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The Chinese electric vehicle (EV) market, the world’s largest, is experiencing a slowdown and a fierce price war among domestic manufacturers. Profits Plummet for EV Leaders BYD, China’s top EV producer in 2023, reported a significant drop in Q1 2024 profits compared to the previous quarter. Their net profit fell by 47%, despite a 13.4% … Read more
Hongqi continues its reign of crafting some of the most audacious cars on the market with the unveiling of the L1 and the revised L5. Both vehicles are part of the prestigious Hongqi L Series, known for its top-tier luxury and head-turning design. L1: Power and Opulence The L1 boasts a length of 5.3 meters … Read more
Israeli company StoreDot has proven its ultra-fast charging battery technology in a real-world application for the first time. The company’s batteries were used in the new Pulstar 5 electric car, achieving a staggering 10-minute charge time from 10% to 80% capacity. StoreDot’s “XFC” technology utilizes silicon-dominant cells, boasting exceptional cooling properties and high energy density. … Read more
BYD has ignited a frenzy in the automotive world with its upcoming Shark pickup truck. While details remain scarce ahead of its official reveal at the Beijing Auto Show on April 25th, spy shots offer tantalizing glimpses of this formidable beast. Global Ambitions: Shark Primed for International Markets The use of English in promotional materials … Read more
New Zealand’s electric vehicle (EV) market is heating up with the arrival of the revamped MG ZS EV. This affordable option for eco-conscious drivers faces a formidable challenge from the recently launched BYD Atto 3. Atto 3 Edges Out ZS EV in Most Aspects Both MG ZS EV and BYD Atto 3 represent China’s growing … Read more
BMW has unveiled a significant update to its I4 electric sedan for the 2025 model year. The refresh emphasizes the automaker’s dedication to sustainable mobility and technological innovation, boasting a range of improvements inside and out. Exterior Design The most notable change lies in the exterior design. BMW has crafted a fresh aesthetic featuring a … Read more