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BUSINESS

  • Tesla’s Model S and X Updates: What to Expect by the End of 2025 Tesla plans updates for the Model S and Model X by 2025, incorporating features from Models 3 and Y amid growing competition.
  • BMW’s Vision Neue Klasse: The EV That Will Make Even Mercedes Nervous BMW's Neue Klasse EV boasts a 900km range and rapid charging, setting new standards in battery technology and motor performance.
  • Chevrolet Announces Corvette Production Halt as It Preps for Major 2026 Updates Chevrolet halts Corvette production for four weeks due to inventory adjustments and workforce changes, while preparing for the 2026 model.
  • Kia Recalls 137,000 Vehicles, Including Seltos and Soul, Over Piston Oil Ring Defect Kia recalls 137,000 vehicles for a piston oil ring defect that may cause engine damage and fire risks, affecting Seltos and Soul models.
  • Tesla Ready to Launch Full Self-Driving in China, But Government Approval Still Pending Tesla is set to launch its Full Self-Driving software in China, while WeRide's robotaxi gains approval for autonomous services.
  • Tesla Sales in Europe Plunge 45%, Rival EV Makers Gain Ground in Key Markets Tesla's sales plummeted 45% in Europe due to rising competition, with the Model Y production line retooling affecting registrations.
  • Kia's Syros SUV Pre-Order Success: 21,630 Units Ordered, Diesel Dominates Kia's Syros SUV has received over 21,000 orders in India, showcasing strong consumer preference for premium features and advanced technology.
  • Kia’s Smart Charging and V2H Services to Transform EV Experience in Europe and U.S. Kia launches smart charging and Vehicle-to-Home services in Europe and the U.S., allowing EV owners to save on energy costs.
  • Tesla Slips Below $1 Trillion Market Cap as Stock Dips 9% Tesla's market cap falls below $1 trillion as stock drops 25%, impacted by sales declines and Musk's controversial political involvement.
  • 2026 Porsche 718 EV Series to Combine Iconic Performance with Sustainable Innovation Porsche's 2026 718 Boxster and Cayman EVs promise high performance, sustainability, and cutting-edge technology.
  • Kia Unveils Military Version of Tasman Pickup at IDEX 2025 Kia unveiled its Tasman military pickup at IDEX 2025, featuring desert camouflage and tailored modifications for regional markets.
  • Tesla's RoboTaxi Service to Compete with Waymo and Uber in Austin, Texas Tesla plans to launch its RoboTaxi service in Texas this June, aiming to compete with Waymo and Uber amid declining EV sales.
  • Audi's New RS Q8 Performance Model Boasts 640 HP, 3.6 Sec 0-60 mph Time Audi Korea launches the new RS Q8 with a 640hp V8 engine, accelerating in 3.6 seconds, priced at 192.02 million won.
  • Toyota Crown Sedan: New Limited Matte Model Unveiled Toyota unveils the all-new Crown Sedan Limited Matte Metal, set for spring sales in Japan, showcasing its unique matte finish.
  • Kia Issues Major Recall: Over 76,000 Cars Affected by Safety Flaw South Korea recalls 76,382 vehicles, including Kia Niro, due to a design flaw affecting airbag deployment and passenger safety.
  • Tesla Faces Heightened Competition from China’s EV Giants Mirae Asset Securities report warns Tesla faces rising competition in China, highlighting Xiaomi's rapid EV growth.
  • Maserati’s Latest Entry-Level GranCabrio: Performance Meets Luxury at an Accessible Price Maserati reveals the I.C.E. and new GranCabrio, showcasing luxury design and performance at the International Concours of Elegance.
  • Foxconn Proposes Collaboration with Honda, Eyes Role in Nissan-Mitsubishi Partnership Foxconn seeks collaboration with Honda, Nissan, and Mitsubishi for EV partnerships, aiming for potential capital cooperation.
  • BMW Launches X3 Long Wheelbase, Tailored for Chinese Market BMW's new model offers enhanced legroom and space efficiency, catering to Chinese consumer preferences with a longer wheelbase.
  • Ford's All-Electric NASCAR Prototype: A New Era for High-Speed Racing Ford unveils an electric NASCAR prototype based on the Mustang Mach-E, featuring 1,500 horsepower and optimized weight distribution.
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