Chinese Car Brands to Dominate 33% of Global Sales by 2030 Vehicle sales outside China are projected to increase from 3 million units this year to around 9 million units by 2030.
Is the Election Holding Back Car Buyers? U.S. Sales Trends Suggest SoAmidst a plethora of economic uncertainties including the upcoming November elections, the speed of car sales in the United States is expected to wind down. Before deciding on their purchase, individual consumers are likely to wait for the results of the November elections and the direction of the next administration. On the 25th (local time), […]
US Electric Vehicle Market Heats Up with Price Cuts: A Look at the CompetitionPrice cuts for BEVs continue in the US market. The average price of new BEVs in the first quarter of 2024 fell 9%.
Senna Legacy Lives On: Bruno Senna Shatters Records in McLaren's Ultimate TributeMcLaren Automotive paid tribute to legendary F1 driver Ayrton Senna and held a special event with his nephew in England
Revolutionizing EV Industry: Volvo and CATL's Battery Recycling PlanVolvo partnered with China’s CATL to replace old electric car batteries with new ones. The goal is to further reduce electric vehicles’ carbon footprint by recycling critical battery materials. Last month, Volvo discontinued the production of diesel cars to reduce their carbon footprint. As electric car sales continue to increase, many batteries will eventually be […]
China's BYD Hits a High: Records $4 Billion Profit Amid EV Boom BYD, China's largest electric vehicle company, posted record operating profit last year. BYD's revenue last year was CNY602.15 billion (USD11.17 trillion), up 42.04% year-on-year, and operating profit was CNY30.41 billion (USD5.6 trillion), up 8 China's largest electric vehicle company BYD achieved record operating profit last year. BYD's revenue last year was CNY602.15 billion (USD11.17 trillion), an increase of 42...
Hyundai, Kia's Record Sales Streak Overshadowed by EPA's Fuel Economy BlowHyundai Motor and Kia are readjusting the fuel economy ratings for some models sold in the United States. Following fuel economy tests by local environmental authorities, it was pointed out that the mileage ratings needed to be lowered. This is the first time in 24 years that vehicle fuel economy ratings have been changed due […]
Hyundai's Electric Vehicle Lineup Racks Up 48 Awards Across 13 CountriesIn the fierce global electric vehicle market, Hyundai Motor Group’s various electric vehicle models have been honored one after another at award ceremonies hosted by influential automotive organizations and media around the world, including in the U.S., Europe, and Asia. According to Hyundai Motor Group on March 19, the electric vehicles of its three brands […]
Fisker to Halt Production for Six Weeks due to Deteriorating Business ConditionsAmerican electric vehicle startup Fisker announced on March 18, 2024, that it will halt production for six weeks. The company cited deteriorating cash flow and the need to prevent inventory build-up as reasons for the halt. It also added that it is currently in alliance negotiations with major automakers and focusing on avoiding bankruptcy. Fisker […]
Kim Jong Un's New Ride: Putin's Gifted Car Hits the Streets of PyongyangKim Yo Jong revealed that Kim Jong Un used the Russian-made official car gifted by Putin for the first time at a public event on the 15th. [Unified News Photo] “The special features of the official car are perfect and can be fully trusted.” North Korean Kim Yo Yong, Deputy Director of the Workers’ Party, […]
Hyundai's Solaris Reimagined: A New Chapter in Russian Automotive HistoryHyundai’s compact sedan model, Solaris, has been reborn as a Russian car brand. Four models are produced locally under the Solaris brand, simply rebranded versions of existing Hyundai and Kia models. According to the industry, on the 14th, AGR Automotive Group started producing four types of Solaris brand vehicles, HS, HCR, KRS, and KRX, at […]
Future is Here: Waymo Unveils Fully Autonomous Ride-Hailing in LAWaymo, the autonomous driving division of Google’s parent company Alphabet, announced that it will begin offering a fully autonomous ride-hailing service to the general public in Los Angeles starting March 14, 2024, and plans to launch in Austin, Texas, by the end of this year. Waymo has been testing its Level 4 autonomous ride-hailing service […]
Limited Edition Thrill: Audi Reveals The New RS 6 Avant GTRe Audi AG unveiled The New Audi RS 6 Avant GT, a limited special edition of the top model in the RS 6 Avant lineup, on the 7th. ‘The New Audi RS6 Avant GT is the top model of the RS6 Avant lineup and was launched as a limited special edition of 660 units worldwide. […]
Hyundai, BMW, Kia, and Stellantis Recall 6.9 Million Vehicles: What You Need to KnowDue to manufacturing defects, Hyundai, BMW, Kia, and Stellantis Korea are voluntarily recalling over 60,000 vehicles. The Ministry of Land, Infrastructure, and Transport announced on the 7th that 43 models of 69,044 vehicles manufactured, imported, or sold by these companies have been found to have manufacturing defects and will be recalled. Firstly, 22,803 units of […]
Explore the Features of 'Hyundai Ioniq 6: 'Electric Car of the Year' [TheGuru=Jinwoong Yoon] Hyundai Ioniq 6 has been selected as the '2023 Electric Vehicle of the Year' by the US automotive publication The Driver...
