Xiaomi Corporation has secured new land in Beijing and planned to use for the second phase of its electric vehicle factory.
EV
Toyota Motor Corp is planning to establish a new battery manufacturing plant in the southwestern Japanese prefecture of Fukuoka.
BYD's success in Singapore and Southeast Asia highlights the increasing competition in the EV market. And Tesla has faced challenges
Tesla reported its lowest profit margin in over five years and missed earnings targets in Q2 due to price cuts and increased AI spending.
Vietnamese electric vehicle (EV) maker VinFast has announced a delay in the launch of its planned $4 billion factory in North Carolina.
Elon Musk has rescheduled the unveiling of Tesla’s much-anticipated robotaxi prototype to October 10, 2024,
Level 1 chargers are convenient for overnight charging, Level 2 is ideal for daily use, and Level 3 can power up to 80% in 20-40 minutes.
DC chargers are significantly faster and more efficient than AC chargers, making them ideal for quick recharges during long trips.
Tethered chargers are highly convenient with built-in cables, while untethered chargers offer flexibility by allowing any compatible cable.
Alphabet, the parent company of Google, has announced a significant new investment of $5 billion into its self-driving subsidiary, Waymo.
Renault's CEO Luca De Meo expressed concerns about Europe's timeline for transitioning to electric vehicles, calling for more flexibility.
Tesla is expected to report a significant dip in its second-quarter margins, marking the lowest point in over five years.
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