Xpeng Motors is set to begin mass production of its in-house AI autonomous driving chip, “Turing,” in Q2 2025. Designed to reduce dependence on Nvidia, the Turing chip rivals the performance of Nvidia’s Thor (~700...
Lotus Cars is set to cut nearly 470 jobs in the UK — its second major round of layoffs in six months — as part of a restructuring aimed at boosting competitiveness and ensuring long-term...
Volvo Cars is preparing to halt U.S. sales of its China-built S90 sedan as escalating trade tensions between the United States and China — including steep new tariffs from the Trump administration — reshape the...
New tariffs on vehicles threaten to further entrench the economic divide in America, pricing out more working- and middle-class consumers than seen in recent times. According to industry research, U.S. vehicle sales could plummet from...
Chinese President Xi Jinping’s upcoming meeting with executives from BMW, Mercedes, and Qualcomm is not merely a diplomatic formality—it is an act of economic triage. As foreign direct investment in China plunges by 27.1% year-on-year—the...
The global economic order is shifting. The once-static boundaries between industries blur, and in this brave new world, the old titans of manufacturing find themselves under siege from forces they failed to anticipate. One of...