Month: May 2024

Lamborghini Bets on Gas-Powered Supercars for the Future, Delays Electric Vehicle

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Lamborghini Bets on Gas-Powered Supercars for the Future, Delays Electric Vehicle

Lamborghini is taking a wait-and-see approach to electric vehicles, prioritizing gas-powered engines for its high-performance supercars. The company’s CEO, Stephan Winkelmann, believes there’s currently weak demand for electric supercars, citing poor sales figures. This strategy differs from some competitors. Ferrari is reportedly ahead of schedule developing its first electric car, expected for release in late … Read more

BYD Unveils Second-Generation Blade Battery with Potential 1,000 Km Range

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BYD Unveils Second-Generation Blade Battery with Potential 1,000 Km Range

Shenzhen, China – BYD’s FinDreams battery subsidiary is set to launch the second generation of its Blade Battery, promising a significant leap in energy density and a potential range exceeding 1,000 kilometers. This announcement, made by BYD Chairman Wang Chuanfu, highlights advancements in battery technology that could revolutionize the electric vehicle (EV) industry. The new … Read more

Geely Unveils All-New Galaxy E5 Compact Electric SUV

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Geely Unveils All-New Galaxy E5 Compact Electric SUV

New York, NY –Today we takes a closer look at the upcoming Geely Galaxy E5, a new compact electric SUV from the Chinese automaker. Geely’s Galaxy brand positions itself as a more mainstream and affordable option compared to their recently IPO’d Zer brand. Global Appeal The E5 measures 4.615 meters long, slotting between the BYD … Read more

Avatr 12 Unveiled: A Glimpse into the Future of Electric Vehicles

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Avatr 12 Unveiled: A Glimpse into the Future of Electric Vehicles

The Avatr 12, the second electric vehicle from Avatr Technology, a joint venture between Changan Automobile, CATL, and Huawei, promises to be a game-changer in the electric car market. This innovative vehicle boasts cutting-edge technology, eco-conscious design, and unparalleled performance, redefining the driving experience. Exterior: A Blend of Beauty and Sustainability The Avatr 12’s exterior … Read more

Porsche Begins Production of Macan EV in Leipzig Factory

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Porsche Begins Production of Macan EV in Leipzig Factory

Leipzig, Germany – Porsche AG has officially commenced production of the Macan EV at its expanded factory in Leipzig, Germany. This marks a significant milestone for the company as it ramps up its electric vehicle (EV) production capacity. Investment and Expansion The German automaker invested a substantial $650 million to expand the Leipzig plant and … Read more

Kia Reports Strong Growth in Global EV Sales

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Kia Reports Strong Growth in Global EV Sales

Kia Motors Corporation (Kia) today announced a significant surge in global electric vehicle (EV) retail sales for April 2024. The company sold over 17,140 EVs, representing nearly 7% of its total vehicle sales for the month. This news comes despite a slight decrease (0.6%) in Kia’s overall global vehicle sales when compared to April 2023. … Read more