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Mobility
Chinese EV makers shift from price cuts to in-car AI race
Chinese electric vehicle makers are shifting the focus of competition from a prolonged price war to in-car AI features. CNBC reported that rivalry, once centred on battery range, driver assistance systems and automotive chips, is expanding to broader in-car AI functions. Demand for connected services is rising, including interfaces linked to Huawei phones and voice assistants such as Doubao. Companies and partners are accelerating feature integration even as pricing pressure persists.
Industry
Tesla no longer just an EV maker as 4680 battery cell returns
Elon Musk is preparing a $1.5 trillion IPO for SpaceX, raising hopes for a revival in the listing market, while a SpaceX-Tesla merger is seen as complex. Tesla plans to end Model S and Model X production and switch the line to Optimus robots as it pivots toward physical AI. It is also pursuing partial Apple CarPlay integration and has restarted Model Y output using 4680 battery cells, alongside progress on a dry electrode process.
Industry
Imported EV market shifts in Korea as Tesla, BYD gain ground and German trio slips
Tesla and China’s BYD are quickly increasing their presence in South Korea’s electric vehicle market. EVs accounted for 18 percent of the imported car market in 2024. Tesla sold about 60,000 EVs last year, while BYD sold 6,107 to enter the top ranks in a short period. German premium brands lagged, with BMW selling 5,821 units, Audi 4,427 and Porsche 3,626.
