Tesla‘s recent run of positive press continues, as the electric vehicle giant recently began to take orders for its new Model Y L car from the massive Chinese market. In recent years, Tesla‘s primacy in the world’s most populous nation has been challenged by the rise of Chinese competitors. For instance, sales of Chinese-made cars…
Tesla Inc (NASDAQ:TSLA) is struggling with sales demand in several territories around the world, including China. A new report suggests that Tesla’s declines in China may have arrived at a particularly inopportune time. What Happened: Increased competition from other electric vehicle and automotive companies has hurt Tesla in China, as it is being outpaced on key…
SciSparc Ltd. (Nasdaq: SPRC), a clinical-stage pharmaceutical company, announced that shareholders of both SciSparc and AutoMax Motors Ltd. have approved their proposed merger. The strategic reverse merger will result in SciSparc acquiring 100% of AutoMax’s share capital, with SciSparc shareholders retaining 50.01% ownership of the combined company….
On the Dash: At $45,000, the R2 brings Rivian closer to mainstream buyers, signaling more attainable EV options for customers. Higher import costs and the loss of tax credits will affect Rivian’s pricing power, potentially influencing how dealers position EVs. Plant upgrades in Illinois and Georgia show Rivian’s push toward scale, which could stabilize availability…
IN A NUTSHELL 🚗 Changan unveils an electric vehicle with a revolutionary 932-mile range, reshaping the automotive industry. 🔋 The breakthrough is powered by a new solid-state battery, offering enhanced safety and efficiency. 🌍 Production is set for 2027, challenging major players like Tesla and Toyota in the electric vehicle market. 📉 The technology promises…
Most STARTUPS need time to prove that they can be trusted with investors’ money, let alone dangerous technologies. But not Fusion Energy Tech, a Chinese company in the city of Hefei that was carved out two years ago from a nuclear-research lab. In July it announced that it would be commercialising a plasma technology derived…
A new Cadillac is making a powerful statement in the electric vehicle luxury market. One auto expert believes it could surpass competitors and regain luxury brand status. The Drive reported on the 2026 Cadillac Lyriq-V in a test drive review. The company said its performance variant is the “fastest production Cadillac in history.” While similar…
Since buying stock in China’s robotics firms over the last year – companies emerging as global industry leaders – David Choi, a South Korean investor in his early 30s, has been riding a wave of strong gains. He is not alone. Many South Korean investors have begun exploring positions in Chinese equities, particularly in rapidly…
(Reuters) -Startups worldwide are racing to develop new battery technologies using materials like sodium and sulfur or other innovative chemistries, aiming to cut costs and reduce reliance on some critical minerals to supply electric vehicles (EVs). China controls 85% of the global battery cell production, and 90% of processing of raw materials used in two…
Huawei’s Aito M8 is once again in the spotlight after securing the prestigious “five stars +” grade in the C-NCAP crash and safety evaluation, making it the safest car in China under the 2024 standards. The full-size new energy crossover, developed in partnership with Seres, has already proven its popularity with more than 56,000 units…