Smart Cars
South Korea’s Electric Vehicle Charging Stations Exceed 240,000 Mark
June 19, 2023 – As the demand for electric vehicles continues to soar, the need for charging infrastructure has also seen a substantial increase. Automobile manufacturers and charging service providers are tirelessly constructing charging stations and deploying more charging points. In countries that are strongly promoting electric vehicle adoption, the number of charging stations is…
Mercedes-Benz Introduces ChatGPT Integration Test for Luxury Car Owners in the US
June 16, 2023 – Mercedes-Benz Embarks on ChatGPT Integration Test for Select Luxury Models Mercedes-Benz announced today its plans to commence a pilot program, starting on June 16, that will allow American drivers to utilize the ChatGPT conversational AI in a range of their luxury vehicle models. With compatibility across approximately 900,000 vehicles equipped with…
Tesla CEO Elon Musk Urges Toyota to Embrace NACS Charging Standard
June 15, 2023 – Automakers across the globe are accelerating their efforts towards electrification, revolutionizing the future of transportation. As the demand for electric vehicles (EVs) continues to soar, major players in the industry are striving to develop innovative solutions that address the challenges of charging infrastructure. In recent weeks, a notable shift has occurred…
The Next Chapter of Classic Performance: Nyobolt EV Combines Heritage and Electric Innovation in the Spirit of the Lotus Elise
June 14, 2023 – The global demand for the revival of classic cars has surged as the trend towards electrification in the automotive industry continues to deepen. A recent unveiling has brought the classic sports car, Lotus Elise, back into the limelight, but this time in an electrified form. Introducing the “Nyobolt EV,” a concept…
Collaborative Breakthrough: Hyundai Joins Forces with Samsung, SK, and LG in Automotive Alliance
June 13, 2023 – In a remarkable move, Hyundai has announced a groundbreaking alliance with Samsung, SK, and LG, aiming to revolutionize the electric vehicle industry by leveraging their combined strengths and resources. According to reports, Samsung will primarily contribute its cutting-edge semiconductor solutions for autonomous driving systems. SK, on the other hand, will focus…
Unveiling “Project Highland”: Tesla’s Ambitious Redesign for the Model 3
June 13, 2023 – Tesla Embarks on Project Highland for Model 3 Redesign Tesla is embarking on an ambitious project codenamed “Project Highland” to revamp its popular Model 3 sedan. While still in the realm of rumors, the upcoming redesign has already generated significant buzz as test vehicles have been spotted, hinting at potential new…
$5.9 Billion Dividends Repatriated from Overseas Subsidiaries for Electric Vehicle Investments
June 12, 2023 – Hyundai Motor Group, the South Korean automotive conglomerate, has recently announced its plans to tap into the reserves of its overseas subsidiaries to ensure essential financial resources for expanding investments in the domestic electric vehicle (EV) sector. In particular, Hyundai Motor aims to increase the dividends from select overseas subsidiaries by…
Tesla Leases Additional Facility in California for 4680 Battery Production
June 12, 2023 – In a recent development, Tesla, the electric vehicle giant that had already doubled the production capacity of its 4680 batteries in the third quarter of last year, is now preparing to further increase their production in California. Reports suggest that Tesla has leased a new facility for this specific battery type….
Unbelievable Price Gap: Tesla Model 3 Costs Nearly 90,000 Yuan Less in the US than in China
June 9, 2023 – As a highly popular model globally, the Tesla Model 3 stands out in the Chinese market with its competitive price compared to other regions. It is also one of the areas with the lowest prices worldwide. However, when considering various subsidies, the starting price of Tesla in the United States can…
Driving the Green Revolution: Toyota’s Groundbreaking EV Battery Lab Takes Center Stage in Michigan
June 9, 2023 – In a significant move towards electrification, Toyota Motor Corporation announced yesterday that it will establish a state-of-the-art laboratory dedicated to the research and development of electric vehicle (EV) batteries. With an investment of nearly $50 million (approximately 356 million RMB), the laboratory will be located at Toyota’s North American Research and…