China has surpassed Germany and Japan in the adoption of industrial robotics, according to the latest report by the International Federation of Robotics, reflecting the country’s efforts in pushing forward the use of automation technologies in manufacturing. China recorded 470 robots per 10,000 employees in 2023, up from 402 units a year earlier. The country…
While Tesla Inc. is grabbing the headlines, Xpeng Inc. has been the hottest electric vehicle stock over the past few months as investors rapidly warm to its product strategy. The company’s Hong Kong-listed shares have surged 93% from an August low, far outpacing gains in peers from Tesla to fellow Chinese EV maker Nio Inc….
The China Future Tech section provides readers with a one-stop homepage for tracking the latest developments and trends in the six sectors, which are chosen because of their implications for not only China’s economic and technology future, but also the country’s geopolitics and trade ties with the rest of the world. China Future Tech includes…
2 By Alexander Jones, International Banker “China and the United States have effectively switched places as the overwhelming leader in research in just two decades.” That’s the brutally honest assessment delivered by the Australian Strategic Policy Institute (ASPI) shortly after publishing its Critical Technology Tracker on August 28—an assessment that highlights just how far…
China’s “little giants” are at the vanguard of its next technological leap. The number of these small and medium-sized enterprises, nurtured under the 14th five-year plan to lead in advanced tech sectors, has exceeded the government’s target. The government aims to accelerate their growth further with expanded capital access. But their leap from innovation to…
Good morning. The S&P 500 rose to new heights just as corporate earnings season kicks into high gear. Tesla’s Optimus robots were actually operated by humans. And a pair of pandas are heading to Washington from China. Listen to the day’s top stories. Stocks jumped to a fresh peak, with the S&P 500 notching its…
This week, Tesla once again surprised the tech world when its humanoid robot “Optimus” flirted with the crowd during the unveiling of the company’s robo-van. The robots astonished the audience by not only wandering among the attendees but also speaking with a human-like accent, using modern slang, and incorporating verbal pauses as if they…
Tesla CEO Elon Musk has unveiled the company’s latest vehicle, the Cybercab, a fully autonomous self-driving car with no steering wheel, accelerator, or brake pedal. Musk showcased Tesla‘s latest innovations at the “We, Robot” event held at Warner Bros. Studios in Southern California. The spotlight was on the Cybercab, a self-driving taxi that he says…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email For a decade, Elon Musk has championed the idea that one day Tesla cars will drive themselves as robotaxis. On Oct. 10, Musk is expected to reveal a new vehicle built to operate as a dedicated robotaxi. Despite numerous missed deadlines, investors…
Elon Musk is on a mission to build new supercomputers. As the CEO of Tesla and his new artificial intelligence startup xAI, the tech titan has big plans for how artificial intelligence can help to supercharge his businesses. In January, he wrote on X that Tesla should be viewed as an AI/robotics company rather than…