Automotive

In early April 2024, demand for Xiaomi’s US$30,000 Speed Ultra 7 (SU7) quickly outstripped supply, netting 90,000 orders in 24 hours and creating a seven-month waitlist. Just prior to the launch, Chief Executive Lei Jun fired broadsides at leading US tech companies Tesla and Apple, declaring the SU7 would be superior to the former’s Model […]

The UK’s used car market rose by 6.5% in the first quarter of 2024 with 1,967,923 units finding new owners – the strongest start to a year since pre-pandemic 2019, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT) The UK’s used car market rose by 6.5% in

The winter of 2023/24 generated headlines as electric vehicles (EVs) in US states like Colorado and Illinois reportedly ran out of battery charge prematurely. According to a January 2024 article in The New York Times, the owner of a Chevrolet Bolt found that its supposed 30 miles of range lasted mere minutes before the vehicle

Under pressure from the US authorities, Mexico has withdrawn offers of incentives to Chinese electric vehicle (EV) manufacturers to set up in the country. Moreover, meetings between the Mexican government and Chinese OEMs have reportedly, for now at least, ended. In January 2024, BYD was apparently the last Chinese company to have a meeting with

Automotive World Magazine features the best and sharpest Automotive World content, curated specifically to help you understand the future of mobility It’s been a busy month for new mobility technology. Advancements around Web3 applications promise to revolutionise how brands engage with end users and open new revenue streams. The rise of over-the-air updates is challenging

Consistent strategic implementation: Dynamic BEV ramp-up aligned with profitability, as planned The BMW Group continues its successful course in 2024: parallel to its dynamic BEV ramp-up, the company achieved its margin targets. In the first three months of the year, the company delivered around 83,000 all-electric vehicles from its BMW, MINI and Rolls-Royce brands and

Nelson Alexander outlines the cyber security requirements and potential solutions for automotive ECUs As vehicles become increasingly connected, security has become a top priority for OEMs and the entire supply chain. This is driven by the need for over-the-air (OTA) software updates, remote diagnostics, and advanced driver assistance systems. However, these new capabilities also create

At DriftX 2024, the UAE embarked on a series of partnerships intended to make it first to realise autonomous driving at scale. By Stewart Burnett  The post UAE makes a play for multimodal AV leadership at DriftX 2024  appeared first on Automotive World. Source link

Following depressed earnings in Q4 2023 when it was hit by the impact of strikes and losses on its electric vehicle (EV) activities, GM’s earnings bounced back in Q1 2024, beating consensus forecasts and leading the company to boost its own forecast for the full year. GM’s share price continued its recent upward trend taking

Simulation technology is becoming increasingly integrated with vehicle R&D. Capable of reducing both the time and expense of prototyping by mitigating the need for physical validation models, digital twin’s value in the global automotive industry alone is expected to reach US$35bn by 2032—up from just US$2bn in 2022, according to Allied Market Research. As automakers