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5 countries that produce the most cars

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By Adegboyega Adeleye

The importance of cars in transportation cannot be overemphasised with some countries known for their production.

Transportation is required for work, school, and industry, with car production fast becoming a major producer of revenue and a player in the global was financial market.

Car production is one of the largest economic sectors internationally; however, some countries produce more cars than others. The list of countries by motor vehicle production is based on statistics by the International Organization of Motor Vehicle Manufacturers.

The world’s car manufacturers put another 93.5 million vehicles on the roads in 2023, the last full-year numbers currently available.

This article will explore the top 5 countries with the highest car production.

1. China

China, the world’s biggest manufacturer overall, leads the world in car production. The country’s 2023 production totaled more than 30 million vehicles, adding up to more than 30% of all cars and trucks produced globally.

The largest domestic car manufacturers in China, known as the traditional “Big Four,” are SAIC Motor, Dongfeng, FAW, and Chang’an.

2. United States

The United States–a major automotive producer, known for its large vehicle market–is the second biggest auto manufacturing country with a volume of 10,611,555. This represents about 5.5 percent growth compared to the 10,060,339 produced in 2022.

The United States produces less than half of what China does, having manufactured about 1.8 million cars and 8.3 million commercial vehicles in 2022. The United States’ largest car manufacturers, referred to as the “Big Three,” are General Motors, Ford Motor Company, and Fiat Chrysler.

3. Japan

Japan ranked as the third biggest automobile-producing country in the world with a total volume of 8,997,440 vehicles manufactured in 2023. The country is a significant player in the global automotive industry, known for its engineering and quality.

After a sudden drop in production from 2020-2022 due to the COVID-19 pandemic, Japan produced just under 9 million vehicles in 2023 (8,997,440)–a drop from its pre-COVID total of nearly 9.7 million in 2019.

However, the volume grew by 14.8 percent compared to the 7,835,519 produced in 2022.

Japan’s automotive industry is one of the largest industries in the world. The country’s automotive manufacturers include Toyota, Honda, Daihatsu, Nissan, Suzuki, Mazda, Mitsubishi, Subaru, Isuzu, etc.

4. India

India is the fourth-largest automobile-producing country in the world with a total number of 5,851,507 manufactured in 2023. The volume of vehicles grew by 7.2 percent compared to 5,456,857 vehicles produced in 2022.

Although, India is not renowned in America or Europe as a vehicle manufacturer, the Asian nation produced 5.8 million cars in 2023– an annual increase of 7%. India’s export markets for vehicles include Saudi Arabia, South Africa, and Mexico.

The nation is rapidly growing as an automotive market and producer.

5. South Korea

South Korea is the fifth-largest auto-producing country in the world. The country manufactured a total of 4,244,000 vehicles in 2023, representing a growth of 13 percent from a total of 3,757,049 vehicles produced in 2022.

The major South Korean automobile manufacturers include GM Korea, Hyundai Motor Group and its affiliate, Kia Corporation along with Renault Korea Motors.

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YouTube And Meta To Pay $3M Compensation To Girl Who Got Addicted To Their Platforms

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A jury in Los Angeles has ruled that tech giants YouTube and Meta are liable for negligence in a closely watched case involving a young woman who said she became addicted to their platforms from childhood.

The panel awarded the plaintiff $3 million in compensatory damages, assigning 70 percent of the liability to Meta. Jurors also determined that both companies could face additional punitive damages, with a decision on that yet to be made.

The lawsuit, filed in 2023, alleged that platforms such as Instagram were deliberately designed to create addictive user experiences, particularly for young audiences. According to court filings, the plaintiff began using YouTube at age six and Instagram at nine.

During the trial, a therapist who treated the woman testified that prolonged social media exposure contributed to significant mental health challenges, including social phobia and body image issues.

Both companies have rejected the verdict. Meta argued that teen mental health is influenced by multiple factors and cannot be attributed to a single platform. YouTube, meanwhile, maintained that its service is not inherently addictive.

Legal experts expect both companies to appeal the decision, setting the stage for a potentially influential battle over the responsibility of tech platforms in safeguarding young users.

