Toyota, Volkswagen Lag Behind Tesla in EV Software Race, Says Financial Times

Traditional automakers like Toyota and Volkswagen are struggling to keep up with Tesla and Chinese rivals in the race for software dominance in the electric vehicle (EV) market. A new report from the Financial Times highlights the gap in digital capabilities, with Tesla, Nio, and Xpeng leading the charge. The report also discusses the challenges faced by Chinese EV manufacturers due to the economic slowdown and US sanctions.

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