AD #4187 - Tesla the #1 AI Chip Supplier?; VW Cuts Some Costs in China 50%; Merger Creates World's Largest Paint Supplier
About this episode
Elon Musk claims Tesla is close to completing its next AI chip, aiming to outproduce all competitors combined, with manufacturing planned in Texas. GM faces executive departures in AI and software roles, reflecting internal challenges. European EV sales surged 33% in October, with Hyundai-Kia surpassing Toyota and Mercedes falling behind BMW. Volkswagen's China-focused strategy cuts EV development costs by half, boosting exports to Asia and the Middle East. Chinese automaker Zeker launches a crowdfunding upgrade for older driver assistance systems. In industry news, Axalta and AkzoNobel merge to form the world's largest automotive paint supplier, generating $17 billion annually.
BMW 2 Bmw
"Speaker 1: More and more automakers are adding e revs or extended range electrics to their lineups, and. Speaker 2: BMW could be the next. Speaker 1: Bloomberg reports that the company is considering the technology for its top end models like the X five and seven series."
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