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News
Xpeng Refutes Maserati Acquisition Rumors, Stirring Interest
2023-08-18
Car News
News spread rapidly across Chinese social media platforms today, suggesting that Xpeng, a prominent Chinese electric vehicle (EV) manufacturer, was in the process of acquiring the renowned luxury car brand, Maserati. [caption id="attachment_5404" align="aligncenter" width="1200"] (Image: Xpeng G6)[/caption] Throughout this year, rumors of potential collaborations between Chinese EV startups and…
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Mercedes-Benz Inks Patent Accord for 5G Connected Cars
2023-08-18
Car News
Recent reports from international media indicate that the Mercedes-Benz Group has achieved a significant milestone by becoming the inaugural automotive company to establish a collaboration with the US patent platform Avanci. This partnership grants Mercedes-Benz the official authorization to incorporate 5G technology within their intelligent networked vehicles. Commencing on August…
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Mercedes-Benz Chief Executive Officer Discusses Strategy: Emphasizing Price Stability and Brand Value over Price Battles
2023-08-18
Car News
In the early months of this year, Elon Musk, the CEO of Tesla, openly acknowledged, "I believe there is a substantial number of individuals interested in purchasing Tesla vehicles, yet find them financially out of reach." [caption id="attachment_5395" align="aligncenter" width="1192"] (Image: Mercedes Benz)[/caption] At that juncture, Tesla ignited a global…
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Mercedes Aims for Complete Electrification in Malaysia by 2030
2023-08-17
Trade News
Luxury automaker Mercedes-Benz Group has set its sights on Malaysia as a key market, with ambitious plans to electrify its entire vehicle lineup within the country by the year 2030. Earlier this year, Mercedes-Benz achieved the milestone of becoming the first automaker to introduce locally-produced electric vehicles in Malaysia. [caption…
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Tesla Introduces New All-Inclusive Wall Connector
2023-08-17
Car News
In recent reports from international media, renowned automaker Tesla has unveiled its latest offering: the Tesla Universal Wall Connector, a solution tailored to non-Tesla electric vehicle purchasers in North America. This innovation takes inspiration from Tesla's Magic Dock, a groundbreaking adapter integrated into the Supercharger system. The Magic Dock serves…
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VinFast, Vietnam’s Electric Vehicle Manufacturer, Goes Public on Nasdaq Amid Investor Concerns of a Bubble
2023-08-17
Trade News
VinFast Auto, a prominent electric vehicle manufacturer from Vietnam, has successfully concluded its merger with the special purpose company Black Spade Acquisition Co (NYSE: BSAQ) and has debuted on the NASDAQ stock exchange in the United States. This strategic merger has positioned VinFast with an approximate valuation of $27 billion,…
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