Tag: plans
-
Tesla abandons plans for affordable car due to intense competition in Chinese EV market
Tesla has scrapped the much-anticipated affordable car that investors were banking on to propel its growth as a mass-market automaker, as revealed by sources familiar with the matter and company messages seen by Reuters. Instead, the automaker will shift its focus to developing self-driving robotaxis on the same small-vehicle platform, according to the sources. This…
-
The Magna car plant plans to conduct a test on a humanoid robot.
Sanctuary AI has announced the delivery of its humanoid robot to a Magna manufacturing facility. Magna, based in Canada with auto manufacturing facilities in Austria, manufactures and assembles cars for top European automakers like Mercedes, Jaguar, and BMW. The specific number of Sanctuary AI robots to be deployed as part of this partnership has not…