William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the tall 46-year-old happily obliges with a smile. Li manages to spoon a small amount of fried rice and vegetables onto his plate, but he's not here for the food. Over the next three hours, Li poses for hundreds more photos, chatting with customers of the automaker he started just over six years ago and has built into a way of life -- at least for the people who buy his cars -- with clubhouses, a round-the-clock battery recharging service and even clothing, food and exercise equipment, all decked out in Nio's geometric logo. As Li works the room, a video backdrop shows six performers, each wearing a different-colored Nio hoodie, singing a self-composed song dedicated to the company.
China is shaping up to be the first real test of Big Tech's ambitions in the world of carmaking, with giants from Huawei Technologies Co. to Baidu Inc. plowing almost $19 billion into electric and self-driving vehicle ventures widely seen as the future of transport. While Apple Inc. has long had plans for its own car and Alphabet Inc. has Waymo, its autonomous driving unit, the size -- and speed -- of the move by China's tech titans puts them at the vanguard of that broader push. The lure is an industry that's becoming increasingly high tech as it pivots away from the combustion engine, with sensors and operating systems making cars more like computers, and the prospect of autonomy re-envisioning how people use will them. As the world's biggest market for new-energy cars, China is a key battlefield. Established automakers like Volkswagen AG and General Motors Co. are already slogging it out with local upstarts such as market darling Nio Inc. and Xpeng Inc.
Chinese technology giant Baidu Inc (9888.HK) expects to supply its Apollo autonomous driving system to 1 million cars in the next three to five years, a senior company executive said on Monday. Li Zhenyu, senior corporate vice president at Baidu, made the remarks at the 2021 Shanghai motor show. Baidu established its autonomous driving unit Apollo in 2017. The unit mainly supplies technology powered by artificial intelligence and works with automakers such as Geely (GEELY.UL), Ford Motor Co (F.N) and GAC (601238.SS). In January, Baidu said it would set up a company with Geely to make smart electric vehicles (EV), which will count on Baidu's intelligent driving capabilities and Geely's car manufacturing expertise.
Tesla plans to have a fleet of robotic taxis roaming the streets without drivers next year, Elon Musk has said. The claim is just the latest in a series of exciting pronouncements from the chief executive, who has repeatedly missed his own targets. But he has bet a considerable part of his business on the technology underpinning it. As well as allowing for the robot taxis that will drive themselves around the streets, Mr Musk says that by next year there will be a million Tesla cars on the streets that have full autonomous technology and are able to drive themselves. We'll tell you what's true.
Elon Musk has revealed his Neuralink startup is close to announcing the first brain-machine interface to connect humans and computers. The entrepreneur took to Twitter to tell followers the technology would be "coming soon" – though he failed to provide details. Neuralink was set up in 2016 with the ambitious goal of developing hardware to enhance the human brain, however, little about how this will work has been made public. We'll tell you what's true. You can form your own view.
Police have apprehended a would-be car thief after the Tesla he was attempting to steal alerted its owner to suspicious activity. The electric vehicle's Sentry Mode sent a notification to owner Jed Franklin via the Tesla smartphone app after one of the back windows was broken into while the car was parked in San Francisco. Cameras positioned on the Tesla Model 3 allowed Mr Franklin to record the suspect, both during the incident and in the moments leading up to it. We'll tell you what's true. You can form your own view.
Tesla has reported its biggest ever drop in vehicle sales in the company's history. The electric car maker revealed the first quarter of 2019 saw 31 per cent less sale deliveries than the previous quarter, representing a fall of nearly 30,000 vehicles. It is the first time in nearly two years that Tesla has experienced a quarter-to-quarter sales decline but still represents a significant increase from the first quarter of 2018. We'll tell you what's true. You can form your own view.
Apple appears to be broadcasting eerie footage from inside of its own headquarters, hours before one of its biggest events in years. Tim Cook and other senior Apple staff are set to take to the stage in Apple's own Steve Jobs Theater later today, announcing the company's new products. Unlike previous events, it will not be releasing hardware or software, but instead showing off new subscription services that allow people access to films, TV and news. That event is set to be livestreamed through Apple's own website. And that video appears to have already begun: with strange footage from inside the theatre itself.
It has taken 10 years, but Elon Musk has finally got to the punchline. The Tesla CEO has revealed the company's new car: the Model Y, the last part of one of Mr Musk's many long term plans. It means that the company now makes the Model S, Model 3, Model X and Model Y. Parked next to each other, the model numbers spell out S3XY. We'll tell you what's true. You can form your own view.
They were ineligible to be looked at by the Genius Bar, for instance, meaning that getting a battery replacement could mean passing up the chance for any other service work. That was the case even if the problem was with another component and not the battery, meaning that the entire phone would be banned from repairs just for having a third-party battery. We'll tell you what's true. You can form your own view. But a new note seen by Macrumors shows that Apple Stores and Apple's approved service providers will be able to fix those phones.