Tag: asia
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Tesla will update its Autopilot software on around 285,000 vehicles in China because drivers are switching it on by mistake, a state regulator says
Tesla CEO Elon Musk walks in front of a Model Y image in Shanghai. Aly Song/Reuters Tesla will update software on about 285,000 vehicles in China, a state regulator said on Saturday. Autopilot software will be updated on some Model 3 and Y vehicles, Reuters reported. Drivers "easily activate the cruise control function by mistake,"…
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Huawei is not a carmaker. It wants to be the Bosch of China
One after another, Chinese technology giants have announced their plans for the auto space throughout the past couple of months. Some internet businesses, such as search engine provider Baidu, made a decision to recruit support from a conventional carmaker to create cars. Xiaomi, which makes its smartphones but has stressed for many years it’s a…
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Tesla mulls cars tailored to China amid mounting criticisms
Tesla is working on vehicles tailored to Chinese customers as complaints about the standard of its electrical cars send shock waves through the internet in the country. The American EV giant is mulling new products which are going to be designed from the ground up to get China, Grace Tao, a vice president in Tesla,…
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Alibaba vies for a piece of China’s booming EV market
There’s no lack of news these days on China’s tech giants teaming up with traditional carmakers. Companies from Alibaba to Huawei are striving to become relevant in the trillion-dollar auto industry, which itself is seeking an electric transition and intelligent upgrade as 5G comes of age. State-owned automaker SAIC Motor, a major player in China,…
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South Korea pushes for AI semiconductors as global demand grows
The South Korean government has made no secret of its ambition to be a key participant in the international artificial intelligence industry, including producing the semiconductors powering AI functionalities. Last week, the nation ’s communications and information technologies regulator announced plans to develop up to 50 kinds of AI -focused platform semiconductors from 2030,” Yonhap…
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Daimler-backed Momenta says its robotaxis will be fully driverless and profitable in 2024
In China and the U.S., there’s much debate about when and how humans will achieve fully autonomous robotaxis at scale — cars that chauffeur passengers under complex road conditions without safety drivers behind the wheel. Many pieces are needed to make this happen: mammoth amounts of test data, advanced algorithms, strong operational teams, big checks…
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Tokyo 2020 Organizers Head Back To Office Considering Scaled Back Games
By Retta Race on SwimSwam The next variant of the Summer Olympic Games is set for July 2021 at Tokyo, Japan, with the world’s international sporting event having been delayed a year because of the coronavirus pandemic. This a global, high-value event’s postponement might not end up being the sole change connected to the Tokyo…
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The Station: Starship expands, AutoX opens up shop and a big moment for e-bikes
Hello and welcome back to The Station, a weekly newsletter specializing in the future (and present) of transportation. I’m host, Kirsten Korosec, senior transportation reporter in TechCrunch. Everything you is a version of this newsletter, which is emailed every weekend. If you would like to subscribe, go here and click The Station. The transportation market…
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Opera and the firm short-selling its stock (alleging Africa fintech abuses) weigh in
Internet services firm Opera has arrived under a short-sell attack according to allegations of predatory lending practices with its fintech goods in Africa. Hindenburg Research issued a report claiming (among other matters ) that Opera’s finance goods in Nigeria and Kenya have run afoul of sensible consumer clinics and Google Play Store guidelines for financing…
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Tesla lands $1.4 billion from Chinese banks to build out its Shanghai gigafactory
Tesla has allegedly secured over $1.4 billion in financing in the form of loans from several Chinese banks so as to help fund the construction of its gigafactory in Shanghai. First Reuters and now Bloomberg reported that the funding as confirmed on Monday afternoon, with an official announcement to happen sometime this week. The loan…