In five years, AI will be ‘human,’ says Jensen Huang, CEO of Nvidia
Jensen Huang, the founder and CEO of Nvidia, a global leader in the production of artificial intelligence processors (AI chips), made a remarkable prediction at an economic forum held at Stanford…
Tesla retreats from next-generation ‘gigacasting’ manufacturing process
By Norihiko Shirouzu and Giulio Piovaccari AUSTIN, Texas (Reuters) – Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources…
Tesla casts doubt on the quest for a Model T of EVs
By Joseph White DETROIT (Reuters) – Henry Ford democratized car ownership with his ultra-cheap, mass-produced Model T, and Elon Musk once promised to do the same for electric cars with…
Xiaomi set for plunge into EVs at a tricky time for China autos
By Sarah Wu and Yelin Mo BEIJING (Reuters) – China’s Xiaomi will launch its highly anticipated electric vehicle (EV) on Thursday when it will reveal its pricing and start taking…
China’s Xiaomi to start deliveries of its first EV model, shares soar
By Sarah Wu, Casey Hall and Qiaoyi Li BEIJING (Reuters) – China’s Xiaomi said on Tuesday it will start deliveries of its first electric vehicle (EV) model SU7 this month,…
US says to investigate national security data risks from Chinese vehicles
By David Shepardson WASHINGTON (Reuters) – The White House said on Thursday the United States is opening an investigation into whether Chinese vehicle imports pose national security risks and could…
Indonesia issues more tax incentives for EV sales
By Fransiska Nangoy JAKARTA (Reuters) – Indonesia has announced new incentives to encourage sales of locally produced and imported electric vehicles (EVs), in its latest bid to boost take-up of…
Xiaomi says India’s scrutiny of Chinese firms unnerves suppliers
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) – China’s Xiaomi has told New Delhi that smartphone component suppliers are wary about setting up operations in India amid heavy…
Tesla asks which jobs are critical, stoking layoff fears
By Nilutpal Timsina (Reuters) – Tesla managers have been asked whether each of their employees’ positions were critical, stoking layoff fears in the company, Bloomberg News reported on Wednesday. Tesla…
Tesla warns of slowing growth before new model launch next year
By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla expects to start production of its next-generation electric vehicle at its Texas factory in the second half of 2025, Chief Executive…