Lotus Sets Sights on Electrification with New Type 135 Sports Car Lotus, the iconic British brand, is preparing for a bold pivot towards electrification. By 2027, the company plans to phase out the Emira and introduce the electric Type 135 sports car. This new model, positioned as a more accessible alternative to the high-end Evija, is […]
Lotus Prepares for an Electric Shift with the New Type 135 Sports Car Read More »
Kia Motors is set to redefine the compact sedan with its upcoming EV4, merging traditional design with future-forward SUV elements. The EV4, which was revealed as a concept last year, offers a refreshing take on electric vehicles with its classic sedan three-box design and SUV-like features such as a higher ride height and distinctive wheel arch
Blending Classic and Future in a Compact Sedan: Introducing the Kia EV4 Read More »
Chinese Automakers Face Hurdles in EV Market Due to Huawei Component Shortage Chinese automakers Changan Auto and Chery Auto, who have partnered with Huawei in the electric vehicle (EV) industry, are facing unexpected challenges. The issue lies with Huawei’s MDC 810 computing unit, which is essential for advanced driver assistance systems. These automakers, along with smaller
Chinese EV Makers in partnership with Huawei face component shortage Read More »
Contemporary Amperex Technology (CATL), a prominent player in the electric vehicle (EV) battery industry, has experienced significant growth in 2023. The company expects a robust expansion, with a projected net profit between 42.5 billion yuan to 45.5 billion yuan, representing a growth rate ranging from 38.3% to 48.1%. This follows CATL’s impressive 92.89% net profit gain
Xiaomi, the Chinese tech giant, is making its mark in the electric vehicle (EV) market with the introduction of its first offering, the SU7 performance sedan. After investing a substantial RMB 10 billion yuan in the automotive industry in March 2021, Xiaomi is now gearing up for mass production of the SU7, which is expected to
Xiaomi Prepares for Mass Production of EVs, Introduces Stunning SU7 Sedan Read More »
Jeep Unveils Luxurious and High-Tech Interior of 2025 Wagoneer S Jeep has recently provided a sneak peek into the interior of the upcoming 2025 Wagoneer S, showcasing a blend of luxury and advanced technology that is set to make a strong impact in the electric SUV market. This revelation comes after the debut of its Range
Jeep Introduces Cutting-Edge Interior Features in the Electric Wagoneer S Read More »
China’s Auto Industry Poses a Threat to Competitors, Says Elon Musk Tesla’s CEO Elon Musk has praised the rapid pace and efficiency of China’s auto industry, highlighting its potential to outshine competitors. However, Tesla’s recent quarterly earnings report showing a slowdown, coupled with the underwhelming performance of the Cybertruck, has caused the company’s stock to dip.
Toyota Remains the World’s Top-Selling Automaker in 2023 Toyota has once again solidified its position as the world’s top-selling automaker for the fourth consecutive year. The Japanese automotive giant reported a remarkable 7.2% increase in sales compared to the previous year, selling a total of 11.23 million vehicles worldwide in 2023. This impressive achievement further demonstrates
BYD Teases Arrival of All-New Electric SUV, Yuan Up Chinese automaker BYD is gearing up to launch its latest addition to the Yuan family, the all-new electric SUV called Yuan Up. The release of this compact and affordable electric vehicle (EV) reflects BYD’s commitment to making sustainable transportation accessible to a broader audience. Cutting-Edge e-Platform 3.0
Yuan Up: BYD’s Newly Launched Compact Electric SUV, Set to Mesmerize Masses Read More »
Apple’s DJ Novotney Joins Rivian Automotive, Bringing His Expertise in Product Development and Engineering Apple has recently experienced a shift in its leadership dynamics as DJ Novotney, a key figure behind the success of iconic Apple products like the iPhone and iPad, transitions to a new role at Rivian Automotive. Novotney, who has spent almost 25
Rivian’s Automotive Division Attracts Key Apple Employee Read More »
