Chinese telecommunication equipment makes Huawei aims to build driverless car tech by 2025. The transportation industry in China is going to be flooded with a ton of changes as multiple automakers and large technology firms like Baidu are working to build self-driving tech. After the new rules set in by the previous Trump administration, Huawei’s smartphone business took a beating, and now it has shifted to smart electric vehicles.
Japan, as per the newspaper Nikki report, is to increase investment to speed up local production of advanced semiconductors and batteries. Under the draft growth blueprint set to be finalized earliest by June, Japan also plans to promote large-scale funds to develop batteries for electric cars. The government plans to increase its current 200 bn-yen funds for the program. Japan aims to have 40% of the global market share in next-gen power semiconductors in 10 years.
Daimler AG unveiled the electric “sibling” of the flagship Mercedes-Benz S-Class luxury sedan. The EQS is the first from the house of Mercedes-Benz cars built on a dedicated EV platform indigenously built by the carmaker. The EV model will be up on sale in Europe and the US starting from Aug. followed by China in Jan. Sales of EV and plug-in hybrid cars in the EU has increased 3X to 1mn vehicles in 2020, cornering10% of the overall market size.
Hyundai’s electric car Ioniq 5 has bi-directional charging, which allows owners to power electronic devices from the car battery. Conventional car batteries can be used to charge laptops and smartphones only and drain quickly if plugged into anything more powerful — portable fridge, sound system etc. The car comes with the option to install a solar-panel roof to charge the battery, giving the EV an additional driving range of about 1,300 km annually.
Hyundai is in early talks with Apple to cooperate on EV and batteries. The news made Hyundai’s shares surge 24% to hit seven years high. “Apple and Hyundai are in discussions but they are at an early stage and nothing has been decided,” Hyundai said in a statement. Details about the talks with Apple were not disclosed. The two companies work together on CarPlay, Apple’s software for connecting iPhones to vehicles from a variety of automakers.