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A top BYD executive says countries are slowing the EV transition by changing policy too often.Asad/Xinhua via Getty ImagesPolicy changes are slowing the global EV transition, a top BYD exec says.Countries that go "back and forth" on EV policy risk confusing manufacturers, Li said.When governments give a "very clear line," automakers can focus on execution, Li said.The global EV transition has a policy problem, says BYD executive vice president Stella Li.Li said in a panel session on EVs on the second day at Davos that governments keep changing the rules about EVs. The stop-start approach makes it harder for automakers to commit capital, plan product cycles, or build supply chains with confidence, even as competition across the EV markets in China, the US, and Europe heats up.Li said that when countries go "back and forth" on their EV policy, it creates a pattern that "will confuse manufacturers."In contrast, when governments give a "very clear line," automakers can focus on execution, Li said.That inconsistency has real consequences, Michigan Gov. Gretchen Whitmer said on the same panel."The back and forth policies at the national level have made it more difficult for industry to throw all in and ramp up the way that some of the Chinese companies have been able to," she added.Elaine Buckberg, former chief economist at General Motors, said on the panel that automakers typically plan vehicles five years before launch and expect to sell them for years afterward. Stable, long-term regulations are critical for companies expanding into EVs."Keeping those incentives stable, that's really powerful," she said. "That's a place where the US is really pulling back under the Trump administration."China has the lead over the US on EVsChina has a clear lead over the US in electric vehicles, Li and two of her co-panelists said.Li said consumer demand, rapidly improving technology, and China's dense charging network are accelerating adoption and making EVs a practical choice for everyday drivers.In China, EVs are not only bringing a "sustainable future," but also bringing "innovation," Li said.Industry leaders have been vocal about China's dominance in the global EV market.Ford CEO Jim Farley said in an episode of The Verge's "Decoder" podcast in September that "the Chinese are the 700-pound gorilla in the EV industry.""There's no real competition from Tesla, GM, or Ford with what we've seen from China. It is completely dominating the EV landscape globally and more and more outside of China," he added.Farley said that China has "great innovation at a very low cost," and that companies have "huge subsidies" and are sponsored by their local governments.China's government poured at least $230 billion into supporting domestic EV makers between 2009 and 2023, according to a 2024 report by the Center for Strategic and International Studies."There's no secret magic thing that you're like, 'Oh, aha, they did this.' But rather it's the compounding benefits of a lower cost of capital," said Rivian's CEO, RJ Scaringe, in an episode of the "Everything Electric" podcast published in September.Read the original article on Business Insider

Ce mardi soir, le Paris Saint-Germain se déplace à Lisbonne pour affronter le Sporting Portugal. Achraf Hakimi ne pourra évidemment pas participer à cette recontre comptant pour la septième journée de la phase de ligue de la Ligue des champions. Le latéral droit doit rejoindre la capitale de la France ce mardi, deux jours après l’élimination des Lions de l’Atlas en finale de la Coupe d’Afrique des nations par le Sénégal. En conférence de presse, Luis Enrique a confié ne pas avoir échangé avec son joueur suite à cette désillusion. « C’est le moment de féliciter les champions, mais aussi de féliciter les Marocains, parce qu’ils ont très bien joué. Et rien d’autre à dire. Hakimi, c’est mon travail de lui faire surmonter ça et de valoriser ce qu’il fait comme joueur et comme personne », a déclaré l’entraîneur du PSG. Hakimi va vite rejouer avec le PSG Achraf Hakimi pourrait être aligné dès vendredi, à Auxerre. Et rien n’exclut que Luis Enrique lui fasse débuter ce match avancé de la 19e journée au stade de l’Abbé-Deschamps. Le technicien espagnol retrouvera également Ibrahim Mbaye, vainqueur de la CAN avec les Lions de la Terenga. « Bien sûr qu’ils vont revenir, assure-t-il. C’est nous le club qui payons beaucoup d’argent pour que les joueurs viennent, et ils vont venir. Bien sûr, comme pour tous les autres joueurs. »

La professionnelle Maïssa Fathallah et deux joueuses de la réserve de l'OL Lyonnes participeront à un stage avec la France U19. Rendez-vous du 26 au 28 janvier à Clairefontaine. Elle attend encore de vivre une deuxième apparition chez les grandes. Depuis septembre 2025, Maïssa Fathallah est officiellement une joueuse de Première Ligue. Mais à 16 […] L’article OL Lyonnes : Maïssa Fathallah et deux coéquipières avec la France U19 est apparu en premier sur Olympique & Lyonnais.

AI cybersecurity is a top concern for some execs right now.Donato Fasano/Getty ImagesBusiness leaders at the World Economic Forum highlight AI security as a top concern.Executives like Raj Sharma and Tim Walsh emphasize risks from AI agents and quantum computing.Fighting AI risk could involve more AI.I'm reporting from Davos, Switzerland, where thousands of business leaders and politicians have arrived at the World Economic Forum to shake hands, talk shop, and maybe even eke out a few ski runs.Some executives I've spoken to this week had some big concerns about AI, but none of them had anything to do with a potential bubble.Raj Sharma, EY's global managing partner of growth and innovation, said there's not enough talk about AI security — specifically, the management of AI agents and their lifecycle."It has access to your data. It has no name, so there is no identity or anything associated with that," Sharma said.Compare that to humans, where every computer system and piece of data they touch is often tracked."We have to build industrial-level security for AI agents in that particular area. To me, that's still a gap that somebody needs to work on," Sharma said. "Everybody's talking a good game. But if you look under the covers, it's still not mature.""That keeps me up at night," Sharma added.He's not alone. Tim Walsh, the CEO of KPMG US, told me the biggest issue he talks to CEOs about regularly is cyber risk, specifically related to AI.AI agents are the latest twist in executives' ongoing concerns over cybersecurity, and it's proving to be an incredibly challenging problem. Somewhat ironically, the only way to fight the threat is with … more AI.In some cases, the risk has gotten so big that it's shifting timelines on companies' AI plans."It's not that they're not moving forward, but they are taking a moment to make sure that their environment is secure, and perhaps even leaving data on-prem a little bit longer so they're confident that got their data security in place," Walsh told me.Walsh said another "real concern" is the threat of quantum computing from a security perspective.While he acknowledged we're still a few years out from the tech being fully developed, its power is incredible."Quantum breaks everything," Walsh said. "I mean, all encryption."That's led companies to look at their systems and reencrypting things, no easy task."We're spending quite a bit of time as well, helping companies think through: What does that look like? How do you structure it? How long will it take?" Walsh said.Read the original article on Business Insider