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Friday, November 15, 2024

The Obtain: China’s EV success in Europe, and ClimateTech is coming


That is right now’s version of The Obtain, our weekday e-newsletter that gives a every day dose of what’s occurring on the earth of expertise.

Meet Europe’s stunning best-selling Chinese language EV maker

China’s electrical car sector has been lavished with fame and a spotlight. However its international ambitions hit a roadblock this month when the European Fee launched an investigation into whether or not Chinese language-made EVs profit from extreme authorities subsidies. 

If the inquiry finds proof for this declare, which specialists say may be very possible, it may lead to elevated import duties for Chinese language-made EVs, which might possible make them much less aggressive in European markets. 

Lots of the Chinese language manufacturers which can be inflicting concern are well-known names in China, just like the established big BYD and the promising startup Nio. However there’s one identify within the combine you won’t count on—former British luxurious sports activities automobile maker MG. Learn the total story.

—Zeyi Yang

Zeyi’s story is from China Report, MIT Expertise Overview’s weekly e-newsletter supplying you with the within observe on all issues occurring in tech in China. Join to obtain it in your inbox each Tuesday.

If you happen to’re concerned about studying extra about China’s automobile sector, why not take a look at:

+ Europe is about to crack down on Chinese language electrical vehicles. The European Fee is about to launch an anti-subsidy investigation into Chinese language automakers. Right here’s what you might want to know concerning the possible impression.

+ From beneficiant authorities subsidies to assist for lithium batteries, right here’s how China managed to construct a world-leading trade in electrical automobiles.

+ China’s automobile firms are turning into tech firms. China has already gained the race to affect its automobiles. Now it’s pushing forward and including extra options and companies to draw new clients. Learn the total story.

+ A race for autopilot dominance is giving China the sting in autonomous driving. Electrical car makers and AI firms are taking Tesla FSD-like programs to China, however it’s nonetheless out of attain for many customers. Learn the total story.

ClimateTech is coming

How can we construct a sustainable, greener future? Subsequent week, MIT Expertise Overview is holding our second annual ClimateTech convention to debate the improvements accelerating the transition to a inexperienced economic system.

ClimateTech is going down on the MIT Media Lab on MIT’s campus in Cambridge, Massachusetts, on October 4-5. You may register for the occasion and both attend in-person or on-line, right here—earlier than it’s too late!

MIT Expertise Overview flash sale!

If you happen to haven’t already, you may subscribe to MIT Expertise Overview to learn extra of our incisive reporting. We’re holding a flash sale for simply 48 hours, permitting you to subscribe from simply $8 a month.

Even higher, you’ll obtain a free print copy of our 10 Breakthrough Applied sciences of 2023 concern as properly. Join right now and save 17% off the total worth.

The must-reads

I’ve combed the web to seek out you right now’s most enjoyable/vital/scary/fascinating tales about expertise.

1 Amazon is being sued by the FTC in a landmark monopoly case
It’s accused of utilizing unlawful techniques to stifle on-line competitors. (Wired $)
+ Head honcho Andy Jassy is dealing with an uphill climb. (NYT $)
+ The Federal Commerce Fee averted calling to interrupt Amazon up. (Bloomberg $)

2 OpenAI is looking for a brand new valuation
To the tune of between $80 billion and $90 billion, to be precise. (WSJ $)
+ ChatGPT is about to revolutionize the economic system. We have to resolve what that appears like. (MIT Expertise Overview)

3 An astronaut has touched down on Earth after 371 days in house
That’s a brand new US document. (CBS Information)
+ Touring to house ought to train us find out how to higher accommodate disabled folks. (Wired $)

4 Linda Yaccarino’s first 100 days at X have been a wild experience
Neglect strain from advertisers: managing Elon Musk is her greatest problem. (FT $)
+ X seems to have disabled an election misinformation reporting measure. (Reuters)

5 YouTube rewarded a creator who livestreamed assaults on Indian Muslims
Hindu nationalist Monu Manesar has been linked to a number of killings this 12 months. (WP $)

6 Microsoft desires to make use of nuclear power to energy its AI knowledge facilities
It’s trying to nuclear fission to maintain these costly facilities ticking over. (CNBC)
+ We have been promised smaller nuclear reactors. The place are they? (MIT Expertise Overview)

7 Possibly we didn’t have to study to code in any case
Generative AI is making it simpler than ever to put in writing code, even when it’s removed from good. (The Atlantic $)
+ Studying to code isn’t sufficient. (MIT Expertise Overview)

8 Inside China’s courageous on-line feminist revolution
The nation’s burgeoning ladies’s rights motion is preventing again towards a conservative society. (Remainder of World)

9 Making an attempt to reverse your age is the protect of the ultra-rich
Now they’re competing to win the ‘Rejuvenation Olympics.’ (Vox)
+ Consuming fewer energy may assist. (Economist $)
+ I simply met the founders of a would-be longevity state. (MIT Expertise Overview)

10 Japan’s feminine rickshaw pullers are on-line celebrities 
Social media has helped to drive an inflow of feminine recruits. (Reuters)

Quote of the day

“Sellers pay. Buyers get lower-quality search outcomes for higher-priced merchandise. Solely Amazon wins.”

—The US Federal Commerce Commision spells out its case accusing the e-commerce big of unfair purchasing practices, 404 Media experiences.

The large story

Novel lithium-metal batteries will drive the swap to electrical vehicles

February 2021

For all of the hype and hope round electrical automobiles, they nonetheless make up solely about 2% of latest automobile gross sales within the US, and just a bit extra globally. 

For a lot of patrons, they’re just too costly, their vary is simply too restricted, and charging them isn’t almost as fast and handy as refueling on the pump. All these limitations should do with the lithium-ion batteries that energy the automobiles. 

However QuantumScape, a Silicon Valley startup is engaged on a brand new sort of battery that might lastly make electrical vehicles as handy and low-cost as gasoline ones. Learn the total story.

—James Temple

We are able to nonetheless have good issues

A spot for consolation, enjoyable and distraction in these bizarre instances. (Obtained any concepts? Drop me a line or tweet ’em at me.)

+ Are America’s distinctive accents actually dying out? Higher ask Dolly Parton.
+ Lenny Kravitz’s gigantic scarf is again! 🧣
+ Looking for the right time for a loo break throughout a film? There’s an app for that.
+ On today in 1964, the Seashore Boys appeared on the Ed Sullivan Present performing this absolute tune.
+ This specific type of jellyfish could not have a mind, however that doesn’t cease it from studying.



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