German Auto Giants Face Existential Crisis as Chinese EVs Dominate
In a stunning reversal of fortune, Germany’s automotive powerhouses are finding themselves outpaced and outmaneuvered in the world’s largest car market. A recent Bloomberg report paints a sobering picture of how Volkswagen, BMW, and Mercedes-Benz are desperately scrambling to catch…
US Moves to Ban Chinese EVs, Citing Security Risks
A new rule proposed by the U.S. Commerce Department is set to effectively ban Chinese electric vehicles from the American market. This regulation, reportedly justified on national security grounds, aims to prohibit Chinese-designed or produced hardware and software in vehicle…
MG’s Mystery SUV: Camouflaged EV Spotted in Australian Wild
MG looks set to expand its electric vehicle lineup in Australia, with a camouflaged SUV resembling the popular MG4 spotted testing in Victoria. The sighting, shared on social media by EV enthusiast Andrew M, has fueled speculation about MG’s next…
VW’s Affordable EV Push: A Blast from the Past to Save the Future
Volkswagen’s banking on affordable electric vehicles to revive its flagging sales in Europe and China, echoing a strategy from the 1970s oil crisis. According to Fortune, the German automaker plans to roll out eight new budget-friendly EVs by 2027. From…
Tesla’s Two-Seater Robotaxi Sparks Debate and Investor Concern
Tesla’s unveiling of a sporty, two-seater robotaxi dubbed Cybercab has left experts puzzled and investors worried, according to a recent report from Reuters. The reveal, which took place at a hyped event near Los Angeles on October 10, 2024, presented…
Tesla’s Cybercab Reveal Falls Flat, Wiping $60 Billion Off Company Value
Tesla’s much-hyped robotaxi unveiling failed to impress investors, leading to an 8% drop in the company’s stock price and erasing about $60 billion in market value. The event, held in Hollywood, was reported by The Guardian. Cybercab: Big on Promises,…
Polestar Shifts Gears: EV Maker to Sell Through Dealerships Amid Sales Slump
Polestar, the struggling electric vehicle manufacturer, is changing tactics to boost sales after reporting a significant drop in deliveries. According to a Bloomberg report, the company’s new CEO is pushing for a more traditional sales approach by selling cars through…
Volkswagen Group Sees Mixed Results in Q3 2024 EV Deliveries
Volkswagen Group reported a complex picture for its electric vehicle (EV) sales in the third quarter of 2024, according to a recent press release. While overall deliveries declined, there were bright spots in certain markets and segments. Global EV Deliveries…
Tesla Unveils Cybercab: A Glimpse into the Future of Autonomous Ride-Hailing
Tesla has finally pulled back the curtain on its long-awaited robotaxi, dubbed the Cybercab, at the company’s “We, Robot” event on October 10, 2024. This futuristic vehicle promises to revolutionize urban transportation with its fully autonomous capabilities and striking design.…
Tesla Aims for Fully Autonomous Driving in Texas and California by 2025
Tesla’s pushing the boundaries of self-driving tech again. At the recent “We, Robot” event, Elon Musk dropped a bombshell: unsupervised fully autonomous vehicles are coming to California and Texas next year. This news has got the EV world buzzing. The…
Tesla Unveils Game-Changing Robotaxi and Robovan at “We, Robot” Event
Tesla’s highly anticipated “We, Robot” event, held on October 10, 2024, at Warner Bros. Studios in Burbank, California, showcased the company’s latest advancements in autonomous vehicle technology and robotics. The event marked Tesla’s first major product reveal since the Cybertruck…
BMW’s EV Sales Surge in Q3 2024, Defying Overall Market Slump
BMW Group is making waves in the electric vehicle market, with their latest quarterly report revealing a stark contrast between EV sales and overall performance. According to their Q3 2024 figures, the German automaker’s electric vehicle deliveries are climbing steadily,…
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