China’s Leapmotor Says It Can Weather an Expansion of Chip Curbs
Electric vehicle maker Zhejiang Leapmotor Technology Co., which uses chips from Qualcomm Inc. and Nvidia Corp., said it would be able to ride out any escalation in US curbs on the flow of advanced chips to China. “It doesn’t even make sense,” given that restrictions could instead encourage China to develop its domestic technology faster, Leapmotor co-President Michael Wu said in an interview with Bloomberg TV on Monday. While he predicts only a small chance that chip curbs would hit the EV sector, Leapmotor will be “fully-prepared one one way or another,” he said. Wu confirmed Chinese media reports that Leapmotor is exploring the potential for a collaboration with Ferrari NV after Chief Executive Officer Benedetto Vigna visited Leapmotor’s Hangzhou headquarters in February.
China to see 100,000 eVTOLs for taxi and personal use by 2030: industry report
Elon Musk makes surprise visit to China in push for autonomous Tesla approval
China’s ‘flying cars’ could be launched by the end of 2025? What we know so far
Global Chip Shortage to Send China's EV Industry Into Partial Freeze in Early 2022
Discover Related
Intel CEO invested in hundreds of Chinese companies, some with military ties
China clarifies chip import rules, impacting US firms with domestic fabs
Commercial flying cars gearing up for liftoff
BYD Launches Denza in Europe—Another Mighty Impressive EV Brand the US Won’t Get
TSMC could face $1 billion or more fine from US probe, sources say
Chip stocks plunge as tariff rout intensifies
Used smartphones to answer calls to action
Used smartphones to answer calls to action
Nvidia’s CEO has a plan for tariffs. Here’s what he said 2 weeks ago.
China halts investments in US as Trump pushes reciprocal tariffs to 54%
Chinese firms place $16 billion in order for new Nvidia chips: Report
Trump’s auto tariffs could help China’s carmakers, experts say
A Peter Thiel protégé is leading Trump’s AI strategy against China
How Trump’s tariffs are hitting the world’s biggest auto exporters
Imitation game: Can Big Auto emulate Xiaomi’s EV strategy?
US robotics companies push for national strategy to compete with China
Deal signed to develop urban air mobility plan
China floods the world with new low-cost AI models after DeepSeek’s success, undercutting OpenAI, Google, and others
More companies make beeline for Shanghai
Apple to keep investing in China 'in a big way'
A new global economic order, if it can be built
A new global economic order, if it can be built
BMW launches 360-degree full-chain AI strategy in China
A new global economic order, if it can be built
Chinese EV giant BYD overtakes Tesla globally with record sales in 2024
Jack Ma-backed Ant Group touts AI breakthrough using Chinese chips
AI seen as key to high-quality growth
AI seen as key to high-quality growth
BYD overtakes Tesla in 2024 revenue, becomes World's top EV maker