Smart Cars
Tesla Sales Slide Again in March as U.S. EV Market Grows by 3.8%
May 29, 2024 – The competition in the U.S. electric vehicle (EV) market is heating up, as evidenced by the recent decline in new car registrations for Tesla, the longtime market leader. According to the latest data from S&P Global Mobility, despite a slight overall growth of 3.8% in EV sales in the U.S. in…
BMW Plans Limited Run of 20-25 Skytop Concept Cars
May 29, 2024 – Adrian van Hooydonk, the Design Director of BMW Group, recently hinted at the possible limited production of the newly unveiled concept car, Skytop, at the just-concluded Concorso d’Eleganza Villa d’Este in Italy. According to Hooydonk, the company might manufacture between 20 to 25 units of the Skytop by 2026, depending on…
BYD Unveils Revolutionary DM Technology: 2.9L Fuel Consumption and 2100km Endurance
May 29, 2024 – At a recent event, BYD unveiled its fifth-generation DM technology alongside the launch of the Qin L DM-i and Haibao 06 DM-i models. The company officially announced this latest DM technology, boldly claiming that it would “usher in the era of 2L fuel consumption.” According to BYD, the fifth-generation DM technology…
Faraday Future Faces Uncertainty: Delivered Only 4 FF 91 Futurist Cars Last Year
May 29, 2024 – Faraday Future (FF), the electric vehicle startup, has recently disclosed its financial results for the fourth quarter and full year ended December 31, 2023. The report reveals that the company generated a meager revenue of 800,000fortheentireyear,whileincurringsalescostsof43 million. Interestingly, the report states that there was no revenue or sales cost in 2022,…
The Boring Company Hits Major Milestone: 2 Million Riders and Beyond
May 27, 2024 – Elon Musk’s tunneling venture, The Boring Company, has recently achieved a significant milestone as its first underground loop in Las Vegas surpassed 2 million riders. This remarkable feat comes just one year after the company announced it had transported 1 million passengers, indicating a doubling of ridership in a short span…
Tesla FSD System Under Scrutiny After Nearly Causing Train Collision
May 27, 2024 – A recent incident involving a Tesla vehicle in Full Self-Driving (FSD) mode has sparked controversy, as the driver claimed that the car nearly collided with an oncoming train. The driver, Craig Doty II, has voiced his concerns over the apparent lack of response from Tesla’s FSD system during the emergency and…
Volkswagen CFO Advocates Cost Reduction Over Tariffs to Compete With Chinese EVs
May 27, 2024 – According to a report by Bloomberg, Arno Antlitz, the Chief Financial Officer of Volkswagen, stated this week that imposing higher import tariffs on Chinese-made electric vehicles by the European Union would only provide a “temporary breather.” In the long run, he emphasized, cost reduction remains the essential condition for maintaining competitiveness….
Toyota’s EV Push: Catching Up After Two Years of Intense Development
May 23, 2024 – Ted Ogawa, the CEO of Toyota Motor’s U.S. division, has admitted that the company is currently lagging behind Tesla but is actively “catching up” in the field of electric vehicles (EVs) and new technologies. Toyota’s transition towards electrification has faced challenges, as evidenced by the bumpy start of its first EV…
Soaring EV Sales in the US Result in Electricity Consumption Surpassing That of the Rail System
May 22, 2024 – According to data from the U.S. Energy Information Administration (EIA), the annual electricity consumption of light-duty electric vehicles (EVs) in the United States surpassed that of the railroad system for the first time in 2023. The EIA has been publishing estimated electricity consumption data for EVs at the national, regional, and…
Tesla Reveals Revolutionary Robotaxi Interior: A Steering-Wheel-Free, Two-Seater Car
May 21, 2024 – Tesla has recently released a promotional video via the X platform, urging shareholders to vote in favor of Elon Musk’s $55 billion compensation package and the relocation of the company’s incorporation to Texas. Within the video, a glimpse of what appears to be the interior of Tesla’s upcoming Robotaxi has sparked…