David Lau, Tesla’s Vice President of Software Engineering, is stepping down after a significant twelve-year tenure. He was instrumental in Tesla’s innovative software systems, including intuitive touchscreens and cloud-based services. Lau’s leadership helped drive Tesla’s continuous vehicle enhancements post-production, showcasing a commitment to evolution. His departure raises important questions about the future direction of Tesla’s […]
BYD leads the global EV market with record-breaking sales, signaling a major shift in automotive trends. March sales reached 377,420 new energy vehicles (NEVs), with 166,109 pure electric and 205,310 plug-in hybrids sold. The first quarter saw NEV sales surpass 1 million, marking a 59.81% year-on-year increase. BYD’s strategic pivot from internal combustion to electric […]
Li Xiang of Li Auto advocates for clearer marketing language around autonomous driving to enhance safety and trust. Misunderstandings due to technical jargon can lead to dangerous overconfidence in autonomous vehicle capabilities. Proposes simplified terminology: “Driving Assistance” for L2, “Automatic Driving Assistance” for L3, “Autonomous Driving” for L4, and “Driverless Driving” for L5. Clarity in […]
Autonomous vehicles from Waymo are already operational in some urban areas, stirring both excitement and apprehension. Analysis of 50 million hours of driving data reveals human errors as the primary cause of accidents, not autonomous software. Around 60 notable crashes occurred over five years, a relatively low figure given the extensive hours of operation. Waymo […]
Tesla’s customer base is shifting due to Elon Musk’s endorsement of Donald Trump for the 2024 election. Research indicates a growing Republican support for Tesla, reducing the previously dominant Democratic consumer preference. This political endorsement has led to a recorded 10-point drop in Tesla’s brand reputation among Democrats, with an 8-point increase with Republicans. Tesla’s […]
Hyundai reveals the Insteroid, an EV concept car inspired by video games and future technology. The Insteroid features an aerodynamic body, large spoiler, and high-performance track wheels designed for speed and agility. Its minimalist cockpit contains bucket seats and a digital instrument cluster inspired by science fiction. Chief designer Eduardo Ramírez describes the Insteroid as […]
Tesla, a leader in the automotive and AI sectors, is confronting substantial economic hurdles head-on. Despite recent strides in AI and tech innovation, the company’s financial landscape is being reshaped by volatile profit margins. Over three years, Tesla experienced a stark 60% drop in gross profit per vehicle, diminishing from $14,400 in late 2021 to […]
In a recent operation in Gran Canaria, law enforcement authorities intercepted four high-end cars at the port that were destined for Africa after being stolen in Europe. The recovered cars have an estimated total value of around 300,000 euros, ranging from 25,000 euros for the least expensive to 116,000 euros for the most expensive model. […]