automotive industry

Strong NEV Sales Boost BYD in April - Continued Growth Anticipated

Strong NEV Sales Boost BYD in April – Continued Growth Anticipated

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BYD had a remarkable performance in April 2024, as the company reported robust sales figures. They managed to sell an impressive 313,245 new energy vehicles (NEVs) last month, marking a substantial year-on-year growth of 48.96%. This brings their total NEV sales for 2024 to 939,508 units, showing a healthy year-on-year increase of 23.24%. In addition, BYD’s […]

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Xiaomi to Reportedly Unveil SU7 Electric Vehicle Soon

Xiaomi to Reportedly Unveil SU7 Electric Vehicle Soon

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Xiaomi is set to unveil its much-anticipated SU7 electric vehicle (EV) later this month, as per a report from arenaev.com on March 6th, citing industry sources. This launch aligns with the previously mentioned Q2 delivery schedule for the vehicle, as confirmed by Xiaomi President Lu Weibing. Xiaomi's Expansion Plans According to the report, Xiaomi has initiated

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Rivian’s Automotive Division Attracts Key Apple Employee

Rivian’s Automotive Division Attracts Key Apple Employee

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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

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Rumoured Electric Car Launch by Apple Allegedly Delayed

Rumoured Electric Car Launch by Apple Allegedly Delayed

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Apple’s Electric Vehicle Project Faces Challenges and Delays Apple’s secretive electric vehicle project, known as Project Titan, has hit several roadblocks and is now undergoing another recalibration of its goals, according to Bloomberg. Initially, Apple aimed to develop a fully self-driving electric vehicle, even considering the possibility of a robotaxi. To achieve this, the company recruited

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Is Xiaomi planning to hold another press conference this month to announce the launch of their car?

Is Xiaomi planning to hold another press conference this month to announce the launch of their car?

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Xiaomi’s Entry into Automotive Industry: A December Press Conference Xiaomi, the Chinese tech giant, is set to host another press conference in December, according to reports. Although the details of the event have not been disclosed, there are strong indications that Xiaomi will unveil its highly anticipated entry into the automotive industry. Speculations about Xiaomi’s foray

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Impressive Electric Vehicle Sales Growth Puts Kia at the Forefront of the U.S. Market

Impressive Electric Vehicle Sales Growth Puts Kia at the Forefront of the U.S. Market

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In November 2023, Kia America experienced a notable achievement in the automotive industry, particularly in the electric vehicle (EV) sector. The company recorded a 2.9% increase in U.S. sales compared to the previous year, selling an impressive total of 58,338 vehicles. These figures represent the highest-ever November sales for Kia. The overall sales for the year

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Shift in the Market: Europe's Electric Vehicle Registrations Outpace Diesel Sign-ups

Shift in the Market: Europe’s Electric Vehicle Registrations Outpace Diesel Sign-ups

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Electric Vehicle Registrations Surpass Diesel Cars in Europe For the first time ever, electric vehicles (EVs) have surpassed diesel cars in new registrations in the European Union (EU). This shift reflects a growing preference for cleaner, battery-powered transportation over traditional diesel vehicles, which were once a staple on European roads. Significant Increase in EV Registrations According

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Exciting images of Xiaomi's car during road test reveal captivating exterior design features

Exciting images of Xiaomi’s car during road test reveal captivating exterior design features

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Xiaomi, the well-known consumer electronics brand, is venturing into the automotive industry with its highly anticipated electric car model, the SU7. The Ministry of Industry and Information Technology (MIIT) has officially announced the SU7, solidifying Xiaomi's entry into the electric vehicle market. Recently, spy images of the upcoming car have surfaced, revealing some of its design

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