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Google acquires energy company Intersect for $4.75 billion

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미국 캘리포니아주 마운틴뷰 구글 캠퍼스의 한 건물. /AP 연합뉴스

Google is acquiring energy infrastructure company ‘Intersect’ for $4.75 billion (approximately 7 trillion Korean won) to secure the power needed for its AI (artificial intelligence) data centers. The move aims to address the power issue, the biggest hurdle in expanding data centers. Google, which developed the ‘Gemini’ AI, is a so-called ‘AI full-stack’ company equipped with all AI-related technologies and services, including AI chips and cloud (virtual servers). The strategy is to directly manage the energy infrastructure needed to actually operate AI as well.

Reuters reported on the 22nd (local time) that Google is acquiring Intersect for $4.75 billion in cash. Google already holds a minority stake in Intersect, and through this acquisition, it will also secure the gigawatt (GW)-level energy and data center projects that Intersect is developing and constructing. Intersect is expected to be responsible for building Google’s data center power infrastructure in the U.S., based on its technology linking power generation facilities and power grids.

Sundar Pichai, CEO of Google and Alphabet, said, “Intersect will enable us to build power infrastructure more quickly and flexibly in line with the increasing demand for AI data centers,” adding, “It will also be an important partner in strengthening America’s energy innovation and technological leadership.”

Bloomberg reported that Intersect’s energy assets currently in operation or under construction in the U.S. amount to $15 billion (approximately 22.2 trillion Korean won).

◇Google increasing energy investments

Google has recently been increasing its investments in the energy sector. Although the company possesses AI chips (TPUs), Gemini, and search and cloud services, stable energy supply is essential to support these businesses.

To this end, Google is also investing in nuclear power technology. In October of last year, it signed a long-term cooperation agreement with small modular reactor (SMR) startup ‘Kairos Power’ to secure up to 500 MW (megawatts) of power. It is noted as the first case among big tech companies to publicly declare securing SMR-based power. Additionally, in August, Google and Kairos Power announced plans to build the next-generation SMR ‘Hermes 2’ in Oak Ridge, Tennessee. The goal is to commence operation in 2030.

Google is also restarting previously shut-down nuclear power plants to secure energy. In October, it announced that it will collaborate with ‘NextEra Energy’ to restart the Duane Arnold Nuclear Generating Station in Iowa, which was closed in 2020. The target restart period is between 2028 and 2029.

Google is also investing in renewable energy such as geothermal power. Since 2023, it has been supplying power to data centers through geothermal power generation with ‘Fervo Energy’ in Nevada, U.S.

Google is also actively investing in next-generation energy technologies that are not yet commercialized. In 2022, it made a large-scale investment in ‘TAE Technologies,’ which possesses nuclear fusion technology. Nuclear fusion power generation is a technology that applies the principle of energy creation in the sun, combining atomic nuclei to produce energy. It is called the ‘dream energy’ because it has abundant fuel resources, emits no carbon, and, unlike conventional nuclear power plants, does not produce high-level nuclear waste. However, it is assessed that more time is needed for commercialization due to technical challenges. Recently, TAE Technologies has accelerated the commercialization of fusion energy by merging with Trump Media Group (TMTG).

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“I Lost $1.2 Million To Hackers On One Of My Apps. I Caught One Of The Hackers, And Instead Of Handing Him Over To The Police, I Employed Him To Work For Me.”- BLord

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Anambra Born tech entrepreneur and businessman Linus Williams, popularly known as BLord, has shared an unusual story about how he handled a major cyberattack on one of his applications.

According to BLord, he lost $1.2 million to hackers who infiltrated one of his digital platforms. In the course of tracking the incident, he successfully identified one of the individuals involved in the breach.

Rather than handing the suspect over to security agencies, BLord said he made a strategic decision: he employed the hacker.

He explained that the hacker’s skills, though misapplied, were exceptional and could be redirected towards strengthening his company’s cybersecurity systems.

BLord noted that the decision was driven by a desire to turn a negative experience into an opportunity for growth and to better secure his business infrastructure.

 

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