Nissan's Next-Gen LEAF Will Not Qualify for the IRA in the U.S.Nissan's next-gen Leaf, produced in the UK, loses a US IRA tax deduction, impacting its competitiveness in the market.
Michigan Installs First U.S. Road to Charge EVs Without PlugsElectreon and MDOT pioneered the U.S.'s first wireless charging road in Detroit's Corktown, testing electric vehicle charging technology.
Inside the Britsh Royal's Exclusive Bentley: $12 Million Car that Carried RoyaltyPresident Yoon Suk Yeol and his wife ride in a Bentley state limousine during UK visit, previously owned by Queen Elizabeth II.
Lucid Motors Takes on Tesla with the Launch of Its New Electric SUV, GravityLucid Motors unveiled its large electric SUV called "Gravity" with impressive features, including a 710km range and aerodynamic design.
November Tire Alert: Don't Be Part of the 99.9% – Replace Your Tires NowWinter tire care is essential for safe driving. Choose winter tires, replace all four, and check tire pressure regularly.
Chinese Car Brands to Dominate 33% of Global Sales by 2030 Vehicle sales outside China are projected to increase from 3 million units this year to around 9 million units by 2030.
Is the Election Holding Back Car Buyers? U.S. Sales Trends Suggest So Amidst a plethora of economic uncertainties including the upcoming November elections, the speed of car sales in the United States is expected to wind down. Before deciding on their purchase, individual consumers are likely to wait for the results of the November elections and the direction of the next administration. On the 25th (local time), […]
US Electric Vehicle Market Heats Up with Price Cuts: A Look at the Competition Price cuts for BEVs continue in the US market. The average price of new BEVs in the first quarter of 2024 fell 9%.
Senna Legacy Lives On: Bruno Senna Shatters Records in McLaren's Ultimate Tribute McLaren Automotive paid tribute to legendary F1 driver Ayrton Senna and held a special event with his nephew in England
Revolutionizing EV Industry: Volvo and CATL's Battery Recycling Plan Volvo partnered with China’s CATL to replace old electric car batteries with new ones. The goal is to further reduce electric vehicles’ carbon footprint by recycling critical battery materials. Last month, Volvo discontinued the production of diesel cars to reduce their carbon footprint. As electric car sales continue to increase, many batteries will eventually be […]
China's BYD Hits a High: Records $4 Billion Profit Amid EV Boom BYD, China's largest electric vehicle company, posted record operating profit last year. BYD's revenue last year was CNY602.15 billion (USD11.17 trillion), up 42.04% year-on-year, and operating profit was CNY30.41 billion (USD5.6 trillion), up 8 China's largest electric vehicle company BYD achieved record operating profit last year. BYD's revenue last year was CNY602.15 billion (USD11.17 trillion), an increase of 42...
