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Friday 12 July 2024
Tesla's EV dominance slips as US market diversifies
Tesla's global Electric Vehicle (EV) deliveries have declined for two consecutive quarters, a trend reflected in the US market.
Friday 12 July 2024
BYD to invest US$1 billion in Turkish EV factory, targeting EU market
BYD reached an agreement with the Turkish government to invest $1 billion in building an electric and plug-in hybrid vehicle factory in the region. The new factory is set to start...
Monday 8 July 2024
India roundup: India to launch public AI platform under IndiaAI Mission
India is eager to build its AI capabilities under the IndiaAI Mission. Meanwhile, India's efforts to attract Tesla have hit another roadblock amid a slowing global EV market that...
Friday 5 July 2024
Tesla reportedly delays investment plan in India amid slowing EV market
Following the cancellation of Tesla CEO Elon Musk's visit to India, reports suggest that the electric vehicle (EV) maker may postpone its potential investment in the country due to...
Tuesday 2 July 2024
BYD sales rise to a record on price cuts, tech upgrades
BYD Co. sold a record number of electric and hybrid cars in the second quarter, sales data compiled by Bloomberg News shows, as price cuts and new technology stoked consumers into...
Friday 28 June 2024
South Korean battery makers could benefit from Tesla 46800 cell production headache
Media reported that Tesla was considering ceasing production of 46800 cells due to multiple difficulties.
Thursday 27 June 2024
Tesla's Cybertruck turmoil: massive recalls put legacy Tier-1 and ASE-backed Tier-2 parts suppliers under the spotlight
Tesla CEO Elon Musk once remarked, "We dug our own grave with the Cybertruck," and recent developments seem to underscore his point.
Wednesday 26 June 2024
Unitree's G1 humanoid robot takes on Tesla with budget-friendly pricing
While Tesla Optimus is still adding fuel to the robotic market buzz, Chinese robotics company Unitree released its G1 humanoid robot in May, with the price starting at CNY99,000 (about...
Friday 21 June 2024
Tesla Cybertruck deliveries delayed due to wiper issues
Tesla recently achieved a weekly production capacity of 1,300 Cybertrucks, but customers have not received their vehicles on schedule due to problems with their windshield wipers.
Wednesday 19 June 2024
Musk previews new models, teases surging robotics business
During Tesla's annual shareholder meeting on June 13, CEO Elon Musk announced the company will introduce three new Electric Vehicle (EV) models.
Friday 7 June 2024
Nine local carmakers approved to test L3 vehicle autonomy in China
The Chinese Ministry of Industry and Information Technology (MIIT) has approved nine local carmakers to conduct public trials on Level 3 and Level 4 vehicle autonomy. Tesla and other...
Thursday 6 June 2024
EU's potential tariff could be self-destructive as China supports 60% of the bloc's EV imports
The European Union is expected to announce punitive tariffs on China-made EVs after the European Parliament's election this week. Many European-branded vehicles and Tesla EVs are...
Friday 31 May 2024
Tesla reportedly to register FSD software in China
Tesla is said to proceed with a plan to launch its Full Self-Driving (FSD) software in China. The EV company is on track to register the technology and aims to activate the service...
Monday 27 May 2024
Automakers have rearranged supply chain to respond intensifying trade war
The economic conflict centering on EVs is heating up. Tesla CEO Elon Musk recently said he does not support the US tariff hike on China-made EVs. However, Tesla has rearranged its...
Friday 24 May 2024
Musk's xAI nears close of deal valuing startup at US$24 billion
Elon Musk's artificial intelligence startup X.AI Corp. is slated to complete a funding round in June that could value the company at more than US$24 billion including its latest influx...
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