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Tesla previews self-driving ride-hailing service and will compete head-to-head with Uber |

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Consumer technology

Tesla previews self-driving ride-hailing service and will compete head-to-head with Uber |

Tesla previews its self-driving ride-hailing service and will compete head-to-head with Uber

Tesla today announced its financial results for the first quarter of 2024 and teased a upcoming self-driving ride-hailing app. Previously known as the "Tesla Network," the app was designed to compete with Uber. When announcing its first-quarter earnings report, Tesla showed screenshots of some ride-hailing apps. Judging from the screenshots, the app has Uber-like ride-hailing features, but also adds some features that are unique to self-driving cars, such as directly summoning vehicles through the app and adjusting the temperature and music in the car.

Elon Musk: Tesla is on track to reach an FSD licensing agreement with a major automaker this year

Tesla CEO Elon Musk said on an earnings call that he was in talks with a major automaker to license the "Full Self-Driving" system (FSD), adding that a licensing agreement was "likely" signed this year. However, Tesla's management mentioned that even if a licensing agreement is reached this year, it will take three years to integrate it into other cars.

Tesla: It will accelerate the launch of more affordable models

Tesla noted in its earnings report today that the company has updated its future model lineup, bringing forward the launch of new models to the original schedule of starting production in the second half of 2025. These new models, including more affordable models, can be produced on the same production lines as existing models. In its quarterly earnings report, Tesla said: "We have updated our future vehicle lineup with a view to launching new models ahead of schedule, earlier than the previously communicated production start time in the second half of 2025." Musk said on the call that the company plans to start production of the new model "in early 2025, if not later this year."

Elon Musk: Possibly sell Tesla's humanoid robot Optimus by the end of next year

Tesla CEO Elon Musk said on an earnings call that Tesla's Optimus humanoid robot is expected to have the ability to complete "useful" factory tasks by the end of this year, and the company may sell it to the public by the end of 2025, and Tesla plans to be the first to use the robot in its own factories by the end of this year.

Tesla previews self-driving ride-hailing service and will compete head-to-head with Uber |

Institutions: The strong performance of Huawei, Honor, and Xiaomi boosted the year-on-year growth of China's smartphone market for the second consecutive quarter

According to Counterpoint's weekly report on mobile phone sales, China's smartphone sales increased by 1.5% year-on-year in the first quarter of 2024, achieving positive year-on-year growth for the second consecutive quarter. Huawei stood out among all mobile phone brands in the first quarter, with a year-on-year increase of 69.7%. Much of Huawei's growth is due to strong sales of its 5G-enabled Mate 60 series, coupled with its own household recognition and a significant increase in its market share in the $600-plus premium segment. Despite Huawei's strong comeback impacting the rest of the market, Honor still achieved 11.5% year-over-year growth in the first quarter, thanks to several popular models and the expansion of its offline channels.

See: https://cn.technode.com/post/2024-04-24/counterpoint-q1-2024-china-smartphones-market-report/

sustainable development

Japanese Researchers Launch Rechargeable Magnesium Battery, Could Challenge Lithium-Ion Battery Dominance Researchers at Tohoku University have made a breakthrough in battery technology by developing a new cathode material for rechargeable magnesium batteries (RMB) that enables efficient charging and discharging even at low temperatures. This innovative material utilizes an enhanced rock salt structure and promises to usher in a new era of more affordable, safer, and higher-capacity energy storage solutions. The study demonstrated a significant improvement in magnesium (Mg) diffusion in the rock salt structure, a key advancement as the compactness of the atoms in this structure had previously hindered magnesium migration. By introducing a strategic mixture of seven different metal elements, the team created a crystal structure rich in stable cationic vacancies, making it easier to embedding and extracting magnesium. This is the first time that rock salt oxides have been used as the cathode material for RMB. The high-entropy strategy employed by the researchers allows cation defects to activate the rock salt oxide cathode. Norway's electric vehicle population is on the verge of overtaking petrol cars to become the main force on the roadOver the years, strong sales of electric vehicles in Norway have gradually changed the face of the country's roads. According to Statistics Norway and the Norwegian Public Roads Authority, the number of electric vehicles in Norway is expected to surpass the number of petrol cars for the first time by the end of this year at the earliest. The number of gasoline-powered vehicles in Norway is decreasing year by year, while the number of electric vehicles continues to grow. Currently, there are close to 700,000 registered electric vehicles in Norway, and this number is expected to reach 800,000 by 2024/2025. At the same time, the number of gasoline vehicles is about 775,000 and is still declining, and the number of electric vehicles will soon surpass the number of gasoline vehicles. BMW invests EUR 200 million in the production of the central housing of the Neue Klasse electric drive unit at the Landshut plant, and the BMW Group's Landshut plant is continuing to increase production capacity and expand the manufacturing facility for the central housing of the highly integrated electric drive unit installed in the Neue Klasse model. The BMW Group will invest an additional EUR 200 million in this project, bringing the total investment at its plants in Germany since 2020 to around EUR 1 billion. Of this amount, around 500 million euros has been used to expand the plant to cover the electric vehicle segment. The annual production capacity of the fifth and sixth generation aluminum enclosures has increased by about 30%. As a result, the new generation will benefit from the expertise of the company's largest component manufacturing base.

