- Pony AI reported a Q2 revenue increase of 68.8% YoY to $36.22 million, while Ferrari auctioned its first Luce EV for $40 million.
- Tesla initiated its largest recall in China for nearly 2.98 million vehicles and focused on scaling its Cybercab operations.
- Alphabet's Waymo received approval to expand its autonomous ride-hailing service across multiple regions in California.