Friday, February 23, 2024

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Nio testing use of humanoid robots on factory production line

Humanoid robot maker UBTech showed its Walker S robot working on an assembly line at a Nio factory in a video. Nio (NYSE: NIO) is...

Price war in China’s passenger car market to remain fierce in 2024, says CPCA secretary-general

The process of new manufacturers replacing old ones in the process of establishing a new market order will likely continue for several years until...

CES 2024 Showed that the Future of Cars will be Defined by AI

IDTechEx's new report, highlights the biggest changes coming to cars over the next ten years. Electrification will change what powers cars, and automation will...

Will Fuel Cell Vehicles Succeed and What It Would Take?

The sales of hydrogen fuel cell cars have largely stalled from 2021 onwards, but does this mean there is no market for fuel cell...

Vehicle Dependability Slumps as Rate of Deterioration Increases

Vehicle owners are experiencing lower levels of vehicle dependability after three years of ownership, according to the J.D. Power 2024 U.S. Vehicle Dependability Study...

EV Development Faces New Challenges, Porsche CFO Suggests Delay in European Ban on New Fuel Cars

Porsche’s Chief Financial Officer Lutz Meschke has stated in a media interview following the conclusion of the Macan EV unveiling on January 25, 2024,...

Global and China Automotive Operating System (OS) Industry Review 2023-2024

Chinese operating systems start to work hard In 2023, Chinese providers such as Huawei, Banma Zhixing, Xiaomi, and NIO made efforts in operating system market,...

Global Annual Unit Sales of V2X-Connected Vehicles Set to Exceed 60 Million Vehicles by 2034

China is set to add 30 million new V2X-enabled vehicles to the road every year by 2034, according to IDTechEx, as part of a...

Hyundai Faces Challenges in Obtaining Electric Vehicle Tax Credits in the United States

Negotiations between Hyundai Motor and the U.S. government concerning tax incentives for the Korean automaker’s USD 5.5 billion EV plant in Georgia have yet...

EU Critical Raw Materials Act: Ambitious Targets to Secure Supply

Demand for Li-ion batteries continues to grow in sectors such as electric vehicles, stationary energy storage, and consumer electronics. IDTechEx estimates that in 2023,...

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