Rivian's stock is surging, currently trading 24% higher than yesterday, and the reason is the company's press release put out today regarding the deliveries and production stats for 2024. Unlike Tesla, which failed to deliver on its own guidance...
BYD has announced record-breaking new energy vehicle (NEV) sales for December 2024 and the full year. The company sold a staggering 514,809 NEVs in December alone, marking its seventh consecutive month of record sales. That's a 50.95% increase from...
BYD has just teased two new additions to its lineup: the Tang L SUV and the Han L sedan. These models promise enhanced intelligent driving capabilities, thanks to the inclusion of LiDAR technology. This is a big step for BYD, as LiDAR is not...
In a significant development for the electric vehicle market, Hyundai, Kia, and Genesis announced that five of their EV models now qualify for the $7,500 federal tax credit in the United States. This is the first time the Korean automaker has been...
Tesla's Cybertruck doesn't seem to have been a huge success, sales-wise, if we go by how quickly the company started selling in-stock units - oh, and there was also that recent production pause too. But maybe this will help. The Cybertruck has...
Electric car giant Tesla delivered 495,570 electric vehicles in the fourth quarter of 2024, a new quarterly record. This figure falls short of the company's own guidance of exceeding 515,000 vehicles, a target set just two months prior. Wall Street...
Hyundai has taken the wraps off the Creta Electric in India, marking a significant step in the electrification of its lineup in the local market. This new model brings a zero-emission powertrain option to the popular Creta lineup. Thankfully,...
Despite a year of fluctuating fortunes for the EV market in 2024, the future looks bright for electric vehicles. Analysts at S&P Global Mobility predict a significant surge in EV sales for 2025, and the automotive industry is buzzing with...
Lucid announced the Gravity SUV in November of 2023, with orders finally opening in November this year. Then, production started in early December, and a few weeks later it's now time for the first deliveries to take place. Lucid has revealed...
Yesterday Xiaomi CEO Lei Jun posted a cryptic teaser on X and today the brand has already revealed what the mystery was all about. As someone in the comments of the teaser speculated, it's actually a new color for the SU7, Xiaomi's first car, which...
The busy metropolis of Beijing is on its way to becoming a global leader in autonomous driving technology. New regulations passed today pave the way for the introduction of driverless public buses and taxis - a significant step toward the future of...
The electric vehicle division of Chinese tech giant Xiaomi, announced the results for its debut model SU7. Surpassing even its revised delivery target, Xiaomi has sold and delivered over 130,000 SU7s in the year of its launch, a significant...
Xiaomi is turning 15 soon, and ahead of that the company's CEO, Lei Jun, has posted a cryptic teaser image over on X today - see below. It's clearly car-related, the tire tracks are a dead giveaway. But what could it be? Feel free to speculate in...
There have been a lot of rumors in China recently about the Tesla Cybertruck's availability over there, with most pointing to it going on sale on January 1. New rumors on the matter have surfaced over the past few days, forcing Tesla to once again...
In a digital age, data is gold, and the automotive industry clearly struggles with a growing challenge: safeguarding the privacy of its customers. The latest incident involving the Volkswagen Group has exposed the urgent need for car manufacturers...
Nio's first sub-brand, Onvo, launched its first EV, the L60, back in May. Deliveries then started in September, and now, around three months later, we have the first milestone to talk about. According to a new report out of China, more than...
Tesla has announced a new incentive to entice buyers to snap up the remaining inventory of its Cybertruck Foundation Series. The Cybertruck has been nothing short of controversial since its unveiling in 2019. The Foundation Series, a...
The Jeep Recon is launching next year, and we've already seen it in a few spy shots earlier this month. Now it's time for two more spy shots, showing us the Recon with barely any camo at all - which makes us think Jeep had this thing driving around...
Volkswagen AG has reached an agreement with labor union leaders that will see the automaker cut 35,000 jobs in Germany by 2030. The cuts, which are expected to save the company roughly $4.2 billion per year, will be achieved through a combination of...
Nio announced a new Signature Edition of its ET9 flagship sedan after the Limited Edition model, which was launched on December 21st, sold out within 12 hours. The ET9 Signature Edition is priced from RMB 808,000 ($110,700), making it RMB 20,000...
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