Tag: automotive industry

Lamborghini Delays Electric Sports Car, Doubts Immediate Shift to EVs

Lamborghini signals a cautious approach to electric vehicles, postponing its first electric sports car until the next decade.

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Lucid Motors Shares Plunge Over 40% Amid Bankruptcy Rumors Despite Denials

Lucid Motors’ stock tumbled more than 40% following bankruptcy speculation, with official denials failing to stabilize shares.

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Ford Rehires Former Engineers to Address AI-Driven Production Issues

Ford brought back former engineers to correct errors caused by overreliance on AI in vehicle design and manufacturing, aiming to improve reliability.

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European Automakers Warn EU’s Push for Tech Sovereignty Could Raise Consumer Costs

European car manufacturers caution that the EU’s efforts to achieve technological independence may lead to higher expenses for consumers.

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Xiaomi Gains Approval to Manufacture Extended-Range Electric Vehicles in China

Xiaomi secures regulatory approval in China to produce hybrid electric vehicles with internal combustion range extenders at its Beijing facilities.

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GM Pursues High-Manganese Battery Chemistry as Alternative to LFP Cells in EVs

General Motors shifts focus from LFP batteries to a high-manganese chemistry, aiming to boost EV battery performance amid growing competition.

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Tesla Recalls Over 14,000 Model Y Cars Due to Missing Certification Label

Tesla initiates recall of 14,575 Model Y vehicles over missing key certification label affecting production details and tire pressure info.

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Xiaomi’s Flagship SUV Kunlun Spotted During Road Testing in China

Xiaomi’s full-size, three-row SUV Kunlun has been seen undergoing road tests, signaling the brand’s move into the large SUV market.

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AI Technology Set to Halve Vehicle Development Time, Revolutionizing Car Design and Aerodynamics

Major automakers leverage AI to cut vehicle development cycles in half, accelerating design and aerodynamic analysis from years to minutes.

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Rivian Begins Production of Electric R2 SUV at Normal Factory

Rivian has officially started serial production of its electric R2 SUV at the Normal, Illinois plant.

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Sony and Honda End Electric Vehicle Production But Continue Afeela Joint Venture

Sony and Honda halt electric vehicle production under Afeela brand, but their joint venture remains active to explore new market opportunities.

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Tesla Cybertruck Sales Struggle as 19% of Q4 Deliveries Purchased by Elon Musk

Tesla Cybertruck faces sluggish sales with nearly one-fifth of Q4 deliveries reportedly bought by Elon Musk himself.

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