Apple’s Quarterly R&D Spending Hits Record $11.73 Billion, Up 32% YoY

July 31, 2026 – Apple has posted another record-breaking quarter for research and development spending, underscoring the company’s accelerating investment in future technologies, particularly artificial intelligence. During the third quarter of its fiscal 2026, which covered the period from March 28 to June 27, 2026, Apple allocated $11.73 billion to R&D. The figure represents a…

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BYD’s Electric K-Car Racco Surpasses 5,000 Pre-Orders in First Week, Signaling Strong Japan Market Demand

July 31, 2026 – BYD’s Electric K-Car “Racco” Secures Over 5,000 Orders in First Week After Pre-Sale Launch BYD’s first Japan-focused electric K-Car, the Seagull-inspired “Racco,” has gained strong early momentum, collecting more than 5,000 locked-in deposits within its first week of opening for pre-orders. The compact EV had already attracted significant attention before its…

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Tesla Faces Major Autopilot Computer Issues in New US Cars, Disrupting Multiple Vehicle Functions

December 17, 2024 – According to a report by Electrek, a significant number of new Tesla vehicles have encountered failures in their autopilot computers, resulting in the malfunction of various features including active safety functions, cameras, GPS navigation, and range estimation. This widespread issue has placed considerable strain on Tesla’s after-sales service. Electrek, through internal…

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Toyota Unveils $10 Billion U.S. Investment Plan for Next 5 Years

November 13, 2025 – Toyota Motor Corporation has just made a major announcement, revealing its plan to pour an additional up to 10billionintotheUnitedStatesoverthenextfiveyears.Withthisnewinfluxoffunds,Toyota′scumulativehistoricalinvestmentintheU.S.issettosoartoapproximately60 billion. In a related development, Toyota held a grand opening ceremony for TBMNC, its first self-owned battery manufacturing enterprise outside of Japan. Situated in North Carolina, this facility marks Toyota’s 11th manufacturing…

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