📊 U.S. BEV sales reached 1.1 million units in 2023, representing 8% of overall automotive sales for the year. 📈 This reflects a significant 46% year-over-year increase in BEV sales. 🚗 Tesla remained the BEV market leader in 2023, selling 654,888 units in the U.S., with a 25.4% increase YoY. 🌎 EV adoption rates vary…
🚗 Tesla made range adjustments to some vehicles, impacting Model Y’s Long Range and Performance configurations, as well as Model S Plaid and Model X Plaid. 🌐 Changes in range were due to new EPA testing strategies for 2024 model-year vehicles, affecting all EVs, not just Teslas. 🛑 Creep and Roll stopping modes will be…
🚗 Volkswagen plans to integrate ChatGPT into its cars, starting this year. 🗓️ Integration set to take place in some production vehicles as soon as the second quarter of this year. 🎙️ ChatGPT will be part of Volkswagen’s IDA voice assistant, allowing drivers to control vehicle functions and ask general questions. 🚘 The chatbot will…
🚗 Waymo, Alphabet’s self-driving unit, is expanding autonomous vehicle testing to include select freeways in Arizona. 🗓️ The company plans to test rider-only ride-hailing trips on freeways in a phased approach, starting with trips for employees. 🌐 Waymo aims to conduct fully autonomous passenger car tests without a human driver on Phoenix freeways to enhance…
📈 Tesla held 4.2% of the total U.S. market share in 2023, surpassing Volkswagen, Subaru, and BMW. 🚗 Tesla sold over 25% more vehicles in the U.S. in 2023 compared to the previous year. 💼 General Motors remained the best-selling car company in the U.S., with a 14.1% increase in sales. 📊 Tesla’s sales figures…
🏢 Tesla is expanding its presence in Texas with the acquisition of a 35,000-square-foot building in Hutto. 🚧 The company plans to invest at least $1.5 million in renovations for the building located near its Gigafactory in Austin. 🤔 The purpose of the building is currently unknown, but Tesla intends to start renovations soon pending…
🚗 VinFast, a Vietnamese electric vehicle (EV) automaker, plans to build an integrated EV facility in Tamil Nadu, India. 🏭 The new EV facility in Thoothukudi aims for an annual production capacity of 150,000 electric vehicles. 🏗️ Construction of the facility is scheduled to commence in the current year. 💰 Both VinFast and the government…
🚗 Hyundai and Kia secured the second position in US electric vehicle (EV) sales after Tesla. 📊 The South Korean automakers outperformed Detroit-based legacy automakers Ford and General Motors in the US EV market. 📈 Hyundai and Kia, along with the Genesis brand, collectively hold the second-largest share in US EV sales. 🌐 Hyundai Motor…
💸 Tesla short-sellers faced a staggering blow in 2023, with estimated losses reaching a colossal $12.2 billion. 📉 Despite a triumphant 2022, Tesla short-sellers witnessed their bets against the electric carmaker unravel as the stock more than doubled in value over the course of 2023. 📊 Short-sellers collectively experienced a challenging 2023, with estimated losses…
🌐 Tesla has released a new application programming interface (API) for third-party developers. 🔄 The FleetAPI is a RESTful data and command service that provides access to Tesla vehicles and energy devices. ⚡ Tesla Energy has opened its Powerwall, solar, EV chargers, and other products to third-party developers through the API. 🤝 The collaboration between…