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Automotive News Daily Drive
May 18, 2024 | Weekend Drive: When every car is made in China; AI series takeaways
May 18, 2024
The podcast discusses China's potential dominance in global automotive production, challenges faced by US automakers, and the impact of AI on manufacturing processes. It also explores Chinese companies' strategies for market access in the US and the competitive landscape of the automotive industry.
20:30
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Quick takeaways
- AI in auto industry enhancing operations with new applications beyond routine tasks.
- Ford's transparency on EV losses reveals challenges and high costs in contrast to other vehicle segments.
Deep dives
The Rise of AI in the Auto Industry
The use of AI in the auto industry is gaining momentum, with a focus on enhancing core industry operations. Improvements in computing power have made AI more accessible and cost-effective, leading to innovative applications beyond routine tasks. Executives foresee AI formulating new ideas, running simulated tests, and solving complex problems efficiently. While AI presents exciting opportunities, correct utilization remains crucial for maximizing its benefits.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode