Does customer experience trump advertising? That's the question being asked in the wake of Ford CEO's recent comments.

Uber and Waymo partnership could transform autonomous trucking: Moving past a years-long court battle, the companies are combining their strengths, following a recent trend in tech partnerships.

EVs gaining ground: Despite a more cautious Q2 for many industries, electric vehicles are one segment seeing momentum beyond just the segment leaders. Here is a roundup of the latest EV developments.

Ammonia-powered zero-emissions tractors in development: Developing alternative energy sources could ease the dependence on gas and diesel sources. With EVs, ammonia, and automation, farmers’ options are expanding.

Ford could follow Tesla’s lead eschewing transitional advertising for EVs: The move could dramatically impact media platforms—but will other EV makers follow suit?

EV flying taxis are taking off: We could see the first services in the air by 2025 as startups and established companies wrestle for large ride-sharing contracts in the busiest cities.

Honda’s Prologue SUV ushers in its EV transition: The second-largest Japanese carmaker is leaning on American technology to jumpstart its wider electrification efforts with a SUV it designed in VR.

The factory has eyes: Startup Invisible AI will deploy its computer vision analytics system in all of Toyota’s factories in North America. But the unprecedented insight could have some downsides.

High-speed, low voltage charging could be an EV game-changer: VW and BP’s chargers can be installed where higher voltage is not available, making them a viable retrofit option for petrol station

Chip factories could see delays: Now it’s the tools used to build chip fabs that are facing shortages. As new factories are delayed, the chip shortage will continue into 2024, resulting in scarcity and price hikes.

Elon Musk and Twitter agree to $43.4B buyout: Musk hopes to take Twitter private with less content moderation and more free speech but will need to consider ramping up advertising to cover debt financing costs.

Close to half of US adults believe widespread use of driverless cars would be bad for society. Meanwhile, 26% think it’d be good for autonomous vehicles to rule the roads, and 29% aren’t sure.

Didi moves to delist from NYSE as it awaits verdict on penalties: Once considered China’s most successful startup, the ride-hailing company’s fate could lead to investors shifting away from Chinese tech stocks.

TSMC’s founder says US chip efforts are doomed: Former CEO Morris Chang cites lower overseas labor costs and high manufacturing costs but fails to mention savings on importation and transportation.

Add robotaxis to the list of upcoming Tesla products: Struggles with fully autonomous driving, delivering on schedule, and safety are huge roadblocks to Tesla’s robotaxi flex.

Tesla buyers paying more for less: Teslas are increasingly more expensive and now charging cables aren’t even included with new cars. Unpopular changes may lead to buyers considering competitors.

Hyundai’s NFT project is at odds with sustainability goals: The automaker is diving into NFTs as the craze is dying down.

TSMC’s resilience leads to record revenues: The leading chip manufacturer now has the opportunity to seize more market share as competitors falter in the face of lockdowns.

Hertz on track to electrify fleet by diversifying EV suppliers: Polestar fills Tesla’s gaps and may attract other manufacturers to help Hertz reach its goal of half a million rental EVs.

Coronavirus lockdowns in China have global repercussions: The ripple effect of Chinese factory shutdowns will be felt far and wide while businesses are forced to adjust expectations.