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BUSINESS

  • Elon Musk Drops Bombshell: Tesla's $27K Model 2 in the Work Tesla is reportedly working on a cheaper electric car model with a price tag of less than $27,000, aiming to make EVs more affordable.
  • November Tire Alert: Don't Be Part of the 99.9% – Replace Your Tires Now Winter tire care is essential for safe driving. Choose winter tires, replace all four, and check tire pressure regularly.
  • Gold Glove Winner Ha-Seong Kim's Impressive Car Collection Gold Glove-winning MLB player Ha-Seong Kim owns a luxurious car collection, featuring an Aston Martin, Mercedes G-Wagon, and Cadillac XT6.
  • The Prelude Is Back: Honda's Concept Car Promises a Thrilling Drive Ahead In October's Japan Mobility Show, Honda unveiled a concept car named 'Prelude,' reviving the iconic sports coupe for a global launch.
  • Global Electric Vehicle Sales Surge by 34% in October, Despite Market Predictions Global EV sales rose in October, driven by China, with BYD and Tesla performing well despite subsidy cuts.
  • Xiaomi Unveils Its First Electric Car: Check Out the Stunning Photos Chinese smartphone giant Xiaomi is unveiling its first electric vehicle, the SU7, produced by Beijing Automotive Industry Holding (BAIC).
  • BMW's Shocking Move: Internal Combustion Engine Production Heads to the UK and Austria BMW is moving internal combustion engine production from Germany to the UK and Austria while converting its Munich factory to EV production.
  • Hyundai Motor America Revs Up Factory Workers' Pay: 28% Raise by 2028 Hyundai Motor America plans to increase factory workers' wages by 25% by 2028, following similar moves by Honda and Toyota.
  • Porsche's Latest Turbo Model Sets a New Standard in Distinctive Design Porsche introduces Turbo Night Metallic color exclusively for its turbo models, enhancing their unique and elegant design with gold accents.
  • NASA Recognizes Canoo's American Bulldog Pickup Truck as the Future of Electric Mobility Electric vehicle startup Canoo introduces the American Bulldog EV pickup, offering over 500 horsepower and use in the U.S. Army.
  • From Bankruptcy to Buyout: Volvo Acquires Proterra's Battery Operations in the US Volvo Group is acquiring Proterra's battery business for $210 million, expanding its electric vehicle capabilities.
  • Volkswagen's Electric Game-Changer: Affordable Electric Car Set to Hit U.S. Market Volkswagen plans to launch a sub-$35,000 electric vehicle in the U.S. within 3-4 years, exploring local battery sourcing for tax incentives.
  • Chinese EV Brand Zeekr Gears Up for Big NYSE Debut Zeekr, Geely's premium EV brand, seeks New York Stock Exchange IPO, aiming to join other Chinese electric vehicle firms listed in the U.S.
  • 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.
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