Hyundai, Kia's Record Sales Streak Overshadowed by EPA's Fuel Economy Blow Hyundai Motor and Kia are readjusting the fuel economy ratings for some models sold in the United States. Following fuel economy tests by local environmental authorities, it was pointed out that the mileage ratings needed to be lowered. This is the first time in 24 years that vehicle fuel economy ratings have been changed due […]
Hyundai's Electric Vehicle Lineup Racks Up 48 Awards Across 13 Countries In the fierce global electric vehicle market, Hyundai Motor Group’s various electric vehicle models have been honored one after another at award ceremonies hosted by influential automotive organizations and media around the world, including in the U.S., Europe, and Asia. According to Hyundai Motor Group on March 19, the electric vehicles of its three brands […]
Fisker to Halt Production for Six Weeks due to Deteriorating Business Conditions American electric vehicle startup Fisker announced on March 18, 2024, that it will halt production for six weeks. The company cited deteriorating cash flow and the need to prevent inventory build-up as reasons for the halt. It also added that it is currently in alliance negotiations with major automakers and focusing on avoiding bankruptcy. Fisker […]
Kim Jong Un's New Ride: Putin's Gifted Car Hits the Streets of Pyongyang Kim Yo Jong revealed that Kim Jong Un used the Russian-made official car gifted by Putin for the first time at a public event on the 15th. [Unified News Photo] “The special features of the official car are perfect and can be fully trusted.” North Korean Kim Yo Yong, Deputy Director of the Workers’ Party, […]
Hyundai's Solaris Reimagined: A New Chapter in Russian Automotive History Hyundai’s compact sedan model, Solaris, has been reborn as a Russian car brand. Four models are produced locally under the Solaris brand, simply rebranded versions of existing Hyundai and Kia models. According to the industry, on the 14th, AGR Automotive Group started producing four types of Solaris brand vehicles, HS, HCR, KRS, and KRX, at […]
Future is Here: Waymo Unveils Fully Autonomous Ride-Hailing in LA Waymo, the autonomous driving division of Google’s parent company Alphabet, announced that it will begin offering a fully autonomous ride-hailing service to the general public in Los Angeles starting March 14, 2024, and plans to launch in Austin, Texas, by the end of this year. Waymo has been testing its Level 4 autonomous ride-hailing service […]
Limited Edition Thrill: Audi Reveals The New RS 6 Avant GT Re Audi AG unveiled The New Audi RS 6 Avant GT, a limited special edition of the top model in the RS 6 Avant lineup, on the 7th. ‘The New Audi RS6 Avant GT is the top model of the RS6 Avant lineup and was launched as a limited special edition of 660 units worldwide. […]
Hyundai, BMW, Kia, and Stellantis Recall 6.9 Million Vehicles: What You Need to Know Due to manufacturing defects, Hyundai, BMW, Kia, and Stellantis Korea are voluntarily recalling over 60,000 vehicles. The Ministry of Land, Infrastructure, and Transport announced on the 7th that 43 models of 69,044 vehicles manufactured, imported, or sold by these companies have been found to have manufacturing defects and will be recalled. Firstly, 22,803 units of […]
Explore the Features of 'Hyundai Ioniq 6: 'Electric Car of the Year' [TheGuru=Jinwoong Yoon] Hyundai Ioniq 6 has been selected as the '2023 Electric Vehicle of the Year' by the US automotive publication The Driver...
Nissan's Next-Gen LEAF Will Not Qualify for the IRA in the U.S. Nissan's next-gen Leaf, produced in the UK, loses a US IRA tax deduction, impacting its competitiveness in the market.
Michigan Installs First U.S. Road to Charge EVs Without Plugs Electreon and MDOT pioneered the U.S.'s first wireless charging road in Detroit's Corktown, testing electric vehicle charging technology.
Inside the Britsh Royal's Exclusive Bentley: $12 Million Car that Carried Royalty President Yoon Suk Yeol and his wife ride in a Bentley state limousine during UK visit, previously owned by Queen Elizabeth II.
Lucid Motors Takes on Tesla with the Launch of Its New Electric SUV, Gravity Lucid Motors unveiled its large electric SUV called "Gravity" with impressive features, including a 710km range and aerodynamic design.
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.
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