Tesla previews self-driving ride-hailing service and will compete head-to-head with Uber |

Mercedes-Benz partners with cargo bike supplier Onomotion Mercedes is partnering with cargo bike provider Onomotion on a pilot project for last-mile delivery. The Sustaineer test vehicle has also been further developed for this purpose, with which Mercedes-Benz vans provide insight into sustainability in the future of transport. Mercedes-Benz is also considering last-mile logistics and is working with Berlin-based cargo bike manufacturer Onomotion on a pilot project. The two companies are forming a logistical tandem: they are combining an all-electric van from Mercedes and an electric cargo bike from Onomotion to create a seamless supply chain. The latter's Ono electric cargo bike has a range of up to 25 km and a 1.4 kWh battery that provides up to 6 km/h of starting assistance.

Life Sciences

Boehringer Ingelheim Partners with Ochre Bio to Develop Novel Regenerative Therapies for Advanced Liver DiseaseRecently, Boehringer Ingelheim announced a partnership with Ochre Bio to jointly focus on the discovery and development of novel first-in-class regenerative therapies for chronic liver diseases (CLDs), such as metabolic dysfunction-associated steatohepatitis (MASH). This collaboration is part of Boehringer Ingelheim's commitment to improving the lives of patients with interconnected cardiovascular, renal, and metabolic diseases (CRMs), including MASH cirrhosis. The collaboration plans to leverage Ochre Biomedical's unique human database and disease models to accelerate the development and validation of novel liver disease targets. BeiGene Receives European Commission Approval for Tislelizumab for the Treatment of Non-Small Cell Lung CancerBeiGene, a global oncology innovator company, today announced that the European Commission (EC) has approved tislelizumab for the first- and second-line treatment of three non-small cell lung cancer (NSCLC) indications. Approved by the European Commission On April 22, local time, Legend Biotech announced in Somerset, New Jersey, that the European Commission (EC) has approved CARVYKTI (cilta-cel, cilta-cel) for the treatment of adult patients with relapsed and refractory multiple myeloma who have received at least one prior line of therapy (including a proteasome inhibitor (PI) and an immunomodulatory agent (IMiD)), have disease progression on the last treatment and are resistant to lenalidomide。 Expanse ICE Receives FDA Clearance for Peripheral Arterial and Venous System Vascular Breakthrough SystemExpanse ICE recently announced that the ICE Aspiration System has received 510(k) clearance from the U.S. Food and Drug Administration. The announcement introduces an exciting new player to the peripheral thrombosis market. The ICE System is specifically designed to address the complex challenges associated with peripheral thrombocytosis. Thrombosis ranks third among common vascular diseases. According to the Centers for Disease Control, nearly a million patients require treatment for peripheral blood clots each year, and up to 33% of them develop long-term complications.

Science and technology go to sea

News says Honda will build a large electric vehicle factory in Canada, the project is expected to be worth C$15 billion According to the Toronto Star, Honda plans to announce plans to build a new large electric vehicle factory in Alliston, Ontario, which is expected to be worth C$15 billion this week. Nikkei Asia, the overseas edition of Nikkei, gave a different view on the exact scale of construction, believing that the project will be worth $6 billion. The plant project, which will cover the manufacture of electric vehicles, batteries and other components, will receive billions of dollars in government subsidies through tax credits. LanzaJet Announces Funding from Microsoft Climate Innovation Fund to Support Company's Continued Growth Sustainable Fuel Technology Company and Sustainable Fuels Producer LanzaJet today announced an investment from the Microsoft Climate Innovation Fund. This investment by Microsoft will enable LanzaJet to continue to ramp up capacity and production for the global deployment of sustainable fuel process technologies. In addition, LanzaJet and Microsoft plan to explore how Microsoft's data and artificial intelligence (AI) capabilities can be leveraged to improve LanzaJet's corporate functions, as well as ethanol-to-sustainable aviation fuel (SAF) process technology. Through its investment in LanzaJet, Microsoft was able to obtain sustainable fuels (SAF and renewable diesel) as well as SAF certificates (SAFc) from future LanzaJet projects. These products will help Microsoft on its path to becoming carbon negative by 2030.

Tesla previews self-driving ride-hailing service and will compete head-to-head with Uber |

Canalys: India's smartphone market got off to a strong start in 2024 with 15% growth in the first quarter According to a report released by Canalys, the Indian smartphone market performed strongly in the first quarter of 2024, with 35.3 million units shipped. After entering 2024, the inventory situation of manufacturers has improved, which allows the channel to undertake the multiple new products launched in the quarter. The market grew 15% year-on-year in the first quarter due to lower shipments in the first quarter of 2023 and the market facing inflationary pressures, weak demand, inventories, etc. In the first quarter of 2024, Samsung maintained its No. 1 position in the market with a 19% share and shipments of 6.7 million units. Vivo ranked third with 6.2 million units shipped. Oppo (excluding OnePlus) and realme rounded out the top five with 3.7 million and 3.4 million units shipped, respectively. See: https://cn.technode.com/post/2024-04-24/canalys-india-q1-2024-smartphones-market-report/ Oracle will move its global headquarters to Nashville closer to the healthcare industry

Oracle Chairman Larry Ellison said Tuesday that the company would move its global headquarters to Nashville, Tennessee, to be closer to the healthcare industry. In recent years, Oracle has been making a big push into healthcare. As previously reported, Oracle spent $28.3 billion to acquire medical record software giant Cerner in 2022. Ellison said Oracle is still new to healthcare, but he believes the company has an "ethics and obligation" to address the issues facing the industry. Ellison said Oracle is moving a huge campus to Nashville, which will eventually become Oracle's global headquarters. Nashville is a full-fledged wellness center and a great place to live, and Oracle employees are thrilled about it.

Tesla previews self-driving ride-hailing service and will compete head-to-head with Uber |

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Tesla previews self-driving ride-hailing service and will compete head-to-head with Uber |
Tesla previews self-driving ride-hailing service and will compete head-to-head with Uber |

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