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BUSINESS

  • Electric Car Alert: Tips to Prevent and Respond to Battery Fires Prevent electric car battery fires: after collisions, or puddles, report fires to the fire department with vehicle details.
  • Tesla Announces Price Hike for Model 3 and Model Y in China Tesla plans to increase prices of long-range Model 3 and Model Y in China on Nov 9, 2023, possibly to boost sales before the hike.
  • China's EV Startups: Can NIO, Xpeng, and Li Auto Regain Momentum in 2024? Chinese EV startups NIO, Xpeng, and Li Auto reportedly missed their sales targets for 2023, with varying performance and ambitious goals.
  • Tesla's $25,000 Electric Car to Be Built at Gigafactory Berlin Tesla plans to produce its $25,000 budget-friendly electric vehicle in Gigafactory Berlin, expanding its production locations for the model.
  • Jeep's Shocking News: Wrangler and Grand Cherokee Go Electric Stellantis is investing $19 billion by 2028 in electric vehicle development, including electric Jeep Wrangler and Grand Cherokee.
  • More Electric Volvos on American Roads? U.S. Plant Expansion in Sight Volvo mulls U.S. EV production expansion, possibly in Charleston, SC, to leverage tax deductions amid inflation reduction policies.
  • Ferrari to Accelerate Electric Car Plans, Launching First EV in Q4 2025 Ferrari accelerates electric car plans, targeting a Q4 2025 launch for its first BEV with a racing-inspired focus.
  • China's New Energy Vehicle Market Gears Up for 32% Sales Increase in October Wholesale sales of new energy vehicles in China for October are estimated to have increased by 32% compared to last year.
  • Japan's First Level 4 Autonomous Vehicle Collides With Bicycle, Operations Halted Japan's first Level 4 autonomous vehicle collided with a bicycle, prompting a suspension of operations for investigation.
  • Tesla's Market Capitalization Targets $4 Trillion, Elon Musk Declares Elon Musk has stated that Tesla's value could reach $4 trillion, emphasizing that Tesla is more than just a car or battery company.
  • Shocking Decline: Elon Musk's X Loses $25 Billion in Value in Just a Year Elon Musk's management of the social media platform X (formerly Twitter) led to a 55% value drop, now at $25 billion.
  • California Sees Huge Surge in Electric Car Sales – What's Driving the Trend? California's electric vehicle market share rose to 22.3% in Q3, a significant increase from 9% in 2021 and 17% in 2022.
  • Blackpink's Jisoo: Is She a Lamborghini Owner? The Car Speculation Buzz Speculation arises about Blackpink's Jisoo owning a Lamborghini due to Lamborghini Seoul's social media following patterns.
  • Hyundai Slashes Prices for IONIQ 5/6: Electric Car Deals Await U.S. Customers .
  • 296 Challenge: Ferrari's Latest Marvel for Racing Enthusiasts Ferrari has unveiled the '296 Challenge' at the Finali Mondiali, an event that marks the pinnacle of the annual Ferrari racing season, held at the Mugello Circuit.
  • Toyota's Mega Investment: $8 Billion Surge in North Carolina Battery Factory Toyota has announced an additional $8 billion investment in its electric vehicle battery plant in North Carolina, USA.
  • Elon Musk Praises Chinese Electric Cars as Most Competitive Globally Top 10 global EV sales: traditional automakers absent, Elon Musk praises Chinese competitiveness, especially Tesla China and BYD.
  • Toyota's Future-Ready Pickup Truck: IMV 0 Wows Dads at 2023 Japan Mobility Show Toyota unveils IMV 0 concept: versatile electric pickup truck for 2025 launch, focusing on cost-effectiveness and customization.
  • Tesla's Model Y Performance Gets Pricier in China: What You Need to Know Tesla increases the price of its top Model Y by 14,000 yuan in China to 363,900 yuan due to strong demand.
  • Volvo Reports Impressive Q3 Performance With a 22% Surge in EV Sales Volvo Q3 operating profit, excluding joint ventures and associates, surged by 75% to $677.6 million, with strong sales and cost savings.
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