Tesla’s Rapid Expansion: Annual Production Capacity Hits 2.35 Million

October 24, 2023 – Tesla’s Impressive Growth and Expansion Tesla, the world’s largest electric vehicle manufacturer, continues to raise the bar in terms of potential annual production capacity. According to their third-quarter financial report, their capacity now surpasses 2.35 million vehicles, an increase of 325,000 vehicles from the previous quarter and a year-over-year growth of…

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First-Ever Collaboration: Samsung SDI’s EV Battery Deal with Hyundai, Starting 2026

October 23, 2023 – Samsung SDI, a South Korean battery manufacturer, announced on Monday that it will commence supplying electric vehicle (EV) batteries to Hyundai Motor starting in 2026, in a seven-year agreement marking the first-ever battery supply deal between the two companies. In a statement, Samsung SDI stated, “This latest supply agreement signifies the…

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Stellantis and DS Automobiles Unveil ChatGPT Integration: A European First

October 23, 2023 – European automotive giant Stellantis announced last Thursday through an official press release that ChatGPT is set to make its debut in the luxury car brand DS, marking the first European automaker to incorporate ChatGPT into its vehicles. According to the announcement, ChatGPT will be seamlessly integrated with DS Automobiles’ in-car system,…

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Tesla’s Model 2: Affordable, Practical, and Coming in 2025

October 20, 2023 – Elon Musk announced during a recent earnings call that deliveries of the Cybertruck electric pickup will commence on November 30th. Furthermore, the forthcoming Model 2 is set to emphasize “practicality” and will boast a production speed far exceeding that of the Cybertruck. During the call, Musk revealed that Tesla’s soon-to-be-released, budget-friendly…

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Faraday Future Unveils Strategic Plan for Sustainable Growth

October 17, 2023 – Faraday Future, according to the latest announcement on their official social media account, unveiled a comprehensive plan today aimed at supporting the company’s steady growth and ensuring sustainability and profitability, all while reducing the company’s reliance on external sources of funding. Faraday Future is set to disclose further details at the…

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