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Today’s EV landscape shows a mix of strategic pivots and long-term bets. Xiaomi is funneling billions into AI to protect its hardware dominance, signaling that software-defined vehicles are the future. Meanwhile, traditional automakers like Honda and Nissan face headwinds: Honda posts its first annual loss but expects a rebound, while Nissan scraps UK e-axle plans due to cooling EV demand in Europe. In contrast, Toyota’s hybrid strategy gains validation as skeptics admit its approach was right for the current market. A quirky historical note: an electric Honda CRX built decades before Tesla ended up in a junkyard, reminding us early EV innovations often fizzled. On the bright side, Lucid teases its Cosmos model, and the Renault 5 continues its long-term test journey. Finally, China’s industrial tourism trend turns factories into travel destinations, reflecting the country’s manufacturing pride.
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