According to foreign media reports, the Bay Area Air Quality Management Distribution (BAAQMD) has ordered Tesla to correct its “continuous air quality violations” in Fremont, Northern California. BAAQMD said a few days ago that the agency “requires a corresponding order to stop the frequent and continuous illegal behavior of the Teslafremont factory spraying workshop. Since 2019, Tesla has received more than 112 notices on air quality violations. BAAQMD said that each air violations may discharge hundreds of pounds of illegal air pollutants. Some of the violations occur frequently, which may have a negative impact on public health and environment. Dr. BAAQMD officials, Dr. Philip […]
Swedish electric vehicle manufacturer Polestar announced on June 28 that its revenue for 2023 decreased by 3% to $2.38 billion, attributing the decline to a slowdown in demand for its high-priced models. This financial downturn marks a challenging year for the company, which saw its total losses swell to $414.7 million. In comparison, Polestar reported a gross profit of $98.4 million during the same period in 2022. However, the net loss has significantly increased from $481.5 million last year to a staggering $1.17 billion in 2023. The decline in revenue and the sharp increase in losses are reflective of the broader market challenges and the specific pressures faced […]
Swedish electric vehicle manufacturer Polestar has announced that it has officially started delivering its latest electric SUV, the Polestar 3, to customers in Europe and the United States. This marks another significant milestone for Polestar in the global electric vehicle market. In the United States, the first batch of Polestar 3 deliveries will cover customers in California, Illinois, Indiana, and New York. Consumers in these areas will be among the first to experience the performance and innovative design of this luxury electric SUV. In Europe, customers in Germany and Norway will soon receive their pre-ordered Polestar 3 vehicles. Polestar’s delivery operations in these countries are in full swing […]
According to foreign media reports, on June 26, Aston Martin released its new limited edition sports car Valiant, and the company said it will start delivering the new model in the fourth quarter of this year. The British automaker aims to revive its declining sales and achieve positive cash flow growth. Valiant is a model designed by the Aston Martin team and Formula One driver and two-time world champion Fernando Alonso. The company will only produce 38 units. A source revealed that the retail price of Valiant in the UK is about 2 million pounds (2.54 million US dollars) excluding tax. Aston Martin revealed that all 38 Valiants […]
Evergrande Auto announced on the evening of June 26 that discussions about a potential share transfer are still ongoing, but the sale and purchase agreement and credit agreement have not yet been signed. Evergrande Auto also stated in the announcement that the potential transaction may or may not proceed as the potential transaction is subject to further due diligence and the sale and purchase agreement and credit agreement are confirmed after they are signed, and subject to the terms and conditions of the agreement. The Company strongly advises shareholders and potential investors to exercise caution in purchasing shares. […]
According to foreign media reports, at present, car infotainment systems are getting bigger and bigger, but one startup has created a new prototype device that pushes this trend to the extreme – similar to Ford’s pillar-to-pillar touchscreen, which turns the car windshield into a full-color 3D head-up display (HUD). According to foreign media reports, last week, Distance Technologies showed its design at the Augmented World Expo in Long Beach, California, USA. The company was founded by the co-founders of head-mounted display maker Varjo with the goal of upgrading head-up displays to more than just flat, simple overlays. Distance […]