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...A version of this article was first published by Nikkei Asia on April 19 2024. ©2024 Nikkei Inc. All rights reserved....
...Elon Musk is developing plans to launch a new artificial intelligence start-up to compete with ChatGPT-maker OpenAI, as the billionaire seeks to join Silicon Valley’s race to build generative AI systems....
...The Californian company has said its research and development efforts are focused heavily on AI, as it races to bring new products to its devices powered by its own large language models and silicon....
...“China wants to win this race,” he said. “It does want to be out ahead with this technology.” Additional reporting by Ryan McMorrow in Beijing...
...They aim to live in modest homes, sell unwanted possessions, even eschew car ownership....
...This marked the second-highest price ever for a car at auction and was sold through RM Sotheby’s, 75 per cent owned by the auction house....
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...Electric and hybrid sales rose 46 per cent year over year, according to the China Passenger Car Association. That is down from more than 100 per cent the previous year....
...Elon Musk’s electric-car maker Tesla on Thursday was sued by a US civil rights agency, which accused the company of tolerating “open hostility and racism” directed at black employees....
...A version of this article was first published by Nikkei Asia on January 16. ©2024 Nikkei Inc. All rights reserved....
...In the same year, new car sales in India beat Japan for the second consecutive year and maintained the world’s third-largest automobile market after China and the US....
...The sport now races all over the Americas, including new flagship grands prix in Las Vegas and Miami....
...In this lucrative market, the race to electrify has already begun....
...Toyota’s chief executive Koji Sato himself has been hesitant to call solid-state batteries “a game-changer” for winning the global EV race....
...As they race to curb their on-farm footprints, some of the world’s biggest food suppliers are pouring cash into regenerative agriculture....
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...Best all-round race-oriented bike: Canyon Ultimate CF SLX 8 Di2 This fifth-generation Ultimate is a match for all road rides....
...The Biden administration wants to make 500,000 chargers across the country by 2030, up from roughly 130,000 available now, as it races to expand EV adoption....
...That is a significant change from before, when China’s car industry catered almost exclusively to the domestic market....
...That is despite the fact that it began making cars less than two years ago, and that supply shortages left its production volume last year at less than half the 50,000 it originally forecast....
...That has given Tesla room to cut prices by up to 20 per cent, a move Gerber compared to “putting a sword in the side of all his competition” as the race for EV dominance heats up....
...It’s a race to get to the other side, before the cash runs low.”...
...Hyundai Motor and affiliate Kia have taken over the number two spot, behind Tesla, in the US electric car market by sales volume this year....
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