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

That is immediately’s version of The Download, our weekday publication that gives a every day dose of what’s happening on the earth of know-how.

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

China’s electrical automobile sector has been lavished with fame and a focus. However its world 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 consultants say may be very probably, it might end in elevated import duties for Chinese language-made EVs, which might probably make them much less aggressive in European markets. 

Lots of the Chinese language manufacturers which are inflicting concern are well-known names in China, just like the established big BYD and the promising startup Nio. However there’s one title within the combine you may not anticipate—former British luxurious sports activities automotive maker MG. Read the full story.

—Zeyi Yang

Zeyi’s story is from China Report, MIT Expertise Evaluation’s weekly publication supplying you with the within monitor on all issues occurring in tech in China. Sign up to obtain it in your inbox each Tuesday.

Should you’re taken with studying extra about China’s automotive sector, why not try:

+ Europe is about to crack down on Chinese language electrical vehicles. The European Fee is ready to launch an anti-subsidy investigation into Chinese language automakers. Here’s what you need to know about the likely impact.

+ From beneficiant authorities subsidies to help for lithium batteries, right here’s how China managed to construct a world-leading industry in electric vehicles.

+ China’s automotive firms are turning into tech firms. China has already gained the race to impress its automobiles. Now it’s pushing forward and including extra options and providers to draw new clients. Read the full story.

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

ClimateTech is coming

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

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

MIT Expertise Evaluation flash sale!

Should you haven’t already, you may subscribe to MIT Expertise Evaluation 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 challenge as nicely. Sign up today and save 17% off the total worth.

The must-reads

I’ve combed the web to seek out you immediately’s most enjoyable/necessary/scary/fascinating tales about know-how.

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

2 OpenAI is searching 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 financial system. We have to resolve what that appears like. (MIT Technology Review)

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

4 Linda Yaccarino’s first 100 days at X have been a wild trip
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 seeking to nuclear fission to maintain these costly facilities ticking over. (CNBC)
+ We have been promised smaller nuclear reactors. The place are they? (MIT Technology Review)

7 Possibly we didn’t must be taught to code in spite of everything
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 Technology Review)

8 Inside China’s courageous on-line feminist revolution
The nation’s burgeoning girls’s rights motion is preventing again in opposition to a conservative society. (Rest 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 might assist. (Economist $)
+ I simply met the founders of a would-be longevity state. (MIT Technology Review)

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. Customers 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 studies.

The massive story

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

February 2021

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

For a lot of patrons, they’re just too costly, their vary is just too restricted, and charging them isn’t almost as fast and handy as refueling on the pump. All these limitations need to 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 would lastly make electrical vehicles as handy and low-cost as fuel ones. Read the full story.

—James Temple

We will nonetheless have good issues

A spot for consolation, enjoyable and distraction in these bizarre instances. (Acquired 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 proper 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 form of jellyfish might not have a mind, however that doesn’t cease it from studying.

Leave a Reply

Your email address will not be published. Required fields are marked *