Smart Cars
Trust in Japanese Manufacturing Eroded: Over 5,000 Companies Face Bankruptcy in Six Months
October 18, 2024 – According to recent data released by the Tokyo Shoko Research Institute, a private research organization in Japan, the number of bankruptcies in the country has surpassed 5000 in the six months from April to September this year, marking a decade-high. Sakata Yoshihiro, the head of the intelligence department at the Tokyo…
Paris Auto Show 2024: Chinese Automakers Step into the Spotlight as Mercedes and Japanese Giants Skip Event
October 14, 2024 – The 90th edition of the Paris Mondial de l’Automobile is set to take place at the Paris Expo Porte de Versailles from October 14th to 20th. As the world’s first auto exhibition, dating back to 1898, its influence in the industry is unquestionable. Looking back at the Paris Auto Show two…
Norway Leads the Way: Electric Car Ownership Tops Gasoline Vehicles
September 20, 2024 – Despite being rich in oil resources, Norway has now emerged as a global leader in vehicle electrification. According to the latest vehicle registration data released by the Norwegian Road Federation (OFV), the country has surpassed a significant milestone with the number of electric cars exceeding that of gasoline-powered vehicles, making it…
Norway Hits New Milestone: Electric Vehicles Account for 94% of Car Sales in August
September 04, 2024 – Norway, a leading producer of oil and gas, has set a new world record in electric vehicle (EV) sales. In August, EVs accounted for a staggering 94% of all car sales in the country, as reported by the Norwegian Road Federation (OFV) on Monday. Among the 11,114 cars sold in August,…
Mercedes-Benz and BMW Embrace Battery Transparency Following Korean Government Recommendation
August 14, 2024 – Following a severe fire incident earlier this month, the South Korean government held a meeting on Tuesday, urging all automobile manufacturers to voluntarily disclose detailed battery information for their electric vehicles (EVs). This information has traditionally been considered confidential within the industry. The incident, which occurred in Incheon, involved a Mercedes-Benz…
Nearly One-Third of European Consumers Favor Chinese Electric Vehicles in Market Survey
June 28, 2024 – Based on a recent market study conducted by McKinsey, a noteworthy trend has emerged in the European electric vehicle (EV) market, indicating that 27% of EV consumers prefer Chinese brands. While the report did not specify the precise reasons behind this preference, the industry has taken keen notice of this growing…