1. Tesla halts importing Model S and X in China as buyers balk at tariffs Tesla has stopped accepting orders to ship Model S and Model X electric vehicles (EVs) to China, as the former bellwether of the country’s vehicle market has borne the brunt of the tit-for-tat tariff war between the US and China. 2. Xpeng eyes Toyota’s Alphard, Europe sales with its X9 electric MPV Xpeng aims to start selling the new X9 in Europe from the second half of this year. Photo: Sun Yeung Chinese premium electric vehicle maker Xpeng introduced the latest version of its X9 multipurpose vehicle for the local market and aimed to launch it in Europe from July as part of its drive to quadruple its sales in export markets. 3. Alibaba steps up AI adoption in auto industry with Nio, BMW deals Alibaba Group Holding is stepping up the commercialisation of its artificial intelligence (AI) technologies in the automotive industry, with new deals and reported cooperation with several major players in the industry. 4. China’s CATL joins with Sinopec to build EV battery-swapping network A sign of battery manufacturer CATL is pictured at its booth at the Beijing International Automotive Exhibition in Beijing on April 25, 2024. Photo: Reuters Contemporary Amperex Technology (CATL), the world’s largest electric vehicle battery producer, plans to ramp up construction of battery-swapping stations across mainland China after it reported a 33 per cent profit jump. 5. China’s auto-parts makers could face biggest risk from tariff war fallout An assembly line inside an electric vehicle (EV) factory owned by Li Auto in Changzhou in eastern Jiangsu province. Photo: Xinhua China’s automotive industry, a bright spot in the world’s second-largest economy, remains exposed to an escalating US-China tariff war, with component manufacturers likely to bear the brunt of the trade fallout, analysts said. 6. China’s lidar sensor firms Hesai, RoboSense stand to gain after fatal EV crash China’s leading lidar sensor makers Hesai Group and RoboSense Technology stand to benefit in the aftermath of a fatal accident involving autonomous driving as safety-conscious consumers become more aware of their technologies, analysts said. 7. Xpeng to use own Turing AI chip to power its self-driving cars this quarter CEO He Xiaopeng will unveil Xpeng’s 2025 X9 at the Kai Tak Cruise Terminal in Hong Kong on Tuesday. Photo: Sun Yeung Chinese electric vehicle maker Xpeng has ramped up development of its own artificial intelligence chip to power its semi-autonomous cars, with a first mass production model to be fitted with the Turing chip from as early as this quarter.
Liked by Justin Clark, Connor Scott
Liked by Justin Clark, Connor Scott
Liked by Justin Clark, Connor Scott
