Smart Cars
Volkswagen Shifts Focus: Polo Production Halts in Europe to Make Way for Compact Electric Cars
September 24, 2024 – After a four-decade journey, Volkswagen has brought the curtain down on the production of its iconic Polo in Europe, as reported by European Car News and Carscoops today. The small car, which was being manufactured at the company’s Pamplona factory in Spain, will now be exclusively produced at the Kariega plant…
Tesla’s Supercharger Network Expansion Hits a Snag, New Ports Down 28% YoY
September 23, 2024 – In recent months, the expansion of Tesla’s Supercharger network has experienced a slowdown. According to a report by IT Home in April this year, the company’s massive layoffs had depleted the team responsible for installing new electric vehicle charging stations. Despite Tesla’s efforts to rebuild the team, including rehiring some previously…
Neta Automobile Secures BRL 1 Billion from Latin America’s Top Bank for Charging Infrastructure
September 21, 2024 – Neta Automobile has announced a strategic partnership with Latin America’s largest investment bank, BTG Pactual, and Brazilian import trader Sertrading. According to Neta, the financial support of 1 billion Brazilian reais provided by BTG Pactual and Sertrading will be utilized for import services, charging infrastructure development, and other related areas in…
Norway Leads the Way: Electric Car Ownership Tops Gasoline Vehicles
September 20, 2024 – Despite being rich in oil resources, Norway has now emerged as a global leader in vehicle electrification. According to the latest vehicle registration data released by the Norwegian Road Federation (OFV), the country has surpassed a significant milestone with the number of electric cars exceeding that of gasoline-powered vehicles, making it…
Faraday Future Welcomes Koti Meka as New Chief Financial Officer, Succeeding Jonathan Maroko
September 19, 2024 – Faraday Future has announced today that Jonathan Maroko has notified the company of his decision to resign from his position as Interim Chief Financial Officer, effective from September 20, 2024. According to the announcement, on September 17, 2024, the company’s board of directors appointed Koti Meka as the new Chief Financial…
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…