💼 Canoo is entering the Saudi Arabian EV market estimated at over $30 billion. 🌍 Jazeera Paints, a paint manufacturer in the GCC, signed a vehicle sales agreement with Canoo. 🚚 Jazeera Paints will purchase 20 Canoo EVs and deploy LDV delivery vehicles in its fleet. 🛣️ Depending on performance, Jazeera Paints may order an…
💪 Tesla China experienced a strong finish to Q1 2024 with 17,300 new vehicle insurance registrations for the week of March 25-March 31. 📈 This marks the highest weekly insurance registrations in 2024 so far, indicating a surge in domestic vehicle sales. 📉 Despite fluctuations earlier in the month, Tesla China rebounded in the final…
💼 Chinese NEV automaker BYD released its March 2024 delivery report, including Q1 2024 estimates. 📊 BYD delivered approximately 301,631 passenger vehicles in March 2024, consisting of 139,902 fully electric cars and 161,729 plug-in hybrids. 🚗 For Q1 2024, BYD delivered 300,114 all-electric vehicles and 324,284 plug-in hybrid cars, with plug-in hybrids slightly outselling all-electric…
💼 Tesla Giga Texas is the largest private employer in Austin, Texas. 🏭 Giga Texas houses production facilities for the Cybertruck, Model Y, and 4680 battery cells. 📈 Tesla Giga Texas saw an 86% increase in its headcount, highlighting its rapid growth and expansion. 🎓 Tesla’s Manufacturing Development Program (MDP) in Texas provides high school…
🚗 Tesla China is ramping up its export efforts at the beginning of Q2 2024. 🎥 A recent drone flyover of Shanghai Southport Terminal revealed a large fleet of Tesla vehicles prepared for export. 🎨 A significant portion of the export fleet consists of upgraded Model 3 sedans, with many painted in Tesla’s new Ultra…
🚗 Tesla Model 3 Performance, nicknamed “Ludicrous,” seen at a showroom event in California. 📸 Photos posted on social media show both covered and uncovered Model 3 Performance units. 🎉 Event rumored to be a private unveiling for the new variant. 🤔 Some skepticism due to the date being April Fool’s Day. 🏷️ Model spotted…
💡 Tesla has a history of making April Fool’s jokes, often riding the line between humor and potential misinformation. 🚗 In 2015, Tesla joked about a “ticket-avoidance-mode” for Model S owners. 🍾 In 2018, Tesla teased a fake bankruptcy announcement on Twitter, coupled with the release of Tesla Tequila. 🏢 In 2019, Tesla’s Pittsburgh store…
🌍 BEV adoption has reached a tipping point in 31 countries, up from 19 in 2022. 🔋 Battery-electric vehicles (BEVs) now make up 5 percent of overall automotive sales in these countries. 📈 Some of the fastest-growing BEV markets are in Southeast Asia and Eastern Europe. 💡 Surpassing the 5 percent mark signifies transitioning from…
💡 Hyundai is considering hybrid production at its Georgia Metaplant, originally designated for electric vehicle (EV) production. 🏭 The Georgia Metaplant is scheduled to begin EV production by October 2024. 🚗 Hyundai’s President and Global Chief Operating Officer, José Muñoz, mentioned evaluating additional technologies for production based on market demand. 🔌 Considering the high demand…
💵 Tesla increased the price of the Model Y in the United States by $1,000 for all trim levels. 📈 Before the price increase, the Model Y RWS started at $43,990 in the US, while the AWD Long Range started at $48,990, and the AWD Performance variant was priced at $52,490. 🇨🇳 In China, the…