Xiaomi’s CEO: Isn’t it time for Tesla Model 3 users to upgrade? Xiaomi, the tech giant known for its smartphones and home gadgets, is now zooming into the electric vehicle (EV) scene with its first car, the SU7, shaking up the market and giving Tesla a run for its money. …
Things aren’t looking good for Fisker. Fisker Inc., the ambitious electric vehicle (EV) startup, has hit significant turbulence, with its future clouded by financial difficulties and looming bankruptcy fears. Amid this crisis, the company slashed the price of its Ocean SUV in an effort to stir demand and secure much-needed …
A fatal bridge collapse in Baltimore Harbor puts the brakes on automakers’ plans, forcing a logistics detour around the unexpected roadblock. In the early hours, an unexpected disaster struck the Baltimore Harbor when the Francis Scott Key Bridge, a vital artery for automotive logistics, crumbled into the water. The incident, …
Volkswagen R will open its own pavilion in the Autostadt in Wolfsburg in summer 2024. This will create both a new meeting place for the premium performance brand’s growing fan base and an event location where Volkswagen R’s model diversity, the R allure, and new technologies will be presented in …
Tesla’s surprising price cuts have used EV prices tumbling. The electric vehicle (EV) market is currently experiencing a significant shift, with Tesla leading the way in a dramatic depreciation trend. Recent analysis by vehicle search site iSeeCars has highlighted a sharp decrease in used EV prices, primarily attributed to Tesla’s …
