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The Biden administration is revving up efforts to ban Chinese-made software for electric and connected vehicles, citing significant cybersecurity risks. This bold move, as reported by Bloomberg, stems from an in-depth investigation into potential threats that Chinese vehicle software could pose to US drivers, infrastructure, and national security at large. Cybersecurity Takes the Driver’s Seat…
BYD, the Chinese electric vehicle giant, is making significant headway in Southeast Asian markets, particularly in Singapore and Malaysia. This success is largely attributed to the company’s swift adaptation to local requirements, according to Fortune. The Right-Hand Drive Advantage Jeffrey Gan, Managing Director for Southeast Asia at Sime Darby Motors, BYD’s distributor in the region,…
Lucid, the electric vehicle startup that’s made waves with its Air sedan, is gearing up for a major expansion. According to a recent MotorTrend report, the company’s ambitious plans include launching the Lucid Gravity SUV and developing a new midsize platform. This move signals Lucid’s intent to boost sales and achieve the scale necessary to…
Ford’s electric vehicle ambitions have hit some roadblocks, as reported by The New York Times. The automaker is facing challenges with its Mustang Mach-E and has cancelled plans for a three-row electric SUV. Mach-E Troubles and Market Realities The Mustang Mach-E, Ford’s all-electric SUV, is grappling with supply chain issues, compliance costs, and fierce price…
The U.S. Department of Energy (DOE) just dropped a bombshell in the EV world, announcing $355 million in federal funding for EV battery manufacturing projects across Michigan. This cash injection, courtesy of the Bipartisan Infrastructure Law, is set to supercharge the state’s role in the electric vehicle revolution. Breaking Down the Big Bucks Let’s take…
Stellantis is navigating rough waters as it pushes forward with its electric vehicle strategy in the U.S. According to a recent report from Automotive News, the automaker is facing significant resistance from both its dealership network and the United Auto Workers (UAW) union. Dealer Discontent Stellantis dealers aren’t happy campers. They’re struggling with inventory shortages,…
The electric vehicle (EV) market is heating up, and Tesla’s Model Y is making waves. According to a recent report by Wolf Richter for WOLF STREET, the Model Y is now a hair’s breadth away from becoming the best-selling model in the US, closing in on the Toyota RAV4. Meanwhile, the Ford F-150, once the…
VinFast, the Vietnamese automaker, has announced a significant delay in its plans to build an electric vehicle (EV) factory in North Carolina. Originally slated for 2024, the factory’s opening has been pushed back to 2028. This move comes as the company looks to invest in lower-cost markets like Indonesia and India, as reported by The…
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