A naukri.com initiative
Electric Vehicles News
Silicon
3w
66
Image Credit: Silicon
Xiaomi Raises $5.5bn In Expanded Share Sale
- Xiaomi is expected to raise about $5.5 billion in a share sale to expand its electric vehicle (EV) business.
- Xiaomi increased its offering to about 800 million Class B shares and the funds will be used for business expansion and investment in technology research and development.
- Xiaomi raised its full-year target for EV deliveries and plans to expand its production capacity and store network in China and internationally.
- Total equity issuance from Chinese companies in the first quarter more than doubled over the previous year, driven by interest in Chinese AI start-up DeepSeek and easing regulation.
Read Full Article
3 Likes
Insider
3w
229
Image Credit: Insider
Tesla has flirted with disaster before. This time feels different.
- President Trump's promotion of Tesla cars and Elon Musk's relationship with him have prompted an identity crisis within Tesla.
- Musk's political entanglements have created challenges, with Tesla's stock falling significantly amidst concerns over his involvement in government and downsizing efforts.
- Tesla held a surprise all-hands meeting for employees after the stock slump, where Musk urged them not to sell their stock and acknowledged being overwhelmed.
- Critics fear Tesla's competition, with Chinese manufacturers like BYD offering cheaper prices and surpassing in innovation, raising doubts about Tesla's future projects.
- Concerns among Tesla employees and customers are increasing due to Musk's political focus and deviations from the company's original mission.
- Tesla faces backlash from the public, with incidents of vandalism at its sales centers and growing hostility towards Tesla owners, impacting resale values and sales.
- Some Tesla owners have shown support for Musk, while others have sold their Tesla vehicles in protest against his political activities and behavior.
- Despite challenges, some investors remain optimistic about Tesla's technology and potential, believing in Musk's ability to course correct and stabilize the company.
- Tesla's stock price volatility continues, but long-term investors see opportunities in the company's future milestones and technological advancements.
- The current situation represents a critical moment for Tesla, with Musk's diminishing popularity and the company facing a brand crisis amidst public scrutiny.
Read Full Article
13 Likes
Silicon
3w
88
Image Credit: Silicon
BYD Launches Rival To Tesla’s Model 3 At Half Price
- China's BYD has launched a rival to Tesla's Model 3 at half the price.
- BYD's Qin L EV sedan has a starting price of 119,800 yuan compared to 235,500 yuan for a basic Model 3.
- Qin L offers 545km driving range compared to 634km for Model 3, both feature a digital cockpit and basic self-driving features.
- BYD also launched the high-end Denza N9 SUV under the Denza brand, available as pure-electric or plug-in hybrid models.
Read Full Article
5 Likes
CarExpert
3w
52
Image Credit: CarExpert
Hyundai’s wild pint-sized EV concept is inspired by video games
- Hyundai has unveiled the Insteroid, a concept car based on the Inster electric vehicle.
- The concept features a wild design with an enormous rear wing, diffuser, and flared guards inspired by video games.
- Hyundai aims to enhance the emotional experience of electric cars through the Insteroid concept.
- Power outputs for the Insteroid have not been specified, but it is expected to be more powerful than the standard Inster model.
Read Full Article
3 Likes
Cleanfleetreport
3w
432
Image Credit: Cleanfleetreport
What to Do If Your Truck Accident Settlement Offer Is Too Low
- Seek legal help from a truck accident attorney to negotiate and fight for reasonable compensation.
- Carefully review the settlement offer to ensure it covers all medical bills, lost wages, property damage, and pain and suffering.
- Gather strong evidence including medical records, pay stubs, photographs, and expert reports to support a valid claim.
- Be aware of insurance company tactics and be firm in negotiating for a fair settlement based on the full extent of damages.
Read Full Article
26 Likes
E-Vehicleinfo
3w
195
Image Credit: E-Vehicleinfo
Future of Luxury EVs: Maybach’s Bold Entry into India’s Electric Car Market
- Maybach has entered the electric car market in India with the debut of its first-ever electric SUV, the EQS 680.
- The model aims to redefine electric luxury with its signature comfort, premium interiors, and cutting-edge technology.
- While there are no immediate plans for additional Maybach EVs in India, Mercedes-Benz remains committed to achieving a net carbon-neutral car fleet by 2039.
- The launch of the Maybach EQS 680 SUV sets the foundation for the ultra-luxury EV market, and the future expansion of Maybach's electric portfolio depends on evolving market demands.
Read Full Article
11 Likes
CarExpert
3w
97
Image Credit: CarExpert
MG Australia locks in new premium EVs under an unusual name
- Chinese carmaker MG is set to bring more electric vehicle (EV) models to Australia under the new brand IM Presented by MG Motor.
- IM Motors, a joint venture between SAIC Motor, Alibaba Group, and Zhangjiang Hi-Tech, will exclusively sell EVs in Australia through MG's existing dealership network.
- The two EV models confirmed for the 2025 launch are the IM5 sedan and the IM6 SUV, with the IM6 having a greater potential in the Australian market as SUVs are preferred.
- The IM6 offers a range of features including powerful outputs of up to 579kW and 800Nm, and a claimed 0-100km/h sprint time of 3.48 seconds in dual-motor all-wheel drive configuration.
Read Full Article
5 Likes
Insider
3w
766
Image Credit: Insider
More trouble for Tesla as China's BYD crosses $100 billion barrier
- Chinese EV giant BYD reported annual revenues of 777 billion yuan for 2024, surpassing Tesla's $97.7 billion revenue.
- BYD's net profit for the year was over 40 billion yuan, exceeding analyst expectations but below Tesla's $7.1 billion profit.
- BYD sold 4.27 million EVs in 2024, far surpassing Tesla's annual sales of 1.79 million vehicles.
