Shares of BYD jump after Chinese EV maker posts 200% surge in first half profit

A BYD ATTO 3 is displayed during the British Motor Show at Farnborough International Exhibition Centre on August 17, 2023 in Farnborough, England. John Keeble | Getty Images News | Getty Images Shares of Chinese automaker BYD listed in China jump more than 5% Tuesday, a day after posting a stellar jump in first half… Continue reading Shares of BYD jump after Chinese EV maker posts 200% surge in first half profit

EV charging is changing, Part 2: No, NACS is not today’s Tesla connector

Part 1: How automakers’ disappointment in Electrify America drove them into Tesla’s arms Coming soon:Part 3: Why Tesla’s NACS is unlikely to kill CCSPart 4: Behind the scenes of seven automakers answer to Tesla’s Superchargers  EV charging is changing, but much remains to be settled A flurry of news over less than a year permanently altered… Continue reading EV charging is changing, Part 2: No, NACS is not today’s Tesla connector

@Toyota: Toyota Motor Philippines celebrates love for cars with fans at its GAZOO Racing Festival

Aug. 29, 2023 Toyota Motor Corporation Chairman Akio Toyoda visited the Philippines to showcase his excellent racing skills alongside other international and local pro racers Racing-aficionados and adrenaline-junkies were left spellbound by the two-day heart-pounding TOYOTA GAZOO Racing Festival (TGR Festival) at the Quirino Grandstand in Manila that had everyone screaming “I love cars!.” This… Continue reading @Toyota: Toyota Motor Philippines celebrates love for cars with fans at its GAZOO Racing Festival

@Toyota: Toyota Motor Philippines celebrates love for cars with fans at its GAZOO Racing Festival

Aug. 29, 2023 Toyota Motor Corporation Chairman Akio Toyoda visited the Philippines to showcase his excellent racing skills alongside other international and local pro racers Racing-aficionados and adrenaline-junkies were left spellbound by the two-day heart-pounding TOYOTA GAZOO Racing Festival (TGR Festival) at the Quirino Grandstand in Manila that had everyone screaming “I love cars!.” This… Continue reading @Toyota: Toyota Motor Philippines celebrates love for cars with fans at its GAZOO Racing Festival

Huge Crowd of Gamers Boos Elon Musk for Ruining Twitter

“Like getting wedgies [from] the anime club.” Shouted Down Elon Musk most certainly has his fanboys — but it appears that he may have lost the gamers. Musk was, as video from a tournament for the first person hero shooter Valorant shows, booed by a giant crowd of angry esports enthusiasts when he made a… Continue reading Huge Crowd of Gamers Boos Elon Musk for Ruining Twitter

Volkswagen joins Tesla in accelerating China’s auto price war

SHANGHAI/HONG KONG — The price war has flared up once again in China’s auto market, as the Volkswagen Group jumps into the fray with other players dangling deep discounts to spur demand. A good number of customers were checking out vehicles at a SAIC Volkswagen Automotive dealership in Shanghai on a weekday in late August.… Continue reading Volkswagen joins Tesla in accelerating China’s auto price war

MotorDNA Unveils Cutting-Edge Insurance Marketplace: Revolutionizing Auto Dealerships and Auto Insurance Industry

ALPHARETTA, Ga., Aug. 29, 2023 /PRNewswire/ — MotorDNA, a trailblazing leader in providing analytics-ready vehicle build data, proudly introduces its groundbreaking product, the MotorDNA Insurance Marketplace.  With a visionary approach, this digital Marketplace connects auto dealerships, digital car-selling platforms, and insurance carriers, creating an ecosystem that transforms how insurance is quoted, purchased, and experienced during… Continue reading MotorDNA Unveils Cutting-Edge Insurance Marketplace: Revolutionizing Auto Dealerships and Auto Insurance Industry

Trials in fatal Tesla accidents

E-car pioneer and maker of the full self-driving autopilot Tesla is preparing for its first death-related trial. Tesla will have to defend himself in court for the first time against allegations that autopilot failure resulted in death. This is quite likely to be a major test of the Tesla system. There have been a few… Continue reading Trials in fatal Tesla accidents

Chinese EVs: Nio reports Q2 losses, BYD sees record deliveries

Shares of Chinese EV maker NIO are tumbling this morning after reporting wider-than-expect second-quarter losses. At the same time, rival EV manufacturer BYD (BYDDY) sees surging profits and record delivery figures. Yahoo Finance Live examines the impact of the price wars becoming more apparent in China’s EV market. Video Transcript BRAD SMITH: We’re switching gears… Continue reading Chinese EVs: Nio reports Q2 losses, BYD sees record deliveries

Chinese EVs: Nio reports Q2 losses, BYD sees record deliveries

Shares of Chinese EV maker NIO are tumbling this morning after reporting wider-than-expect second-quarter losses. At the same time, rival EV manufacturer BYD (BYDDY) sees surging profits and record delivery figures. Yahoo Finance Live examines the impact of the price wars becoming more apparent in China’s EV market. Video Transcript BRAD SMITH: We’re switching gears… Continue reading Chinese EVs: Nio reports Q2 losses, BYD sees record deliveries