Weekend Round-Up: Tesla's FSD In China, GM and Ford's Regulatory Woes and More
This week has been a rollercoaster ride in the world of tech and auto industries. From Tesla Inc. debunking rumors about its Full Self-Driving efforts in China to regulatory scrutiny faced by General Motors Co. and Ford Motor Co., the news cycle was buzzing with developments. Let’s dive into the top stories of the week.
Tesla Denies Scaling Down FSD in China
Contrary to online speculation, Tesla has refuted claims of winding down its FSD efforts in China. The rumors originated from the absence of China in the list of countries offering FSD Supervised subscriptions. However, Tesla’s North American website still includes China among the markets where users can use FSD Supervised. The EV giant has also reported these rumors to the police.
GM and Ford Vehicles Under Regulatory Scrutiny
The National Highway Traffic Safety Administration (NHTSA) has initiated probes into multiple model lines of GM and Ford vehicles following reports of brake failures and other issues. The agency will investigate an estimated 82,040 units of the 2024 Ford Maverick Hybrid pickup truck. Ford has been grappling with recall woes for some time now, with last year’s recall tally reaching 137 by November 2025.
Li Auto Aims to Emulate Apple and Huawei
Li Auto Inc. revealed its strategic philosophy during its second-quarter earnings call. The Chinese automaker aims to control the technologies that matter most, much like Apple Inc. and Huawei. However, Li Auto clarified that it has no intention of replacing partners like Nvidia Corp and CATL.
Xiaomi Joins Race to Build In-House Chips for Self-Driving Cars
Chinese tech giant Xiaomi Corp. has announced its in-house self-driving chip, set for commercial use in 2027. The Xring D100 will be built on a 3-nm process and features a 20-core CPU and a 16-core NPU. Xiaomi’s EVs currently rely on NVIDIA Corp’s Thor chips for smart-driving systems.
XPeng Reports Wider-Than-Expected Loss
XPeng Inc. stock fell after the Chinese electric vehicle maker reported a wider-than-expected second-quarter loss and issued a third-quarter revenue outlook below Wall Street estimates. XPeng delivered 103,295 vehicles during the quarter, up 0.1% from a year earlier.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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