Rivian has appointed the CEO of Cohere, an AI company, to its board, signaling the electric vehicle maker's strong interest in artificial intelligence. This move is seen as part of Rivian's broader strategy to enhance its technology and innovation in the increasingly competitive EV market.

The U.S. is facing significant challenges in the tech race against China, particularly in sectors like electric vehicles, drones, and solar energy. Despite efforts to restrict Chinese tech companies, the innovations and capabilities of Chinese firms have continued to advance, leading to a closing gap in areas such as AI and microchips. Nvidia's struggles with export restrictions highlight the ineffectiveness of current strategies.

China has made significant advancements in all-solid-state EV batteries, achieving a range of 1000 kilometers on a single charge. These batteries promise enhanced safety and efficiency, positioning China as a leader in the next generation of electric vehicle technology. The development is expected to accelerate the adoption of electric vehicles globally.