German Antitrust Authority Gives Green Light to Volkswagen-Rivian Joint Venture
July 30, 2024 – The German antitrust regulatory authority, the Bundeskartellamt, announced on July 29 local time that it has approved the establishment of a 50%-50% joint venture between Volkswagen and the American automotive startup Rivian. The regulator also gave the nod for Volkswagen to acquire a minority stake in Rivian. Volkswagen had previously declared…
Samsung Unveils Exynos 2400 Processor with Remarkable Performance Boost
October 24, 2023 – Samsung unveiled its Exynos 2400 processor during the System LSI Technology Day event held on October 5, 2023, in San Jose, California, USA. This new processor boasts a significant improvement in CPU performance, surpassing the Exynos 2200 by a remarkable 70%, and a staggering 14.7-fold increase in AI processing capabilities. Recently,…
Lei Jun Stands Next to 1.96m Xiaomi Employee, Admits He Feels the Pressure
July 31, 2026 – Xiaomi’s latest electric vehicle project has highlighted a new approach to large-family mobility, with the company showcasing the impressive interior flexibility of its upcoming Pengcheng N90 Max model at a launch event. During the presentation, seven members of Xiaomi’s Pengcheng development team stepped out of the N90 Max, with the tallest…
Apple’s Vision Pro: Unveiling the Second Generation and Global Expansion Plans
November 28, 2023 – Apple’s Vision Pro is anticipated to make its debut in the United States in early 2024, with subsequent plans for market expansion in the United Kingdom and Canada. According to reports from DigitTimes, Apple’s supply chain is already gearing up for the production of the second-generation Apple Vision Pro. The upcoming…
iOS 17.2.1 Launches as Apple Discontinues Verification for Previous Versions
December 20, 2023 – In a recent development in the tech world, Apple has taken a significant step by discontinuing the verification channels for iOS 17.1.1 and iOS 17.1.2. This decision has important implications for iPhone users, as it means that once they upgrade their devices, reverting back to these specific versions is no longer…
Tesla Offers One-Month Free Trial of Full Self-Driving to North American Car Owners
May 09, 2023 – Tesla, the American electric vehicle company, has announced that it will offer a one-month free trial of its Full Self-Driving (FSD) package to all car owners in North America. The offer is contingent on FSD being super smooth rather than just safe. Currently priced at $15,000 or $199/99 per month in…
Volkswagen CFO: EVs Still Less Profitable Than ICE Vehicles
May 8, 2026 – Volkswagen Group’s Chief Financial Officer (CFO), Arno Antlitz, recently revealed during an earnings call that the profit margins of electric vehicles (EVs) still lag significantly behind those of internal combustion engine (ICE) vehicles. He emphasized that true profitability parity between EVs and ICE vehicles may only be achieved once the next-generation…
Unveiling the Exquisite BMW XM Label Red Limited Edition
September 15, 2023 – Today in New York, BMW enthusiasts have reason to celebrate as the iconic automaker unveils a truly exceptional vehicle – the BMW XM Label Red Limited Edition. Priced at a staggering $2.8 million, this exclusive model is set to become the crown jewel of SUVs with only 500 units available worldwide….
Countdown to Delivery: Faraday Future’s FF 91 2.0 Futurist Alliance Car Ceremony Scheduled for the Weekend
August 10, 2023 – In an exciting announcement today, FF (Faraday Future) has revealed its plans for a remarkable event, marking the commencement of a unique partnership with developers in the automotive world. FF has unveiled its intention to live-stream the delivery ceremony of the inaugural FF 91 2.0 Futurist Alliance vehicle. This event will…
Cybertruck Delivery Extravaganza: Tesla’s Texas Gigafactory Event Set for November 30th
November 15, 2023 – Tesla has recently sent out a large number of invitations, confirming that the Cybertruck delivery event will take place on November 30th at the Texas Gigafactory. This marks the culmination of a four-year wait since the Cybertruck’s initial unveiling. Regarding eligibility for attendance at the delivery event, Tesla has stated that…
