Smart Cars
Tesla’s Refreshed Model 3 Performance Obtains South Korean Certification, Revealing New Details
March 06, 2024 – Tesla’s refreshed Model 3 Performance has recently obtained certification in South Korea, revealing some intriguing details about the upcoming electric vehicle. This new iteration boasts a front 3D3 induction asynchronous motor paired with a rear 4D2 permanent magnet synchronous motor (a new configuration), delivering 215 horsepower and 412 horsepower respectively. However,…
Samsung SDI to Lead EV Revolution with 2027 Mass Production of All-Solid-State Batteries
March 05, 2024 – In a move that is set to revolutionize the electric vehicle (EV) industry, Samsung SDI has announced plans to commence mass production of all-solid-state batteries (ASB) by 2027. The announcement, made ahead of the upcoming InterBattery 2024 exhibition, outlines the company’s preparations in the ASB field, positioning it as a solution…
Aston Martin Focuses on Performance, Not Luxury, Despite Record Prices
March 04, 2024 – Despite experiencing a surge in its average selling price to a record-breaking £213,000 (approximately 1.94 million Chinese yuan) due to high levels of personalized customization, Aston Martin has stated that it has no intention of entering the luxury car market. Previously, under the leadership of former CEO Andy Palmer, Aston Martin…
Tesla Unveils Upcoming Model 3 Ludicrous: Expected to Hit Markets in 2024
February 26, 2024 – Recently, a set of uncamouflaged real-life images of the upcoming Tesla Model 3 performance variant have surfaced online, sparking excitement among enthusiasts. According to reports, the new model is rumored to be named the Model 3 Ludicrous and is expected to hit the market sometime in 2024. The images reveal a…
Tesla Model 3 Performance Upgrade Spotted with Sports Seats for High-Intensity Driving
February 19, 2024 – Recently surfaced camouflaged spy shots of the upcoming Tesla Model 3 Performance upgrade have confirmed that the soon-to-be-released all-electric sedan will be equipped with sports seats designed for high-intensity driving. In line with other Tesla seat designs, the Model 3 Performance’s sports seats feature a sleek white aesthetic, adding to the…
Tesla’s Mexican Gigafactory Groundbreaking Postponed to March Amidst Permit Delays and Local Concerns
February 19, 2024 – According to a report by the local Mexican media outlet Milenio, the groundbreaking ceremony for Tesla’s Mexican Gigafactory is now expected to take place in March, as revealed by the Governor of Nuevo León, Samuel García Sepúlveda, during a visit to a community center in Monterrey. Initially scheduled to occur this…
Lamborghini Unveils First-Ever Hybrid Urus for 2024 Release
February 16, 2024 – Lamborghini has unveiled an ambitious new product roadmap, announcing that its first-ever plug-in hybrid version of the Urus super SUV is slated for release in 2024. Spy shots obtained by the media reveal a radical redesign for the hybrid Urus, featuring a bold new front fascia with an oversized intake grille…
Tesla Unveils Bold Capital Expenditure Plans for 2024 and Beyond
January 30, 2024 – Tesla has today shed light on its capital expenditure plans for 2024 and beyond through the release of its 10-K report. In keeping with its tradition of increasing investments, the electric vehicle giant anticipates spending at least 10billionthisyear,anamountthatequatestoapproximately71.8billionChineseyuan.For2025and2026,thecompanyhasbudgetedbetween8 billion and $10 billion. Acknowledging the dynamic nature of its undertakings, Tesla cautioned…
BYD Outpaces Tesla in Electric Vehicle Sales, Reports Record Profits for 2023
January 30, 2024 – BYD Company Limited has demonstrated remarkable profitability in recent times, as evidenced by their latest financial report. According to the 2023 annual performance forecast released by the company on January 29th, BYD is anticipating a net profit attributable to shareholders in the range of 29 to 31 billion yuan for 2023….
Tesla Reports Robust 2023 Financial Results, Led by Strong Model Y Sales and Soaring Energy Business Profits
January 25, 2024 – Tesla has unveiled its financial results for 2023, revealing a steady increase in revenue and profits despite facing various challenges throughout the year. According to the report, Tesla’s total revenue for the fourth quarter of 2023 amounted to 25.17billion,representinga396.77 billion, a significant 19% increase from 2022. In terms of profitability, Tesla…