KYOTO - Nidec President Mitsuya Kishida has said the major Japanese motor maker will suspend business acquisitions for the time being to focus its efforts on reconstructing the firm rocked by accounting and product quality fraud. Business acquisitions have been a growth driver for Nidec, based in Kyoto. "I will work on rebuilding our company's governance system," Kishida said in an interview Friday, showing a plan to spend ¥130 billion over five years on measures to prevent irregularities. A panel of outside experts that investigated the accounting fraud has concluded that excessive pressure from Nidec's founder, Shigenobu Nagamori, on company staff to meet performance targets was among the factors behind the irregularities. Pointing out that Nidec had "a corporate culture to pursue short-term profits," Kishida said, "We will build a system that makes it impossible to commit irregularities regarding accounting and product quality control." On future business management, he said, "We will review our operations, including the possibility of ceding what we have in our group to partner entities," suggesting that consolidating some of its existing operations could be an option.

The new Ferrari Luce, the brainchild of iPhone designer Sir Jony Ive, is unlike anything the Italian carmaker has ever created - so is the backlash it is facing. Its launch was such a big deal that Italian President Sergio Mattarella and Pope Leo were invited to view the luxury brand's first electric vehicle (EV). But internet critics, investors and even politicians have hit out at the Luce - which is Italian for light. The firm's shares fell 8% the day after the unveiling, as a host of memes mocked the $640,000 (£475,625) car, which is also its first five-seater. It comes as the global motor industry faces a number of major challenges, including fierce competition from Chinese carmakers.

Is the Ferrari Luce's Design Really That Bad? 3 Italian Auto Experts Weigh In The first electric Ferrari is already this year's most divisive car. We asked three Italian auto industry professionals to explain where the EV's design makes sense, and where it doesn't add up. The Ferrari Luce, the first electric vehicle in the brand's history, has generated heated discussion online, as comments and opinions about the design continue to bounce around the web. The Luce, an electric sedan with a $650,000 price tag that Ferrari presented with pomp and circumstance at the Quirinale in Rome on Monday, has paid dearly for its coming out from behind the curtain. Since Monday, the automaker has been suffering an avalanche of complaints and skepticism about the Luce.

BYD debuts China's most advanced EV chip in smart-driving push BYD on Thursday unveiled what it calls China's first automotive-grade 4-nanometer chip for self-driving cars. BYD, the world's largest electric vehicle maker, unveiled a series of technology advances, including what it calls China's first automotive-grade 4-nanometer chip for self-driving cars. The semiconductor breakthrough approaches the lead of Chinese tech giant Huawei Technologies, which currently makes chips with a geometry of 7 nm but has pledged to debut 1.4 nm chips by 2031. It's designed to allow BYD's computer-assisted driving to stand out from a crowded Chinese EV market that includes rivals such as Xpeng and Xiaomi. Facing eight months in a row of falling sales and intense competition for more advanced charging and intelligent driving technologies, BYD is looking to spark more demand for its vehicles.

We study the subclass of potential mean-field games in which the running interaction cost and the terminal target cost are both expressed through reproducing-kernel maximum mean discrepancy (MMD) penalties, and develop a computational framework that exploits this kernel structure. Both costs are estimated from finite-sample empirical distributions using a random Fourier U-statistic representation that is unbiased and has linear cost in the batch size. The drift of the controlled diffusion is parametrized by a neural network and trained via stochastic gradient descent. For this subclass we prove a sample-level almost-sure convergence theorem and an explicit almost-sure rate of convergence, under coupled rate conditions on the penalty parameter, the random-feature count, the sample size, and the optimization tolerance. The framework includes the kernel-MMD-penalty Schrödinger bridge problem as the special case of a vanishing interaction cost. Numerical experiments illustrate the method on the Schrödinger bridge problem in dimensions up to one hundred, and on an electric vehicle charging coordination problem with per-vehicle physical heterogeneity, where an aggregate-demand congestion cost represents price-feedback competition at the population level and the terminal MMD penalty shapes the state-of-charge distribution at the deadline.

