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.

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.

EASE Logistics and Einride are deploying cab-less electric autonomous trucks on public roads in Marysville, Ohio this summer to move freight between warehouse locations.

Samsung Electronics is the world's biggest supplier of the memory chips that go into everything from smartphones and electric vehicles to servers at artificial intelligence data centers. Samsung Electronics union members have voted in favor of a compensation deal that will hand chip workers an average bonus of about $340,000, staving off a strike that threatened to disrupt global chip supply. The company's largest union said the deal was signed after about 74% of its members voted in favor of the agreement. Workers accepted a wage proposal that was tentatively agreed by labor leaders last week, just 90 minutes before a planned strike at the world's largest memory chipmaker. Samsung's shares rose as much as 8% in Seoul on Wednesday.

After the Trump administration turned away from electrification, two of the nation's biggest governments will advocate for more electric vans, police cars, and eventually, snowplows. New York City is not a car town. But pay attention as you walk, bike, or, sure, drive around the country's most populous city, and you might notice a car trend: an increasing number of its vehicles are electric . The city government operates some 5,800 EVs, plus 4,700 hybrid vehicles--Parks Department pickups, Police Department crossover SUVs, school buses, paramedic response vehicles, even some hulking garbage trucks. A local law requires the city to transition its entire light-and medium-duty fleet to batteries by 2035 and its trucks by 2038.

It's now one of the 10 countries where (supervised) FSD is now available. Tesla's Full Self-Driving (FSD) driver-assistance system is now available in China . In a post on X, Tesla listed China as one of the 10 countries wherein FSD is already available. The company is, of course, talking about the supervised version of the technology, seeing as unsupervised FSD is still not available to the public. On Tesla's Chinese website, the company lists intelligent assisted driving as an add-on option for Tesla Model 3. It will cost customers in the country a one-time fee of 64,000 yuan ($9,410) on top of the vehicle itself.

Ford and GM are backing away from electric vehicles and moving into the battery storage business. And it all comes back to AI. Automakers make cars--it's in the name. But lately, politics, current events, and Wall Street's latest preoccupation, artificial intelligence, have them looking a lot more like energy companies. The pivot, analysts say, could give US auto manufacturers struggling through a transition to electric vehicles an easier path over the next few years. Whether it works will come down to the same technology that automakers once promised would power the majority of their lineups: batteries .

Japanese car giant Honda made its first annual loss in 70 years as its investments in the electric vehicle (EV) market failed to pay off. Demand for EVs has not been as strong as the company forecast, with Honda reporting a total operating loss for the year ending March 2026 of ¥423bn ($2.68bn: £1.99bn.). The firm said it was scrapping some of its EV production targets and would source parts from China, where prices are lower, to keep costs down. It cited changes in US policy as adding to its losses, including tax incentives having been taken away for US consumers purchasing EVs, and the imposition of tariffs. US consumers could previously receive up to $7,500 (£5,500) in tax credits if they purchased a new EV, but this was scrapped by President Donald Trump in September 2025.

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