Smart Cars
Starbucks and Mercedes-Benz Collaborate on Electric Charging Stations for American Roads
July 18, 2024 – Mercedes-Benz has announced a partnership with Starbucks to install 400-kilowatt high-speed electric vehicle charging stations at 100 Starbucks locations along Interstate 5 on the West Coast of the United States. This initiative is part of the automaker’s global plan to establish 2000 charging hubs, with a total investment of $1 billion….
Porsche Bolsters Electric Macan Range with Rear-Wheel Drive and 4S Versions
July 17, 2024 – Porsche has officially commenced production of its first all-electric Macan in Germany, marking a significant milestone in the luxury carmaker’s electric vehicle journey. To cater to a broader consumer base, Porsche has recently unveiled two new variants of the electric Macan – a lighter rear-wheel-drive edition and a dual-motor 4S version….
Three Months After Layoffs, Tesla Launches Significant Hiring Initiative
July 17, 2024 – Tesla is in the process of hiring nearly 800 new employees, just three months after CEO Elon Musk issued the largest layoff order in the company’s history. According to Bloomberg’s analysis, new job postings have appeared on Tesla’s career page in recent weeks, ranging from artificial intelligence experts to service positions….
Tesla Faces Year-End Deadline to Resolve 4680 Battery Issues as Ordered by Musk
July 16, 2024 – Despite Elon Musk’s initial claims about the potential of the 4680 battery, the technology has faced challenges in meeting performance and production targets in 2023. This has led to the postponement of Tesla’s planned “$25,000 electric vehicle,” which has been repeatedly delayed and was shelved in February of this year. According…
GM CEO Acknowledges Challenges in Meeting 2025 EV Production Goal
July 16, 2024 – General Motors (GM), which announced in 2021 its ambition to achieve a zero-emission target by 2035, now faces uncertainty regarding its milestone plan to have a production capacity of 1 million electric vehicles (EVs) per year in North America by the end of 2025. In an interview with CNBC on Monday,…
SAIC Group to Set Up First European EV Factory in Spain, Targeting 2027 Launch
July 13, 2024 – According to reports from Europa Press and Expansión, the SAIC Group is considering establishing its first electric vehicle factory in Europe in Spain, dedicated to producing MG cars for sale across the region. The company is currently in discussions with the Spanish Ministry of Industry regarding the potential set-up of the…
Vinfast Scales Back 2024 Delivery Outlook, Now Aiming for 80,000 Units
July 13, 2024 – In a recent announcement, Vietnamese automotive upstart Vinfast has revised its delivery projections for 2024, slashing the anticipated tally from an initial target of 100,000 units to a more modest 80,000. This strategic adjustment underscores the company’s commitment to realistic targets amidst a dynamic market landscape. Delving into the performance metrics,…
Tesla Raises Prices of Chinese-Made Model 3 by 1,500 Euros in Germany Amid EU Tariffs
July 11, 2024 – Following the implementation of tariffs by the European Union (EU) on electric vehicles made in China, Tesla announced on Wednesday that it has increased the prices of its Model 3 cars in several EU countries including France, Germany, Italy, Greece, Poland, Spain, and Sweden by approximately 1,500 euros. The new pricing…
Hungary Urges EU to Accelerate EV Transition, Opposes Tariffs on Chinese Imports
July 11, 2024 – Hungarian Minister of Economic Development, Naji Maton, announced at a press conference in Budapest on July 10th that Hungary has submitted a proposal to the European Union’s Competitiveness Council. The proposal outlines a comprehensive set of measures aimed at accelerating the European Union’s transition to electric vehicles. Maton emphasized the need…
Stellantis Ramps Up European Hybrid Push with 30 New Models this Year
July 09, 2024 – Stellantis Unveils Ambitious Hybrid Expansion Strategy for European Markets, Aiming for a Greener Tomorrow In a move designed to cater to the escalating demand for sustainable mobility in Europe, Stellantis has announced a sweeping expansion of its hybrid technology across multiple brands, pledging to introduce an impressive 30 hybrid models across…