LinkerBot makes dexterous robotic hands for as little as $600. It wants to become the standard for humanoids and automated factories--and eventually replace human labor altogether. If you could buy a humanoid robot for less than a smartphone, would you? Would you buy several robots to handle cooking, cleaning, babysitting, and even your job? This is the pitch being made by Zhou Yong, the 40-year-old founder and chief technology officer of LinkerBot, one of China's leading manufacturers of dexterous humanoid hands.

The pale-blue Ojai vehicles will start picking up members of the public in California and Arizona today. Starting today, Alphabet self-driving vehicle developer Waymo will start picking up members of the public in its new Ojai vehicles (pronounced "oh hai")--pale blue boxy minivans studded with sensors and complete with steering wheels, even though they're designed to travel without drivers. For now, the rides in these new cars, which can be summoned through Waymo's app, will be free. It's been a long road for the vehicle, first announced by Waymo in 2021 and tested on public streets since 2024. It's also a weird time for Waymo: The self-driving-vehicle company, which is trying to expand quickly across the US and the world, shut down service in six US cities last week due to issues with how its vehicles react to flooding.

The world's carmakers are struggling to compete with China Global carmakers are facing a reckoning as US, European and Japanese brands lose ground to Chinese rivals setting the pace not only in electric vehicles, but also in batteries, design and software. The BBC visited factory floors in Beijing and Hefei on the sidelines of Auto China 2026 - the world's largest car show - and found striking levels of automation and software development speed, leaving foreign brands that once dominated the Chinese market struggling to keep up. We have no chance against this, Honda chief executive Toshihiro Mibe told Japanese media after visiting a highly automated factory in Shanghai. Ford chief executive Jim Farley has also warned that Western carmakers, are in a fight for our lives as Chinese rivals expand globally. After decades spent investing in joint ventures with Chinese partners to build vehicles, foreign carmakers are now changing the nature of those partnerships to stay competitive.

Best Power Banks Best Smart Rings Routers vs. Modems Choose the Right Laptop Smart Sprinklers Deals Delivered But This Is Why It's Heartbreaking Designed by Jony Ive and a host of ex-Cupertino colleagues, the Luce shows us what might have been had Apple made good on its $10 billion bet. You know things are bad when the Pope gets involved . No doubt reeling from a launch that somehow went down even worse than Ferrari itself anticipated, the Italian carmaker sought to get the endorsement of none other than His Holiness Pope Leo XIV for its first EV, the Luce. Guided by Ferrari chairman John Elkann and senior Ferrari executives, in a hillside town about 15 miles southeast of Rome, the pontiff sat in the driver's seat and listened patiently as test driver Raffaele De Simone explained the vehicle's controls and driving modes as if he really was speaking to a man clearly in the market for a 1,000-horsepower electric car capable of hitting 62 mph in 2.5 seconds. Meanwhile, as Pope Leo was no doubt pondering how the Luce could boast one of the largest batteries in any production EV yet still only manage a maximum 329 miles, or how an accelerometer on the rear axle somehow worked like a guitar pickup to create in-cabin sound like an "instrument," the market was speaking.

Best Power Banks Best Smart Rings Routers vs. Modems Choose the Right Laptop Smart Sprinklers Deals Delivered The company is mapping Alexandria and, soon, Arlington--right across from the power center of Washington, DC. Self-driving cars aren't yet permitted to operate in Virginia. But Alphabet-owned Waymo began transporting its cars to the state last week, a Waymo representative told Virginia officials, to map Arlington and Alexandria, in the northern part of the state. For most autonomous vehicle companies, mapping, or the creation of sensor-aided and ultra-precise digital representations of streets and the features around them, is the first step required to launch a local robotaxi service. Drivers will operate the mapping vehicles for now, Waymo says.