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In the first quarter Ukrainians bought 75% more cars from China, most of all - Volkswagen ID.4

Chinese-made electric vehicles continue to reshape the landscape of the automobile-electric vehicle market in Ukraine - you can see for yourself by looking at the latest statistics from Ukravtoprom for the most popular models in the first quarter of ...

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Unexpectedly, BMW's electric car sales surged amid declines at Tesla and Volkswagen

BMW AG significantly increased sales of fully electric cars in the last quarter - quite unexpected success for the German brand, which has a unique reputation, especially sharply contrasting with the less optimistic results of Tesla and Volkswagen. ...

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Tesla reported its first-ever drop in electric car sales. BYD's sales collapse almost 1.5 times

Returning to the beloved section Tesla vs BYD electric vehicles, let's discuss the new sales report for Tesla cars, which once again achieved victory over BYD after the first knockout in the last quarter of 2023. However, there is a nuance - for the ...

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Xiaomi warns of delays in deliveries of its SU7 electric car amid strong demand - nearly 89k orders in first 24 hours

Recently, Xiaomi started selling its first electric car, the SU7, for just over $30,000. The Chinese company planned to begin delivering the electric vehicle by the end of April. However, interested buyers will have to wait significantly longer - up ...

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Hyundai will invest $50 billion to secure its place in the top 3 electric car manufacturers

Hyundai has announced significant investments of $50 billion to maintain its position as the automotive market transitions to electric vehicles. The automaker will hire 80,000 workers in Korea to be able to enter the top 3 electric vehicle manufactur...

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Xiaomi SU7 electric car goes on sale at a price of $30.4 thousand - almost $4 thousand cheaper than the Tesla Model 3

Xiaomi has started selling its first electric vehicle SU7 and stated that it will be selling it much cheaper than Tesla's Model 3. The actual price of the novelty turned out to be even slightly lower than expected. Xiaomi CEO Lei Jun said that the s...

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Musk says Tesla Optimus robot should cost "like half a car" - and will soon support 5G

It's been just over two years since Elon Musk announced that Tesla has started moving towards the development of humanoid robots. The company quickly showed the first prototypes (one assembled model that barely moved, and another one that stood on a ...

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Tesla will showcase driver assistance system during every auto sale in the U.S.

Tesla is intensifying the promotion of driver assistance technologies. Now employees of the company in North America must install and demonstrate the relevant technologies before handing over the cars to buyers. This is a "strict requirement," which,...

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Fight back against Tesla and BYD. Nissan and Honda will collaborate on more affordable electric cars

The second and third largest car manufacturers in Japan are delaying their historical fierce rivalry, preparing for the upcoming wave of high-tech affordable models from China. As reported by Electrek, Nissan and Honda have announced that they are c...

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Xiaomi announced it will start selling electric cars (probably priced at $30.7-$36.2k) - causing its share price to jump

The company Xiaomi's stocks had the largest intraday value growth in over a year after the company announced that it will start selling its long-awaited electric vehicles this month. The Chinese company has been developing its own electric car for a...

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Tesla faces lawsuit over Autopilot's role in deadly 2018 crash

Soon in the USA there will be a court case regarding an accident involving a Tesla car that led to a death almost 6 years ago. The court will be held in California on March 18 and will determine whether Tesla company and its driver assistance softwar...

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Rivian announced compact electric SUVs R2 (range 483 km, price $45 thousand), R3 and R3X.

The company Rivian held an online presentation of its electric SUV R2. Also quite unexpectedly, the company introduced two more new models - the R3 and R3X. As predicted, the Rivian R2 is a compact 5-seater SUV. Compared to the Rivian R1S, the dimen...

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Tesla's value has fallen by $234 billion this year - that's more than McDonald's, Disney or Nike are worth

Stocks of automaker Elon Musk fell by 29% in less than 10 weeks, closing Wednesday at the lowest level since May. As a result, Tesla's market value has dropped from nearly $800 billion to just over $550 billion - a total of $234 billion, which is mo...

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Rivian R2 will be presented on March 7: power reserve of 530 km, price from $47 thousand.

For many years, Rivian has promised to create a more compact and affordable electric SUV. And that day is coming soon. The company will unveil the R2 on March 7, 2024 during a live stream in Laguna Beach, California, at 20:00 Kiev time. R2. Only th...

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Toyota says it will continue to buy credits so it doesn't "waste" money on electric cars

Car manufacturers that do not comply with the environmental standards of the countries and want to avoid problems with regulators are forced to buy so-called regulatory credits from other companies that meet the requirements - for example, from Tesla...

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