Tesla reports first drop in sales and BYD drops almost in even more
A new chapter unfolds with Tesla’s recent sales report, marking a significant departure from its trajectory since 2020. The spotlight once again illuminates the competition between these giants, as Tesla, under Elon Musk’s stewardship, clinched another victory...
Huawei’s Remarkable Recovery: Surging Revenue Marks Resilience Post-Sanctions
Huawei Technologies has announced a formidable financial performance for the year 2023, signaling a robust bounce back from the adversity of US sanctions imposed in 2019. With revenue surging to $97.48 billion and profits soaring to $12.05 billion, the tech giant’s...
Apple in Talks to Integrate Google’s Gemini AI into iPhone
Apple is reportedly in discussions with Google to incorporate the Gemini artificial intelligence engine into its iPhone lineup, according to Bloomberg’s Mark Gurman. Alongside this, there have been talks with OpenAI, the developers behind ChatGPT, indicating a...
Hyundai’s $50 billion gamble: Bold investment to cement top-3 status in the EV market
Hyundai has unveiled plans for a monumental $50 billion investment aimed at securing its position as one of the top three EV manufacturers by 2030. This ambitious endeavor underscores Hyundai’s determination to thrive in an automotive landscape undergoing a rapid shift...
BYD Challenges Tesla for Electric Car Sales Crown in 2024
According to TrendForce, global sales of NEVs (New Energy Vehicles), encompassing BEVs (Battery Electric Vehicles), PHEVs (Plug-in Hybrid Electric Vehicles), and FCVs (Fuel Cell Vehicles), are expected to hit 13.03 million units in 2023, marking a growth rate of 29.8%....
