Smart Cars
Rivian Uncovers: Xiaomi SU7 Reveals China’s Supply Chain Advantage, Cutting Costs by 20%-40%
September 14, 2024 – In a surprising revelation, American electric vehicle upstart Rivian has procured the Xiaomi SU7 for benchmarking purposes, as reported by automotive outlet insideevs on September 12th. The publication hailed the SU7 as the ‘Chinese Apple Car’ in its headline, highlighting the vehicle’s significance. The confirmation came from Rivian CEO RJ Scaringe…
Tesla’s Alleged Robotaxi Spotted in Disguise in Los Angeles: A Two-Door, Two-Seater Design
September 14, 2024 – Tesla is gearing up for a grand event on October 10th at the Warner Bros. film studio in the Los Angeles area, where it plans to unveil its highly anticipated Robotaxi, an autonomous ride-sharing vehicle. Elon Musk, the CEO of Tesla, has declared this day as the most significant for the…
BYD Hits Milestone: 900,000 Employees, 110,000 in R&D – A Global Automotive Leader
September 13, 2024 – Li Yunfei, General Manager of Brand and Public Relations at BYD Group, revealed today on Weibo that the company has achieved a significant milestone, with its total number of employees exceeding 900,000. This makes BYD the A-share listed company with the largest number of employees among over 5,300 such companies, surpassing…
Toyota Prius Sets New Guinness Record with 2.52L/100km Fuel Efficiency
September 13, 2024 – The Autopian, a leading automotive media outlet, reported on September 12th that an unmodified Toyota Prius, the fifth generation model, has set a new Guinness World Record. Under the skilled hands of Wayne Gerdes, the hybrid vehicle achieved an impressive combined fuel economy average of 93.158 miles per gallon (equivalent to…
BYD Clarifies: No Official Word on Raising Annual Sales Target to 4 Million
September 11, 2024 – According to a report released by Morgan Stanley’s automotive industry analysts, including Tim Hsiao, on September 9th, it was noted that BYD’s management had announced an increase in their annual sales target to 4 million vehicles, an upward adjustment of approximately 400,000 units compared to their previous sales guidance. In response…
BYD Raises Annual Car Sales Target to 4 Million, Analysts Report
September 10, 2024 – According to a report by Bloomberg, Morgan Stanley’s automotive industry analysts, including Tim Hsiao, stated in a report on September 9 that BYD’s management has announced an increase in its annual sales target to 4 million vehicles. The report mentioned that BYD’s previous sales target was approximately 3.6 million vehicles. The…
Tesla’s Wireless Charging Vision Comes to Light with Four Newly Revealed Patents
September 09, 2024 – The United States Patent and Trademark Office has recently revealed four patents held by Tesla, which are related to wireless charging technology for vehicles. These patents suggest that Tesla cars may soon be capable of wireless charging, utilizing methods such as magnetic resonance. Historically, Tesla had shown little interest in incorporating…
Volkswagen Pays Homage to Golf Fire and Ice with New ID.3 GTX Fire+Ice Electric Hatchback
September 07, 2024 – At the ID. conference held in Locarno, Switzerland, Volkswagen unveiled the ID.3 GTX Fire+Ice, a collaboration with fashion brand Bogner that pays tribute to the Golf Fire and Ice of the 1990s. Volkswagen highlighted the Golf Fire and Ice’s immense success, noting its loyal fanbase worldwide and the admiration it holds…
Japan Boosts EV Battery Production with $2.4 Billion Subsidy Plan for Toyota, Nissan
September 07, 2024 – The Japanese government has announced today, according to Reuters, its plan to bolster the country’s battery supply chain by offering additional subsidies for the production of electric vehicle batteries. This move includes a commitment to provide up to $2.4 billion in support for related projects by Toyota and other major companies,…
Volvo Revises 2030 Electrification Goal Due to Lower-Than-Expected Demand
September 05, 2024 – Swedish automaker Volvo has announced on Wednesday, according to Reuters, that it has revised its previous goal of only selling fully electric vehicles by 2030. The company now plans to include some hybrid cars in its product lineup for that year. Volvo Cars stated that due to changing market conditions and…