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.
Hyundai stops advertising on X after an ad appears next to offensive content: Company joins other brands leaving platform due to increased hate speech.
Tesla recalls 3,878 Cybertrucks for defective accelerator pedals amid layoffs and sales slump, raising safety and leadership concerns.
14,000 jobs are affected by its 8.5% YoY drop in Q1 deliveries amid intense competition and market shifts. Layoffs could continue unless the company refocuses on its core business.
On today's podcast episode, we discuss the takeaway's from this years March Madness NCAA basketball tournaments, what's most fueling a revolution in women's sports, who will rule the new pay TV world by 2026, the likelihood that sports betting faces a reckoning in the next 12-months, the best-selling cars in America, and more. Tune in to the discussion with our forecasting writer Ethan Cramer-Flood, forecasting analyst Zach Goldner, and director of forecasting Oscar Orozco.
Post-pandemic, China’s economy, including its retail sector, faces a pivotal moment. On one hand, all travel restrictions have been removed. But on the other, consumption has been dragged down by a deflated property sector and high youth unemployment, among other difficulties. For brands and retailers, the conundrum has created nearly unprecedented challenges to growth.