Author: AGN Editor

Xiaomi’s Electric Car Arm Proves Profitable in Just Over a Year
22Nov By AGN EditorNo Comments
EV & Electric Cars, Industry & Business, News

Xiaomi’s Electric Car Arm Proves Profitable in Just Over a Year

Xiaomi, a tech giant increasingly making waves in the automotive industry, has reported its first quarterly operating profit from its electric vehicle (EV) business. This milestone comes approximately nineteen months after the company unveiled its first electric sedan, the SU7. The profitability of Xiaomi’s EV division is a significant step forward for the brand, which continues to grow at an impressive pace within a highly competitive market. In Q3 2025, the business unit generated an operating profit (EBIT) of 700 million yuan ($85 million), showcasing strong growth from its revenue stream that amounted to 29 billion yuan. Breaking down these figures further reveals that electric vehicles alone accounted for a substantial portion of this income. In Q3, Xiaomi’s EVs contributed approximat...
Read More
Lucid Gravity Touring: A Closer Look at Lucid’s Luxury SUV Line-Up
22Nov By AGN EditorNo Comments
News, SUV & Crossovers

Lucid Gravity Touring: A Closer Look at Lucid’s Luxury SUV Line-Up

Lucid Motors continues to expand its luxury EV offerings with the unveiling of the Gravity Touring, a new trim level for their second model that sits just below the €100,000 mark. This addition comes after the Grand Touring version was launched at the IAA Mobility in September 2025 and subsequently opened for orders in Europe. The Lucid Gravity Touring is now available to pre-order, starting at €99,900. It’s priced competitively with high-end luxury SUVs while offering a compelling mix of performance, range, and practicality that sets it apart from the competition. The US version of this model costs $79,900, which converts to approximately €69,000 when considering tax differences. The Gravity Touring is designed with flexibility in mind, featuring standard seating for five passengers but a...
Read More
Vermont Keeps Electric Vehicle Incentives Alive Amid Federal Cutbacks
22Nov By AGN EditorNo Comments
EV & Electric Cars, News

Vermont Keeps Electric Vehicle Incentives Alive Amid Federal Cutbacks

Vermont continues to be at the forefront of promoting electric vehicle (EV) adoption, offering incentives that complement the federal programs which have expired. As the rest of the country grapples with the absence of national EV benefits, Vermont stands out as a beacon for green transportation. The state's commitment to sustainability is evident in its recent extension of rebates and subsidies for both new and used electric vehicles. This move comes at a time when many Americans are looking for ways to reduce their carbon footprint without compromising on affordability or convenience. Residents of Vermont can take advantage of substantial rebates depending on the type of EV they choose: All-electric Vehicle (BEV) Rebates: New $2,200 Used $1,500 In addition to these rebates, Vermont off...
Read More
Genesis Reveals Magma GT Concept: Mid-Engine Sports Car Vision
22Nov By AGN EditorNo Comments
News, Supercars

Genesis Reveals Magma GT Concept: Mid-Engine Sports Car Vision

Genesis has introduced a new mid-engined sports car concept named the Magma GT Concept, designed to serve as the halo vehicle for its performance-focused Magma sub-brand. The unveiling of this latest addition to the brand’s lineup follows recent efforts such as a Le Mans racing prototype and the GV60 Magma road car, which have set the stage for future high-performance offerings. The concept sports car is styled with classic proportions and features Genesis’ signature two-light fascia design. While details about its performance characteristics are sparse at this point, it’s evident that the Magma GT Concept aims to compete in the upper echelons of luxury sports cars, akin to models like the C8 Chevrolet Corvette and Ferrari 296 GTB. Genesis has stated a clear intention to evolve the concept...
Read More
GAC Toyota Launches Pre-orders for bZ7 Electric Sedan at Guangzhou Show
22Nov By AGN EditorNo Comments
EV & Electric Cars, News, Tech & Autonomous

