The competition in robotaxis is expanding beyond the US and China into Europe, where 2026 is widely seen as the first year of commercial deployment. As domestic automakers and global players enter the market in tandem, a new contest is taking shape, one defined not just by algorithms, but by operating models and the path to profitability.
Tesla is developing a new, smaller and lower-cost electric sport utility vehicle, according to people familiar with the matter and the industry, marking a notable shift in strategy for CEO Elon Musk.
Foxconn and Mitsubishi Fuso Truck and Bus have forged a strategic partnership aimed at exporting Japanese-made electric buses to Southeast Asia and Australia by 2030, combining Foxconn's rapid EV development capabilities with Mitsubishi Fuso's established brand and sales channels. The move addresses shrinking domestic demand in Japan and growing competition from Chinese manufacturers.
As artificial intelligence (AI) accelerates the buildout of data centers, the race to supply their enormous energy demands is drawing new alliances between China's technology and industrial giants.
