Germany's once-dominant automotive sector is facing its most profound reckoning in decades, shedding over 52,000 jobs — a 6.7% decline — in the past year alone, according to fresh data released by Destatis. Since the onset of the Covid-19 pandemic in 2019, the broader industrial sector has cut a total of 245,000 positions, with nearly half of those losses concentrated in the auto industry, according to estimates by the auditing and consulting firm EY.
South Korea is moving to dramatically expand its "MyData" initiative—a personal data portability policy—beyond its current scope in healthcare and telecommunications. The government aims to include ten major sectors by 2027, including energy, transportation, education, and retail. Under the policy, individuals will have the right to transfer their personal data collected by one company to another, reinforcing consumer control over personal information.
Hesai Group, the world's top LiDAR maker, has filed with China's securities regulator to pursue a secondary listing in Hong Kong. The move comes months after rival RoboSense Technology's Hong Kong debut in January 2024, setting the stage for another major LiDAR player to tap Asian capital markets.
China's fiercely competitive auto market is entering a new phase of high-stakes rivalry, with two private-sector titans — Geely Automobile and BYD — locked in an increasingly intense battle for dominance.
As part of its broader effort to strengthen competitiveness in the next generation of vehicles, Hyundai Motor Group is accelerating its transformation toward software-defined vehicles (SDVs)—a shift that includes not only the development of in-car software platforms but also a strategic move toward in-house automotive semiconductor development.
Tesla's once-hyped Dojo supercomputer project—touted as a bold leap into custom-built AI infrastructure—appears to have reached a dead end. CEO Elon Musk confirmed via social media that the Dojo team has been disbanded, calling Dojo 2 a "dead end." However, he added that a potential "Dojo 3" could still emerge, possibly in the form of a single mainboard integrating a large number of AI6 system-on-chips.
Reports that Chinese automaker BYD may enter the Taiwanese market through indirect channels have sparked widespread debate, reflecting growing interest—alongside skepticism—toward Chinese electric vehicles (EVs). While some Taiwanese consumers are intrigued by the value proposition, many industry experts remain wary of potential safety and privacy risks.
Tesla's Dojo team has been disbanded—an announcement that has sent ripples through the tech industry. The decision to abandon Dojo in favor of Samsung for AI6 wafer fabrication suggests deeper shifts in Tesla's relationship with TSMC, which had previously been the exclusive foundry for the first-generation Dojo D1 chip.
As Western automakers wrestle with supply chain bottlenecks and regulatory shifts, China's electric vehicle (EV) manufacturers are rapidly carving out a dominant position on the global stage—powered by technology, pricing, and increasingly, strategy.
After years of defense, Japanese electric vehicles are mounting a quiet yet striking comeback in China—a market now dominated almost entirely by domestic players.
In a move that has reignited Taiwan's automotive and geopolitical debate, Chinese automaker BYD is reportedly seeking to enter the Taiwanese market by introducing its luxury EV brand Denza through a third-party distributor, Hong Kong-based Swire Motors. The revelation, first reported on August 5, comes weeks after earlier speculation that BYD might circumvent existing trade barriers via a third-country route.
A Florida court has ruled that Tesla must pay US$243 million in damages over a fatal crash that occurred in 2019, holding the automaker partially liable for the incident. The verdict, which assigns one-third of the responsibility to Tesla, has sent ripples through the auto industry—not just because of the hefty penalty, but because it challenges long-standing legal norms around Level 2 (L2) driver-assist technologies. Tesla has vowed to appeal.