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How Chinese EV Makers Are Winning Over Consumers

Legacy Western automakers once held the keys to China’s car market, but the 2026 Beijing Auto Show shows how domestic EV makers are taking the lead. Stephen Engle reports on how the latest tech and aggressive pricing are winning over consumers. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest…

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Legacy Western automakers once held the keys to China’s car market, but the 2026 Beijing Auto Show shows how domestic EV makers are taking the lead. Stephen Engle reports on how the latest tech and aggressive pricing are winning over consumers.
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3 Comments

3 Comments

  1. @MB-xe8bb

    May 5, 2026 at 5:15 pm

    So if Chinese car-makers are only doing EVs, then that leaves gasoline cars open for American and European car-makers.

    • @Alien_Ian

      May 5, 2026 at 7:07 pm

      Or they will get left behind as EV technology matures and becomes superior to gasoline. Gasoline vehicles have nearly hit their ceiling of innovation while EVs are in their infancy.

  2. @RobertParkes-k7s

    May 5, 2026 at 7:08 pm

    Buy North American and not from communists

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Apple Already Developing Higher-End HomeView

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Apple’s new HomeView has been a long time coming – but now, Apple is already developing a higher-end version of the device with a robotic limb, which can automatically swivel the screen toward whoever is speaking. Bloomberg’s Mark Gurman joins Ed Ludlow with the details from this week’s Power On newsletter on “Bloomberg Tech.”
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Hamilton Lane Executive Co-Chairman Erik Hirsch says much of the wealth created by the AI boom has so far accrued in the private markets, as companies stay private longer and tap increasingly deep pools of capital. With exposure to OpenAI and Anthropic through its venture and growth relationships, Hirsch discusses how investors can access private AI companies through funds, secondaries and co-investments – and why even as some of AI’s biggest names head toward IPOs, going public is no longer the default path for most technology companies. He joins Ed Ludlow on “Bloomberg Tech.”
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Anthropic plans to dedicate 5% of its shares to a public benefit fund, offering its own approach to sharing the potential wealth created by AI as concerns grow about AI-driven labor disruption. Bloomberg’s Mike Shepard discusses how the plan differs from proposals for a government-run fund – and from Elon Musk’s pledge to give every child in America a share of SpaceX – as technology leaders confront a broader question: who should benefit financially from the AI boom? He joins Ed Ludlow on “Bloomberg Tech.”
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