- BYD's unveiling of super-fast 1,000 kW chargers puts further pressure on Tesla, whose stock has been declining and is now facing challenges both in sales and from competition.
Read Full Article
4 Likes
Cryptonews
3w
83
Image Credit: Cryptonews
Standard Chartered Swaps Tesla for Bitcoin in ‘Mag 7B’ Index for Higher Returns, Lower Volatility
- Standard Chartered analyst Geoff Kendrick suggests treating Bitcoin as a tech stock rather than just a traditional hedge due to its high Nasdaq correlation.
- Kendrick created a hypothetical 'Mag 7B' index, replacing Tesla with Bitcoin, showing about 5% higher returns and less volatility.
- BTC can be viewed as both a hedge against traditional finance and as part of the tech allocation, making it more like a tech stock in the short term.
- Kendrick believes that considering Bitcoin's multiple roles in investor portfolios could encourage greater institutional buying.
Read Full Article
5 Likes
Autoblog
3w
106
Tesla Reportedly Stops Cybertruck Deliveries Because Parts are Falling Off
- Tesla has reportedly halted deliveries of the Cybertruck due to failing glue that holds panels to the body.
- There are concerns about the quality and safety of the vehicle as parts are falling off.
- The glued-on parts, such as the bumper sheet and cant rail trim, have been observed coming off.
- Tesla has not provided a clear explanation but has issued a recall for over 46,000 Cybertrucks.
Read Full Article
6 Likes
CarExpert
3w
384
Image Credit: CarExpert
2026 Cupra Raval: When the pint-sized EV will reach Australia
- Cupra Australia has provided an update on the upcoming electric city car, the Raval.
- Expected to be the smallest model in Cupra's lineup, the Raval will be based on the Volkswagen Group's MEB Entry EV platform.
- It is projected to compete with models like the BYD Dolphin, MG 4, Abarth 500e, and Mini Cooper SE.
- The Raval is set to be launched in Europe in late 2026, with a potential local launch in early 2027.
Read Full Article
23 Likes
Teslarati
3w
296
Image Credit: Teslarati
Florida man charged after trying to hit Tesla protestors with car
- A Florida man has been charged with assault after trying to drive into protestors at a Tesla store, in ongoing protests against Elon Musk.
- 44-year-old Andrew Tutil attempted to drive his car into protestors, although no one was injured in the incident.
- The man claimed to be a Tesla store employee, but was found to have no affiliation with the store.
- The incident led to Tutil being charged with first-degree felony aggravated assault.
- Protests against Tesla and Musk have been increasing, citing his association with Trump and controversial statements.
- The protests started in January after Musk's actions and statements at events related to Trump and far-right parties.
- A movement called the 'Tesla Takedown' has organized protests at over 277 stores across the U.S.
- Protestors have raised concerns about Musk's political alignments, constitutional issues, and treatment of marginalized communities.
- While Musk has faced criticism for certain actions, he has also been defended by some, including Israel's Prime Minister Benjamin Netanyahu.
- The protests have led to incidents of vandalism and violence, with attacks on Tesla stores and vehicles being investigated.
Read Full Article
17 Likes
CarExpert
3w
102
Image Credit: CarExpert
No love for Elon Musk? Tesla owners are ditching their cars at record rates
- According to data from US automotive analysts Edmunds, a record-high 1.4% of cars traded in from March 1 to March 15 were Teslas.
- Factors such as Elon Musk's increasing involvement in politics, concerns about Tesla depreciation, and saturation in major metro areas are leaving some longtime owners feeling disconnected from the brand.
- Protests, attacks on dealerships, and damage to privately owned Tesla vehicles have been reported due to Musk's political views.
- Tesla's financial performance in 2024 showed a decline in deliveries, a drop in automotive revenues, and a decrease in profitability.
Read Full Article
6 Likes
Insideevs
3w
335
Image Credit: Insideevs
The Volkswagen ID. Buzz Is A Crowd Magnet
- A $600 Segway Ninebot electric scooter got stolen, leading to a chance encounter with NYPD officers later during a Volkswagen ID. Buzz drive.
- The officers' curiosity about the electric van led to queries about its power, size, and technology, showcasing public interest in the vehicle.
- The Volkswagen ID. Buzz, with its dual-motor setup and spacious design, garnered attention and positive reactions during test drives in New York.
- Although priced at $60,000, the ID. Buzz faced skepticism due to its cost compared to more affordable minivans like the Toyota Sienna and Kia Carnival.
- Being the only fully electric minivan in the U.S., the ID. Buzz features unique styling reminiscent of the original VW Bus, emphasizing its appeal.
- Despite being a pricier option, the ID. Buzz contributes to making electrification enticing and aspirational for consumers.
- The high cost of EVs, attributed to factors like battery expenses and advanced technology, impacts the pricing of vehicles like the ID. Buzz.
- While praised for its role in promoting EV adoption, criticisms exist about the ID. Buzz being perceived as overpriced, hindering mass-market appeal.
- The ID. Buzz's potential market success and affordability could improve with adjustments in pricing, aligning better with consumer preferences in the future.
- As a premium electric vehicle, the ID. Buzz aims to attract consumers to Volkswagen showrooms and create a positive impression amid evolving EV trends.
Read Full Article
20 Likes
Insider
3w
433
Image Credit: Insider
The FBI launched a Tesla task force to investigate threats against the company
- The FBI has launched a task force with the ATF to investigate threats against Tesla.
- The task force follows a series of attacks on Tesla vehicles and showrooms, as well as protests.
- FBI Director Kash Patel called attacks against the company domestic terrorism.
- The FBI's task force will coordinate investigative activity to crack down on violent Tesla attacks.
Read Full Article
26 Likes
For uninterrupted reading, download the app