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Mobility

Gasoline, diesel new cars all but disappear as Norway EV share hits 98.7 percent

Battery-electric vehicles took a record 98.7 percent share of Norway’s new passenger-car registrations in August, as total registrations slipped 3.4 percent from a year earlier to 13,451. Volkswagen led by brand, followed by Toyota, with BMW, Volvo and China’s Xpeng next. Tesla fell to seventh on sharp annual declines, though it still leads year to date. OFV said further emissions cuts hinge on replacing older gasoline and diesel cars.

Industry

China\'s auto industry bets on humanoid robots as next growth engine, following Tesla

Chinese automakers are stepping up investment in humanoid robots as a next-generation profit business, seeking new revenue as electric-vehicle profitability declines. Xpeng\'s robotics unit raised more than $900 million at a valuation above $6.3 billion, with investors including IDG Capital, Gaorong Ventures, Tencent and Alibaba. Analysts say China has an edge in manufacturing and supply chains, but AI will determine competitiveness against Tesla. Global automakers are also expanding robot efforts.

AI & Enterprise

Big tech steps up push into physical AI

Big tech companies are moving faster into so-called physical AI that applies AI in the real world, including robots, cars and drones, as they seek to secure an early lead in a market seen as smaller than chatbots for now but with high potential. Nvidia, AWS, SoftBank, Anthropic and Xpeng are among those expanding initiatives. South Korean companies and institutions are also stepping up projects, funding and partnerships, even as concerns persist about data shortages and reliability.