Smart Cars
BMW M Division to Introduce Simulated Gear Shifting and Sound Effects in Electric Vehicles
June 25, 2024 – The Hyundai IONIQ 5 N, highly praised by car enthusiasts, has emerged as one of the electric vehicles (EVs) that places the utmost emphasis on the driving experience. Recently, the head of BMW’s M division revealed that they are developing simulated gear shifting and sound effects for their electric cars, a…
Toyota Follows Tesla’s Lead, Opens Lexus Charging Stations to All EVs
June 25, 2024 – Toyota, despite its slow transition towards electric vehicles, seems to be taking cues from the industry giant Tesla. The automaker has announced that it will open up its luxury brand Lexus’ charging stations to all electric vehicles in Japan, mirroring Tesla’s practice in the US and globally. It’s noteworthy that Lexus…
AI-Powered Vehicle Inspections: Comprehensive Reports in Just One Minute
June 24, 2024 – The omnipresence of AI is increasingly being felt in various industries, and the automotive sector is no exception. From in-car voice assistants powered by large language models to a myriad of intelligent driver-assistance systems, AI is revolutionizing the automotive experience. However, its potential extends far beyond these visible applications. According to…
Northvolt, Founded by Ex-Tesla Exec, Loses €2 Billion BMW Battery Deal Over Delivery Issues
June 22, 2024 – According to a report from Reuters, Swedish battery manufacturer Northvolt, founded by a former Tesla executive, has failed to fulfill a long-term supply agreement, leading BMW to recently cancel a battery contract signed with Northvolt in 2020 worth over 2 billion euros. Last year, Northvolt announced a significant breakthrough in energy…
Audi RS3 Mid-Cycle Facelift Sets New Nürburgring Record
June 22, 2024 – Audi released the first official photos of its mid-cycle facelifted RS3 model yesterday, announcing that the vehicle had achieved a lap time of 7 minutes and 33.123 seconds at the Nürburgring Nordschleife in Germany. This new record surpasses the previous compact sedan lap record set by the BMW M2 G87 by…
Tesla’s FSD Dilemma: Progress Brings New Hurdles, Says Musk
June 19, 2024 – At the 2024 annual shareholder meeting of Tesla, CEO Elon Musk discussed a significant challenge facing the company’s Fully Self-Driving (FSD) system. This challenge, which aligns with speculations made by industry insiders two years ago, could potentially impact Tesla’s goal of achieving autonomous taxi services. According to Musk, as the FSD…
Warren Buffett Continues to Reduce Stake in BYD, Cashing Out Over HK$300 Million as Shareholding Drops to 6.9%
June 18, 2024 – Berkshire Hathaway, owned by Warren Buffett, has sold 1.3 million shares of BYD’s Hong Kong-listed stock on June 11th, realizing approximately HK$310.5 million. Following this reduction, Berkshire Hathaway’s stake in BYD’s issued H shares has decreased from 7.02% to 6.90%. This marks the 14th publicly disclosed reduction of BYD H shares…
Tesla Sues Former Supplier for Battery Tech Theft, Demands Over $1 Billion
June 18, 2024 – Tesla has filed a lawsuit against its former supplier, Matthews International, accusing the company of stealing its trade secrets and attempting to patent confidential information related to electric vehicle batteries. The legal action was initiated in the Northern District of California federal court on Friday. Despite both companies being headquartered outside…
BYD’s New Energy Vehicles Make Their Mark in 20 European Countries with Over 260 Stores
June 17, 2024 – Since September 2022, BYD has been actively expanding its presence in the European market, introducing multiple new energy vehicle models to 20 European countries including Germany, Britain, Spain, Italy, France, the Netherlands, Norway, and Hungary, through collaborations with various partners. The company has opened over 260 stores across these regions. Recently,…
Dubai Police Welcome Tesla Cybertruck to Their Fleet
June 17, 2024 – According to Dubai Police’s official X platform account, the Dubai Police General Command has recently acquired a Tesla Cybertruck, which sports the iconic white and green color scheme of the Dubai Police, along with the force’s insignia on the hood. The pickup is reported to be integrated into the daily operations…