Automotive

While many new EV models are being introduced in market, it’s still very much Tesla’s world. Other automakers are struggling to live in it.

Volvo Cars will stop making diesel vehicles by 2024 as part of its larger goal to transition to a fully electric vehicle lineup and climate-neutral by 2040

The company will offer various activation options, and plans to install the hardware on 500,000 vehicles for the 2024 model year.

The extended wheelbase 5 Series and i5 Sedans are exclusively designed for the Chinese market and are produced in China.

In a notable shift, Tesla’s Model Y has outpaced traditional competitors to become California’s top-selling new vehicle.

By eliminating the reliance on third-party map and GPS data, the camera-based intelligent safety system offers a cost-effective and reliable alternative for detecting speed limits.

With plans to introduce plug-in hybrids in 2024 and 2025, Lamborghini aims to meet the increasing demand for electrification.

While some key players within the Volkswagen Group, which includes Porsche, have expressed skepticism about synthetic fuels, Porsche believes that their work on eFuels will ultimately benefit other luxury brands.

With a shared vision of sustainable transportation and social impact, the companies are committed to delivering environmentally friendly vehicles and increasing the value of mobility in society.

China’s push for new energy vehicles is causing a rapid transition in the country’s auto market. As new energy vehicles account for approximately one quarter of new car sales in China in 2022, foreign automakers risk losing market share to domestic competitors.