Technology
Electric vehicle giant Tesla Inc. (NASDAQ:TSLA) is facing mounting competitive pressures from Chinese rivals who are quietly eating into its market share, both in China and Europe. One of the company’s most prominent rivals is Xpeng Inc. (NYSE:XPEV), which has been on a tear over the past year, running circles around its U.S.-based competitor. Xpeng…
The age of IT having unchallenged control over enterprise communications ended with the dawn of mobile phones. Today, evidence of this dependence is overwhelming. A Samsung survey reveals that nearly 80% of respondents believe employees cannot work effectively without a mobile phone, and three-quarters say mobile devices are essential to workflows. This means large swathes…
The rise of the Chinese EV manufacturers has been astounding, with Chinese EV manufacturers responsible for 70% of global EV production in 2024. Many of the companies leading this charge did not start as car manufacturers, including the largest producer of EVs in the world today, BYD, established in 1995 as a battery manufacturing company,…
Market Overview In 2024, Australia’s electric vehicle (EV) market was valued at roughly USD 16.2 billion. By 2033, the market is expected to reach USD 171.6 billion, growing at a CAGR of 30.00% between 2025-2033. The market covers battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and includes segments by price category, propulsion…
EV Telematics Control Systems Market Forecast and Outlook (2025-2035) The EV telematics control systems market is valued at USD 4,389.1 million in 2025 and projected to reach USD 7,640.6 million by 2035, advancing at a CAGR of 5.7%. Regulatory impact plays a decisive role in shaping this trajectory, as compliance requirements and government incentives directly…
TThis is inevitable as new technologies like augmented reality (AR) glasses and virtual reality (VR) devices reshape how people communicate and interact digitally. Zuckerberg highlighted that future devices will be more immersive, enabling users to experience the internet and social interactions in a completely new way, without the need for traditional smartphones. The shift is…
OpenAI is releasing a stand-alone social app for making and sharing artificial intelligence-generated videos with friends, an attempt to supercharge adoption for the emerging technology just as ChatGPT did for chatbots three years ago. The free Sora app, available from Tuesday by invitation, is powered by a new version of OpenAI’s video-making software of the…
Government’s £1 million Regional Tech Booster programme gets underway to support tech businesses and founders, and grow local tech ecosystems The projects across Scotland, Northern Ireland, Wales and England will boost tech growth, and create more jobs and opportunities for people and communities outside London A series of investment events will also take place, connecting…
Suzuki Motor Corp. unveiled its first electric vehicle under its strategy to finally compete in the EV market. The minivehicle maker intends to introduce six electric models in Japan by the business year ending in March 2031. Called e Vitara, the sports utility model is smaller than electric SUVs released by other companies. The lineup…
Nothing is stepping into the AI spotlight with a new experiment it’s calling Essential Apps and Playground, two features designed to make your phone feel more flexible, personal, and, at least in theory, smarter. While Carl Pei, the company’s founder, talks about this as the start of an “AI OS” in an interview with The…