Toyota’s $8 Billion Investment Boosts Electric Vehicle Battery Production in North Carolina

November 01, 2023 – Toyota, on Tuesday, announced an $8 billion expansion of its electric vehicle battery manufacturing facility in North Carolina, USA, along with the addition of approximately 3,000 new job positions, in a move to accelerate the electrification of its product lineup. Toyota aims to offer electrification options for all its vehicle models…

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Elon Musk Unveils Cybertruck’s ‘Beast Mode’ and Bulletproof Testing

November 01, 2023 – In a podcast appearance on Tuesday, Tesla CEO Elon Musk provided updates on the highly anticipated electric pickup truck, the Cybertruck. Musk discussed various aspects of the vehicle, including its weight, acceleration, and protection capabilities. He also reiterated Tesla’s goal of producing 200,000 Cybertrucks annually. Previously, Tesla had stated its capacity…

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Porsche’s Future Models to Feature Google Apps and Ecosystem Amid Volkswagen’s Challenges

October 31, 2023 – Porsche announced today that its future vehicle models will integrate Google’s navigation, voice assistant, and ecosystem. This integration with the Google ecosystem includes Google Maps, Google Assistant, and various applications available through the Google Play Store. It’s worth noting that earlier this year, Porsche expressed its consideration of adopting Google’s software…

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Ford Postpones $12 Billion Electric Vehicle Investment Plan in Response to Market Challenges

October 27, 2023 – Ford Motor Company has announced a postponement of their $12 billion investment plan in electric vehicles, which includes a partnership to build a second battery factory with SK On. During the earnings conference, Ford’s Chief Financial Officer, John Lawler, emphasized that the company remains committed to the electric vehicle sector. Lawler…

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Innovation and Personalization: Inside the Lexus LF-ZL Electric SUV Concept

October 25, 2023 – Lexus unveiled a futuristic electric flagship SUV concept at the Tokyo Motor Show, named the LF-ZL. This vehicle boasts the latest hardware and software technologies, promising a highly personalized driving experience. While it draws upon the design elements of existing models like the RZ, the LF-ZL features innovative exterior aesthetics and…

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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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