October 3, 2024 – Tokyo, Japan:- Nissan Motor Co. is facing a financial crisis that could lead to bankruptcy within the next two years, analysts warn. The company, burdened by significant debt rated as “junk,” is grappling with plummeting sales, shrinking profits, and mounting challenges in adapting to the rapidly changing automotive industry. Nissan’s CEO … Read more
October 3, 2024, Palo Alto, California:- The 2025 Tesla Model Y, the company’s popular compact SUV, is getting exciting updates for the new year. Starting with the exterior, the 2025 Model Y sports a sleek new front fascia and slimmer headlights that enhance its futuristic appeal. Tesla is introducing new color options, including Midnight Cherry … Read more
October 3, 2024 – Yantai, Shandong Province:- BYD, China’s leading new energy vehicle (NEV) manufacturer, has launched its third car carrier vessel, BYD Changjo, further expanding its fleet dedicated to transporting NEVs. This marks a significant milestone in the company’s efforts to bolster its logistics capabilities and support its rapidly growing international presence. The announcement … Read more
October 3, 2024 – Tokyo, JapanThe once-exclusive Tesla Cybertruck reservation list is no longer quite so limited, while Toyota issues a stark warning about the risks of fully transitioning to electric vehicles, which they believe could impact Japan’s job market. Meanwhile, Chinese automaker BYD is ramping up its offensive, aiming to solidify its name in … Read more
October 15, 2024 – New York, USA:- Global sales of electric and plug-in hybrid vehicles surged last month, marking a 30.5% increase in September. According to research from Rmotion, a staggering 1.7 million electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) were sold worldwide. This represents 150,000 more units than the previous record set … Read more
October 3, 2024 – Stuttgart, Germany:- Denza, a luxury car brand co-founded by Mercedes-Benz in 2010, has recently transitioned to full ownership under BYD. This shift comes after reports revealed that Mercedes-Benz sold its remaining 10% stake in the company, following its previous reduction of ownership in 2021. The change in ownership comes as Denza … Read more
October 3, 2024 – Sydney, Australia:- The BYD Atto 3 is currently one of the most talked-about electric vehicles in Australia. The Chinese carmaker BYD, a newcomer to the Australian market, is turning heads with its competitive pricing, unique interior design, and innovative blade battery technology. The Atto 3 is a front-wheel-drive electric vehicle powered … Read more
October 3, 2024 – Aichi, Japan:- Today marks a turning point in automotive history, as Toyota has unveiled its groundbreaking solid-state battery technology, which could reshape the future of electric vehicles (EVs). Toyota’s development of this cutting-edge technology is poised to revolutionize the EV market, leaving competitors scrambling to catch up. Toyota, known for its … Read more
In a significant development in the electric vehicle market, BYD announced record sales in August 2024, selling over 373,000 vehicles, marking a remarkable achievement in the industry. This surge is attributed to BYD’s unique approach, where the company maintains a vertically integrated model, producing its own batteries and chips. Unlike competitors such as Tesla, which … Read more
On September 26, 2024, in Pontiac:- Michigan, experts are raising concerns about the long-term effectiveness of the United States’ anti-China electric vehicle (EV) policies. While recent measures, such as 100% tariffs on Chinese-made EVs and software bans, aim to protect the American auto market, industry leaders suggest these strategies are merely temporary solutions. John Batella, … Read more