News
BYD chairman aims for company to become world's largest automaker in 5 years
51+ min ago (439+ words) Wang Chuanfu's bold timeline puts Toyota and Volkswagen on notice as BYD's production has expanded eightfold since 2021. BYD Chairman Wang Chuanfu has laid down a marker: his company will be the world's largest automaker within five years. For context, BYD…...
Waymo builds benchmark model for robotaxi crash comparisons
1+ hour, 4+ min ago (278+ words) Alphabet's autonomous vehicle unit created a computer model simulating human driver behavior in crash scenarios to measure robotaxi safety against a consistent baseline. Waymo just built a new tool to answer the question every robotaxi skeptic eventually asks: "But is…...
BYD abandons $1 B T'rkiye factory project, shifts focus to Hungary
2+ hour, 5+ min ago (270+ words) Eighteen months after signing a deal for a massive EV plant in Manisa, not a single shovel has hit the ground, and the Chinese automaker is quietly redirecting its European ambitions. In July 2024, BYD signed a $1 B deal to build…...
BYD to invest "2 B in 5-minute flash chargers across Europe
3+ hour, 16+ min ago (471+ words) The Chinese EV giant is building a network of 1. 5 MW charging stations that can push 400 km of range into a car in five minutes, starting with Germany and the UK. BYD is pouring "2 billion into building out a network of…...
Mexico raises concerns over US trade pact favoring South Korea
11+ hour, 11+ min ago (265+ words) Mexican automakers face tariffs as high as 25% on US-bound vehicles while South Korean and Japanese competitors enjoy a 15% rate, creating a competitive gap that could reshape North American supply chains. The complaint from Mexican producers is straightforward. Countries thousands of…...
Tesla reports FSD Supervised is over 3x safer than manual driving in Netherlands
11+ hour, 24+ min ago (436+ words) Tesla's first European safety dataset shows 3. 5 times fewer collisions than manual driving, but the numbers come with a significant asterisk. Tesla just dropped its first batch of European safety data for Full Self-Driving Supervised, and the numbers are eye-catching. Over…...
US API reports gasoline inventories fell 1. 2 M barrels as crude stocks surged in surprise build
11+ hour, 46+ min ago (375+ words) A massive 9. 1 million barrel crude oil build blindsided traders who expected a 3. 4 million barrel draw, sending mixed signals ahead of summer driving season. The American Petroleum Institute dropped its weekly inventory data on June 9, and the numbers told two very…...
USTR Greer to visit Tesla in California as administration pushes onshoring agenda
14+ hour, 25+ min ago (193+ words) US Trade Representative Jamieson Greer is heading to Tesla's Fremont manufacturing facility in California on Thursday, part of a broader two-day tour designed to showcase the Trump administration's push to bring advanced manufacturing back to American soil. Greer's itinerary extends…...
Pepsi Co is running 41 fully driverless trucks while Tesla's robotaxi fleet lags behind
14+ hour, 9+ min ago (256+ words) The snack and beverage giant has logged zero accidents and 99% on-time delivery across three states, quietly building the largest commercial autonomous freight operation in the US. While the tech world obsesses over Tesla's robotaxi rollout, Pepsi Co has been doing…...
Tesla's FSD Supervised approved in Denmark for European expansion
14+ hour, 55+ min ago (360+ words) Denmark becomes the fourth EU nation to greenlight Tesla's advanced driver-assistance system, as continent-wide approval edges closer. Tesla's Full Self-Driving Supervised mode just got the green light in Denmark, adding another pin to the automaker's slowly expanding European map. The…...