Automaker Insights

Both companies have reason to bet big and double down on China’s autonomous driving market.

Otoklix launched its own service centers, now leaning into AI, and is already an early pioneer in Indonesia’s EV aftermarket.

The Chinese company takes on mining projects, expands overseas, and develops new tech.

With licenses challenging to obtain and investments needed in excess, it seems better to quit the car manufacturing business sooner than later.

The move presents a challenge to Japanese automakers’ market dominance.

Vietnam’s USD 85 billion EV startup aims to take on Tesla in the US market.

Xiaomi, known predominantly for its consumer electronics, is now one step away from producing its own electric vehicles.

Potential EV adopters, held back by concerns over slow charging times, may find confidence in CATL’s Shenxing battery technology to jump on the bandwagon.