Nio’s Onvo Brand Helps Spur Delivery Growth With Cheaper Offering
Nio Inc launched its lower-priced EV brand Onvo in May this year. The brand started selling its first vehicle- the Onvo L60- in late September. read more
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AI Smartphones To Cushion Semiconductor Industry Amid Data Center Uncertainty: Report
AI-enabled smartphones could offset slowdown in data center investments, reportedly says Advantest CEO. Fluctuations in data center spending could disrupt semiconductor supply chain. read more
BYD Contractor Denies Allegations Of ‘Slavery-Like’ Working Conditions At Factory Site In Brazil
BYD Co Ltd’s contractor Jinjiang Group on Thursday said that the Brazilian authority’s portrayal of its employees working at the Chinese EV giant’s factory in Brazil as “enslaved” is “completely inconsistent with facts.” read more
Alibaba Nears $4B E-Commerce Merger With South Korea’s E-Mart: Report
Neither Alibaba nor E-Mart has commented on the matter yet. read more
Peter Thiel Once Said He Would Bet On The Reversal Of Silicon Valley’s Math Bias As AI Continues To Rise: ‘Isn’t That A Long Overdue Rebalancing Of Our Society’
Peter Thiel, former PayPal CEO, suggested that the rise of AI could reduce the societal emphasis on math proficiency, leading to a long-overdue rebalancing in how abilities are valued. read more
Tesla Or BYD: Which EV Giant Will Sell More Battery Electric Vehicles In Q4?
BYD Co Ltd overtook Tesla Inc in Q4 2023 as the world’s biggest battery electric vehicle seller. Tesla, however, took back the title in Q1 2024 and has been holding on to it since. read more
‘Stressed’ Amazon Driver Dumps 80 Packages In Massachusetts Woods Amid Christmas Holiday Rush
The driver’s identity remains undisclosed, and the police department has closed the case without further action. read more