Chinese EV maker rooted in Guangzhou, racing to scale amidst global auto transition
The Strait of Hormuz remains a focal point as the U.S. indicates it will reinstate a blockade around Iran’s shipping, proposing a 20% toll on all cargo. Markets react as oil prices jump and analysts assess supply-chain implications amid a strained ceasefire.
The Federal Communications Commission has added "advanced robotic devices" — including humanoid robots, four‑legged machines and some connected power inverters — to a list that blocks new foreign-made models from US markets on national‑security and cybersecurity grounds. The rule has taken effect for models not yet authorised; existing authorised devices remain allowed while exemptions can be requested.
Global firms are increasingly turning to Chinese technology, AI, and battery suppliers as China deepens its role in global supply chains. Auto makers and tech majors are partnering with CATL, Baidu, Alibaba, and Xpeng, while Hong Kong is rising as a testing ground for AI models and data-center capacity. The shift signals a broader move from China as a manufacturing base to a source of advanced capabilities, even as US constraints persist.
Tesla has recalled about 2.98–3 million China-made and imported EVs to address two safety issues: flush door handles that can hinder exit in a crash and driver-monitoring systems that may fail to keep the driver engaged. The recalls cover Model 3, Model Y, Model S and Model X across vehicles built from 2019 to 2026 and involve software updates, warning labels, and in-cabin camera monitoring.