13 September 2023
13 September 2023
The Chinese light vehicle market sales pace slowed slightly in July, according to GlobalData
Officials had said Tesla would invest $1bn which could rise to $5bn with component manufacturing
Eliminates need for individual deals between car makers and utilities
Rubber producing province's largest foreign direct investment
Navigates on urban roads and expressways without high definition maps
Led by former bosses of Argo AI and backed by SoftBank Group
Waste gas can be turned into hydrogen, electricity and water
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The middle class is expanding throughout several Asian nations, which has increased demand for linked and intelligent vehicles. Consumer demand for features like connected services, in-car infotainment, and ADAS has accelerated the development of connected vehicle technologies. APAC nations have made significant investments in enhancing their digital infrastructure, including the rollout of 5G networks, which help to provide dependable and quick communication between vehicles and the surrounding infrastructure.
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