šŸŒ BYD eyes Ford

Plus: How šŸ’Ŗ is your passport?
Attendees wear protective masks as they look around BYD Auto's exhibition at the 2022 Central China International Auto Show on July 14, 2022.
Attendees wear protective masks as they look around BYD Auto's exhibition at the 2022 Central China International Auto Show on July 14, 2022.
Photo: Getty Images/Stringer (Getty Images)

Good morning, Quartz readers!


Hereā€™s what you need to know

Ford is in talks with Chinaā€™s BYD to sell its German plant. The US automaker may divest the facility to Chinaā€™s largest EV maker as it plans to end production on the site in 2025, the Wall Street Journal reports.

Finland mulled entering NATO without Sweden. The Nordic country may seek solo entry to the military alliance given Turkeyā€™s resistance to admitting its neighbor.

The US sued Google (again). The Justice Department and several states accused the tech giant of abusing its dominance in digital advertising.

Nigeria opened a $1.5 billion seaport in Lagos. The Chinese-funded Lekki Deep Sea Port is expected to generate $360 billion over the next 45 years. Meanwhile, Nigeria made a surprise interest rate hike.

Pakistan said it restored nationwide power. Authorities blamed a major grid breakdown, which left hundreds of millions without electricity, on a lack of infrastructure investment.

ā€œEverything Everywhere All At Onceā€ led the 2023 Oscars nominations. The sci-fi-action-comedy-family drama starring Michelle Yeoh grabbed 11 nominations.


What to watch for

Tesla is reporting its fourth quarter results after market close today (Jan. 25). Itā€™s no secret that the final months of 2022 have been challenging for the electric car maker, which has seen its share price crash in that period.

Tesla doesnā€™t just have to reckon with the antics of its CEO Elon Musk, who in the last quarter added the title of chief twit to his already long list of executive roles. It also has to confront its diminishing hold on the EV market in the US, which has decelerated from 70.5% in 2021 to 63.5% last year as competitors have appeared on both the affordable and high ends of the price spectrum.

Image for article titled šŸŒ BYD eyes Ford
Graphic: Michelle Cheng

It was only a matter of time before other manufacturers would catch up to Tesla. The question now is whether Tesla will be able to keep an edge over its competitors.


How šŸ’Ŗ is your passport?

If you have a passport from Japan or Singapore, congrats! You can travel just about anywhereā€”well, to 193 countries and territories out of a possible 227ā€”sans visa.

Itā€™s the fourth year in a row these two countries have topped Henley & Partnersā€™ annual ranking of passports. Beyond easy, breezy travel, the consultancy found a strong correlation between a nationā€™s passport strength and economic power: Having a Japanese passport can send travelers visa-free to places that collectively make up 98% of the global economy.

Comparatively, those in last-ranked Afghanistan have visa-free access to only 27 countries that represent less than 1% of the global economy.

Find out where your country lands on the listā€”we promise thereā€™s no endless queue at customs to endure.

āœ¦ If your passport isnā€™t as strong as youā€™d like, you can travel the global economy with a Quartz subscriptionā€”weā€™re offering 50% off!


The Doomsday Clock has never been closer to midnight

The Bulletin of Atomic Scientists, who adjust their symbolic Doomsday Clock to reflect how close humanity is to self-destructing, has moved it forward to 90 seconds before midnight.

Itā€™s the closest the clock has ever been to striking 12 oā€™clock since its inception in 1947. The scientists pointed to the war in eastern Europe as a precipitating factor among a host of worries influencing the ticker.

What has moved the hands in the past? Quartzā€™s Amanda Shendruk illustrates the ebbs and flows of danger below.

Image for article titled šŸŒ BYD eyes Ford
Graphic: Amanda Shendruk

Quartzā€™s most popular

šŸ“± Inflation is eating up the demand for low-value smartphones in India

šŸ§  Microsoft keeps investing in ChatGPT creator OpenAI

āœŠšŸæ Women in Sierra Leone can finally own land

šŸ„Š Will there be a new Latin American currency to rival the US dollar?

šŸŽ© Even competition is bad for consumers when the prize is monopoly

šŸ§ There is no US debt crisis


Surprising discoveries

Earth is working on its core. The planetā€™s iron center may be in the process of reversing direction.

A green comet is making a once-in-a-50,000-year flyby. It may even be visible to the naked eye as it crosses the skies next week.

ChatGPT could earn itself an MBA. Itā€™d probably be a B-student (pdf), according to its achievement on a Wharton test.

A halachic ruling has been made on lab-grown beef. Israelā€™s chief rabbi said it can be kosher.

Bottomless spiders grow their behinds anew. But itā€™s only young sea spiders that can regenerate their lower halves.


Our best wishes for a productive day. Send any news, comments, plank challenges, and Neanderthal lore to hi@qz.com. Reader support makes Quartz available to allā€”become a member. Todayā€™s Daily Brief was brought to you by Amanda Shendruk, Michelle Cheng, Sofia Lotto Persio, Julia Malleck, and Morgan Haefner.