Geely Auto chairman Li Shufu told the Chongqing Auto Show on Friday that the company will assess excess capacity across all its units and determine whether to close, suspend, merge, or sell redundant production facilities. The announcement signals a strategic pivot for China’s second-largest carmaker, which has been locked in a fierce domestic battle with […]<br /> This story continues at The Next Web [...]
Chinese EV maker BYD is pretty much the king of EVs in the country, even challenging Tesla in the country. Yesterday, in a company livestream, founder Wang Chuanfu claimed that the company will make a [...]
Industrialized factories changed how the world produced physical goods: more output, lower costs, faster than anything that came before. Now a similar shift is happening with software. LLMs have lowe [...]
BYD may be known for its affordable all-electric cars, but that doesn't mean it won't dabble in the occasional hypercar under one of its subsidiary brands. Through its Denza subbrand, BYD un [...]
Ford and Geely announced a manufacturing joint venture on Thursday that will produce electric vehicles at Ford’s plant in Valencia, Spain. Ford will own 66% of the venture, Geely 34%. Pending regula [...]
On a recent work trip, I had plenty of things to worry about — but being able to recharge my two smartphones, laptop and iPad were not among my concerns. In my carry-on luggage, I had two medium-cap [...]
Nvidia on Monday took the wraps off Vera Rubin, a sweeping new computing platform built from seven chips now in full production — and backed by an extraordinary lineup of customers that includes Ant [...]
Brits bought 384 Chinese-made vehicles in 2015. Last year, they bought 285,000, according to automotive consulting firm Mobility Global. The growth is accelerating. BYD nearly doubled its UK sales in [...]