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Tesla initiates car production in Germany this year with plans for exports to India.

Tech Auto's / April 4, 2024

Tesla has initiated the production of right-hand drive vehicles at its facility in Germany with plans for export to India later in the year, as it progresses toward potential entry into the world’s third-largest automotive market. According to three individuals familiar with the matter who spoke to Reuters, a Tesla delegation is set to visit …

Tesla initiates car production in Germany this year with plans for exports to India. Read More »

Ford postpones production of certain electric SUVs and trucks in North America.

Tech Auto's / April 4, 2024

Ford Motor (F.N) announced on Thursday that it has adjusted its production timelines, delaying the introduction of three-row EVs in Canada and the rollout of its next-generation electric pickup truck in Tennessee. This decision comes amidst a global slowdown in EV demand, prompting automakers to reevaluate their manufacturing strategies. In response to market conditions, Ford …

Ford postpones production of certain electric SUVs and trucks in North America. Read More »

Nissan is trialing its next-generation EV technology in the intense environment of Formula E racing.

Tech Auto's / April 4, 2024

Nissan’s Next-Gen EV Tech Takes to the Formula E Track In a bold move to advance the future of electric mobility, Nissan is harnessing the high-speed crucible of Formula E racing to trial its cutting-edge next-generation EV technology. As the only Japanese automaker in the championship series, Nissan is leveraging the intensity of Formula E …

Nissan is trialing its next-generation EV technology in the intense environment of Formula E racing. Read More »

Auto industry disruptions are now seen as manageable but still present a challenge, as per AlixPartners.

Tech Auto's / April 3, 2024

“Even with disruptions like the chip shortage possibly fading away in the auto industry, it’s clear that life isn’t necessarily becoming simpler,” noted Mark Wakefield from AlixPartners. Dive Brief:Despite ongoing disruptions due to electrification and emerging technologies, the automotive industry saw a decrease in disruption for the second consecutive year, as per the 2024 AlixPartners …

Auto industry disruptions are now seen as manageable but still present a challenge, as per AlixPartners. Read More »

Tesla increases prices of Model Y vehicles in the US by $1,000.

Tech Auto's / April 2, 2024

Tesla (TSLA.O) implemented a price adjustment for all Model Y vehicles in the United States on Monday, as highlighted on its official website. The base variant of the Model Y now commands a price of $44,990, while the long-range and performance variants are listed at $49,990 and $53,490, respectively, as per the details provided on …

Tesla increases prices of Model Y vehicles in the US by $1,000. Read More »

BYD could lose its position as the top electric vehicle (EV) seller to Tesla after experiencing a decline in sales during the first quarter.

Tech Auto's / April 2, 2024

BEIJING, April 2 (Reuters) – BYD, China’s largest electric vehicle (EV) manufacturer, reported a 43% decrease in sales for the first quarter of 2024 compared to the previous quarter of 2023. This decline might lead to BYD losing its title as the world’s top EV seller to Tesla, which it held last year. BYD (002594.SZ) …

BYD could lose its position as the top electric vehicle (EV) seller to Tesla after experiencing a decline in sales during the first quarter. Read More »

China’s Xiaomi company’s worth went up by about $7.6 billion when it launched its electric car.

Tech Auto's / April 2, 2024

Xiaomi’s stock rose after the release of its new electric car, the SU7, which attracted considerable consumer interest. Analysts, however, predict potential losses for Xiaomi on each car sold this year. The company’s market value increased by $7.6 billion, reaching its highest point since January 2022. With SU7 competitively priced below $30,000 for the base …

China’s Xiaomi company’s worth went up by about $7.6 billion when it launched its electric car. Read More »

Tesla is giving American customers a chance to try out Full Self Driving for one month for free.

Tech Auto's / April 1, 2024

Tesla wants more people to pay for its Full Self Driving (FSD) feature, which helps cars drive on their own. Elon Musk, who runs Tesla, said that all customers in the U.S. can try FSD for free for a month. Musk told Tesla workers to show off FSD to new buyers and people bringing their …

Tesla is giving American customers a chance to try out Full Self Driving for one month for free. Read More »

Hyundai will invest a lot of money in South Korea to increase the production of electric vehicles.

Tech Auto's / April 1, 2024

Hyundai is going to spend a lot of money, about $50 billion, in South Korea over the next few years. They want to hire around 80,000 people. They want to focus on making electric cars, improving car technology, and making cars that can drive themselves. Furthermore, they also want to work on robots and new …

Hyundai will invest a lot of money in South Korea to increase the production of electric vehicles. Read More »

BYD will release its fifth generation DMI Hybrid Technology in May this year.

Tech Auto's / March 29, 2024

On March 27th, BYD talked about their money for 2023 with investors. They said they’ll start selling a new type of hybrid car in May. This car will use very little fuel and can go a long way before needing more fuel or a charge. Because there’s not enough supplies right now, they’ll slowly start …

BYD will release its fifth generation DMI Hybrid Technology in May this year. Read More »

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