Tag: auto-industry
BYD Sets Price for YangWang U9 Xtreme Electric Hypercar at $2.76 Million
BYD confirms the $2.76 million price for the YangWang U9 Xtreme, an electric hypercar with 3,000 horsepower and record Nürburgring lap times.
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Xiaomi Establishes New European Design Center, Attracting Top Automotive Talent
Xiaomi opens a design center in Munich, recruiting industry veterans from BMW, Mercedes-Benz, Porsche, and Rolls-Royce to boost its global automotive ambitions.
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BMW Unveils iX3 Flow Edition Featuring E-Ink Color-Changing Hood
BMW showcases the iX3 Flow Edition with an innovative hood that changes color using e-ink technology, marking a new step toward practical adaptive car paint.
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Tesla Reports 16% Revenue Growth in Q1, Falls Short of Market Expectations
Tesla’s Q1 revenue rose 16% year-over-year but did not meet analysts’ projections despite strong vehicle sales.
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Tesla Sets $50,000 Fine for Resellers of Model S and Model X Signature Edition
Tesla offers limited Signature Edition of Model S and X, warns resellers with $50,000 penalty to curb speculative flipping.
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Global Automakers Scale Back Full Transition to Electric Vehicles Amid Strong Demand for Combustion Engines
Over a dozen major automakers reduce electric vehicle production plans as demand for internal combustion engines remains strong and subsidies wane.
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Tesla Semi Electric Truck Pricing Revealed: Higher Than Expected but Competitive
Tesla’s Semi electric trucks, produced in limited batches for select clients, reach a top price of $290,000, above initial estimates yet below rival offerings.
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US Moves to Ban Chinese Automotive Software Over Espionage Concerns
The US plans to prohibit Chinese-developed automotive software linked to foreign cloud services amid growing security concerns.
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BMW Acknowledges Overreach in Seat Heating Subscription but Maintains Paid Feature Unlocks
BMW admits charging for seat heating access was excessive but continues offering paid unlocks through its ConnectedDrive service.
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Electric Vehicles Surpass Internal Combustion Cars in Europe for the First Time in 2025
In 2025, electric vehicle sales in Europe exceeded those of traditional internal combustion engine cars, marking a major milestone in the automotive market.
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