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BYD Beats Tesla in Revenue for the First Time

BYD Beats Tesla in Revenue for the First Time

Chinese electric vehicle (EV) manufacturer BYD has reached a significant milestone, surpassing Tesla in quarterly revenue for the first time in Q3 2024. Posting an 11.5% increase in net profit, BYD’s revenue reached 201.1 billion yuan ($28.24 billion) compared to Tesla’s $25.2 billion for the same period. This impressive growth reflects BYD’s stronghold in China,…

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Hyundai Goes Green with Huge Energy Contract!

Hyundai Goes Green with Huge Energy Contract!

Hyundai Motor Company is making significant strides towards a cleaner future. The company recently announced the largest renewable energy supply contract in South Korea. This groundbreaking agreement, made in collaboration with Hyundai Engineering & Construction, SK E&S, GS E&R, and Enlighten, will provide the automaker with an impressive 610 GWh of renewable energy annually over…

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Ford Rolls Out New NACS Adapter Supplier

Ford Rolls Out New NACS Adapter Supplier

Ford has announced that it will now ship a new North American Charging Standard (NACS) adapter supplied by Lectron. This decision comes as part of Ford's efforts to provide quicker access to Tesla Supercharger stations, addressing supply chain delays that have impacted the rollout of these essential charging accessories. The NACS Adapter Rollout According to…

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Porsche May Abandon Electric-Only Plans

Porsche May Abandon Electric-Only Plans

Porsche is reconsidering its electric-only strategy, responding to unexpected demand from luxury car buyers who still favor combustion engines over electric vehicles. Originally, Porsche had aimed to make EVs 80% of its sales by 2030, retaining only the iconic 911 as a gas-powered model. However, recent insights from the company’s leadership suggest that Porsche’s plans…

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BYD Plans to Launch Its Smallest EV

BYD Plans to Launch Its Smallest EV

Chinese EV manufacturer BYD is making headlines again with its announcement of a new, smaller electric car aimed at the Australian market. This upcoming model, potentially named the Seagull or Dolphin Mini, could position itself as the cheapest EV available in Australia, following the success of its predecessor, the Dolphin. The BYD Dolphin made a…

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Should You Drive EV Locally?

Should You Drive Your EV Only Locally?

As EVs gain popularity, many drivers are reassessing their local driving habits. With a growing network of charging stations and advancements in battery technology, EVs are changing the way we think about short trips around town. But is local driving in an EV really the best option? Let’s delve into the advantages and considerations of…

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