Future GM EVs won’t support Apple CarPlay or Android Auto, placing the burden of choice on consumers. Locking people out of their smartphone connections could backfire.
To counter a 20% YoY drop in sales, Ford discounts its EV Mustangs. In the crowded EV market, competitors can stand out with lower prices or longer range.
GM cancels its best-selling EV, the Chevy Bolt, while Tesla slashes prices to accelerate sales. Intensifying competition could be the opportunity for consumers to switch to EVs.
The partnership trend will begin yielding batteries for carmakers by 2026 and could intensify competition to meet future EV demand.
Upstarts in China and traditional automakers in the US are forcing Tesla to discount existing inventory. How the EV leader responds could determine whether it maintains its position.
US updates list of EVs that make the tax credit cut: Fewer model choices and lack of affordability reduce the effectiveness of government efforts to increase EV adoption.
China still has some clout as the biggest chip market in the world, and the restrictions could spur competition and growth in domestic semiconductor production.
The city is giving robot dogs a second chance as it finds new ways to integrate emerging technology into policing. Could this be the big break needed to push mass adoption?
GM's Chevrolet Bolt was the best-selling EV in the US in Q1, while Ford's sales were hurt by production disruptions at its Mexico plant and Tesla built more cars than it could sell.
EV prices could fall even more this year: Lithium sticker shock has eased, which means cheaper batteries and more affordable EVs. But Earth’s limited mineral resources could thwart full electrification.
San Francisco sees a rise in other vehicles hitting AVs and drivers fleeing the scene with little fear of being caught. Technology alone cannot solve this issue.
Absence of major sporting events, decreasing cable audiences are a bad sign for traditional TV: US TV ad revenues will drop 4.4% this year, S&P Global Ratings predicts.
As controversy mounts, Lockheed exits deep-sea mining: By selling its UK Seabed Resources subsidiary, Lockheed may have kneecapped the nascent industry. Expect more focus on lunar and asteroid exploration.
US automotive industry saw a 66.8% decrease in TV ad spend: fewer Super Bowl ads contributed, though cheaper ads could attract more dollars in coming months.
Insufficient AV safety testing keeps regulators blind: Autonomous semi-truck manufacturers could sacrifice jobs for lower logistics costs but truck safety ratings are still unknown. Independent research is needed.
ChatGPT as infotainment: GM hopes interest in generative AI and connected cars will make its ChatGPT integration pay off. Monetization difficulties and public distrust in AI could thwart the plan.
GM can’t afford workers and EVs: It’s offering the bulk of its US salaried employees voluntary severance. We can expect inflation, high interest rates, and automation to weigh on industry jobs.
TSMC hiring thousands while rest of chip industry cuts back: The Taiwanese chip giant will take its competitors’ talent to augment its expertise and could alter the global technology landscape for years to come.
The great big Tesla sale of 2023: The EV pioneer is resorting to discounts to sustain sales momentum while its new models are delayed. Meanwhile, safety recalls and growing competition could become unstoppable challenges.
Musk in hot water over Autopilot again: Shareholders are taking legal action against Tesla’s CEO over alleged self-driving fraud. Consumer trust, gen 3 sales, and future investments are at stake.