Smart Cars
BMW Urges EU to Reconsider 2035 Ban on New Fuel Cars: Labels It Unrealistic
October 17, 2024 – At the Paris Auto Show on Tuesday local time, BMW CEO Oliver Zipse made a clear statement advocating for a new regulatory approach in Europe. He emphasized the need for Europe to leverage its technological advantages and reduce reliance on battery imports. According to reports from AutoNews and Bloomberg, Zipse suggested…
Stellantis to Decide Fate of UK Factories in Coming Weeks Amid Zero-Emission Mandate
October 17, 2024 – Following months of dialogue with the UK government regarding the mandatory sales of zero-emission vehicles, Stellantis NV CEO Carlos Tavares has revealed that the company is on the cusp of making a critical decision about its future in Britain. The automaker, which owns the British brand Vauxhall, had previously cautioned in…
Stellantis CEO Warns: EU Tariffs on Chinese EVs to Hasten Closure of Local Auto Plants
October 16, 2024 – Reuters reported that on the 15th local time, Stellantis CEO Carlos Tavares issued a warning: the tariffs imposed by the European Union (EU) on Chinese electric vehicles (EVs) would accelerate the closure of local automobile manufacturing plants in Europe. In Tavares’s view, imposing tariffs on Chinese EVs would compel Chinese automakers…
Cybertruck’s Stellar Performance: Ranked Third in American EV Sales for the Third Quarter
October 15, 2024 – According to data provided by Cox Automotive, the Tesla Cybertruck emerged as the third best-selling electric vehicle in the United States during the third quarter of 2024. This fully electric pickup truck trailed only its two siblings from the same brand – the Model Y crossover and the Model 3 sedan,…
Paris Auto Show 2024: Chinese Automakers Step into the Spotlight as Mercedes and Japanese Giants Skip Event
October 14, 2024 – The 90th edition of the Paris Mondial de l’Automobile is set to take place at the Paris Expo Porte de Versailles from October 14th to 20th. As the world’s first auto exhibition, dating back to 1898, its influence in the industry is unquestionable. Looking back at the Paris Auto Show two…
Audi Unveils Q6 E-tron Sportback with Impressive 408-Mile Range
October 14, 2024 – The Audi Q6 E-tron family has expanded with the introduction of a new Sportback variant, featuring a more slanted roofline that not only enhances its sporty appearance but also boosts the maximum range. Drawing inspiration from the first-generation Audi TT, the new Q6 E-tron Sportback’s roofline extends at an aggressive angle…
Tesla Unveils Cybercab: A Cybertruck-Like Robotaxi Minus the Stainless Steel
October 14, 2024 – Despite its resemblance in shape and color to the Cybertruck, Tesla’s two-seater autonomous taxi, the Cybercab, does not feature a stainless steel exterior, according to a revelation made by a purported company engineer on social media platform X. The engineer, going by the name Eric E., stated on the X platform,…
Korean Mercedes EQE Owners Sue for Battery Supplier Misrepresentation
October 13, 2024 – A group of Mercedes-Benz EQE electric vehicle owners in South Korea have filed a class-action lawsuit against the German automaker and other related parties, accusing them of falsely advertising the batteries used in the EQE models. The class-action lawsuit arises from a severe apartment fire incident that occurred in Incheon City…
Li Ke of BYD: Competition Fortifies Chinese Automakers, While European Rivals Shun It
October 12, 2024 – In an interview with German media, Li Ke, the Executive Vice President of BYD, asserted that the intense competition in the market has rendered Chinese automakers “exceptionally competitive,” whereas European automakers, on the other hand, are averting competition. Li Ke Li Ke spoke to the Frankfurter Allgemeine Zeitung’s Sunday edition regarding…
Tesla’s Stock Tumbles 8% After ‘Historic’ Announcement; Market Cap Drops by $67 Billion
October 12, 2024 – In the local markets on October 11, Tesla’s shares plunged by 8.78%, closing at 217.8,whichresultedinamarketcapitalizationof695.79 billion. This significant drop wiped out $67 billion from the company’s valuation overnight. The preceding day, on October 10, Tesla unveiled its autonomous taxi and autonomous van models. However, due to the scarcity of detailed information,…