GAC Toyota Launches Pre-orders for bZ7 Electric Sedan at Guangzhou Show

GAC Toyota, a joint venture between Toyota and GAC Group in China, has announced pre-order availability for its new bZ7 electric sedan during the opening day of the 2025 Guangzhou Auto Show. Positioned within the RMB 200,000 segment, this model represents a strategic move by Japanese automakers to tap into China's burgeoning EV market. The bZ7 incorporates advanced technology from local Chinese companies such as Huawei and Momenta. It features the HarmonySpace cockpit system from Huawei, alongside an intelligent ecosystem integration with Xiaomi, enhancing user experience through seamless connectivity. The vehicle is also equipped with a sophisticated driver assistance system by Momenta that supports autonomous driving functions like Navigation on Autopilot for both urban and highway envir...
Read More
AI Vehicles Challenge F1 Driver in Race
21Nov By AGN EditorNo Comments
News

AI Vehicles Challenge F1 Driver in Race

In a unique competition, autonomous vehicles are set to go head-to-head against an F1 driver in a race designed to test their capabilities and performance. The event aims to highlight advancements in AI technology within the automotive industry by showcasing how well these systems perform under racing conditions.The challenge features various autonomous cars equipped with cutting-edge AI systems that can navigate complex tracks similar to those used for Formula 1 races. The vehicles will be driven entirely without human intervention, relying on sophisticated sensors and software to handle the demanding environment of high-speed circuits.While the specific make and model of the participating AI-powered vehicles have not been disclosed, organizers emphasize the focus is on showcasing the cap...
Read More
Why Traveling Abroad in a Campervan Might Cost More Than You Think
21Nov By AGN EditorNo Comments
Guides & Maintenance, News

Why Traveling Abroad in a Campervan Might Cost More Than You Think

Thinking that traveling abroad with a campervan was cheap until I broke my leg and found out an ambulance ride cost more than the trip. Depending on your destination, what you carry in the van, and how you spend your vacation, purchasing travel insurance can save you from unforeseen expenses. Alejandra Otero has written 4517 articles for Auto Global News. Traveling with a campervan or motorhome outside Spain offers complete freedom but also presents unexpected issues that may leave you stranded in remote areas. Additionally, we often carry valuable equipment such as sports gear and electronics. Free documents like the European Health Insurance Card (EHIC) cover medical expenses to some extent but do not include private healthcare, repatriation costs, or loss of belongings or document...
Read More
Western Europe Diesel Car Share Rebounds in October – GlobalData Report
21Nov By AGN EditorNo Comments
Industry & Business, News

Western Europe Diesel Car Share Rebounds in October – GlobalData Report

According to data from GlobalData, the diesel car share of Western European car sales rebounded slightly in October, reaching a provisional figure of 10.7%. This marks a recovery from September’s low point but remains comparable to levels seen earlier this year in March and June. The year-on-year decline of diesel cars slowed down since Q2 of the current year, registering at 2.5% for October. Despite this trend, actual sales figures saw a decrease; around 100,000 diesel vehicles were sold in October compared to approximately 122,000 units during the same period last year (a reduction of 22k cars). Cumulative sales up until October amounted to 1.1 million units, a decline from January-October 2024 figures which stood at 1.37 million. This represents an overall year-on-year drop of 20%. Only...
Read More
Teijin Trials Digital Product Passports for Recycled PC in EV Parts
21Nov By AGN EditorNo Comments
EV & Electric Cars, Guides & Maintenance, News

Teijin Trials Digital Product Passports for Recycled PC in EV Parts

Japanese materials supplier Teijin is testing a Digital Product Passport (DPP) system to track recycled polycarbonate (PC) used across its automotive supply chain. The trial aims to comply with upcoming EU regulations on end-of-life vehicles, ensuring transparency about the origin and recycling content of materials. In this pilot phase, Teijin is working closely with Circularise Japan, focusing specifically on recycled PC resins obtained from automotive headlamps. These DPPs provide detailed information about each resin's material origin, composition, environmental impact, and end-of-life management procedures. The digital passports enable every stakeholder in the value chain—from suppliers to Original Equipment Manufacturers (OEMs) and consumers—to verify the materials used in specific pr...
Read More
DGT Warns of Dangers on Dozens of Roads Due to Snowfall in Northern Spain
21Nov By AGN EditorNo Comments
News, Tech & Autonomous

DGT Warns of Dangers on Dozens of Roads Due to Snowfall in Northern Spain

The Directorate General for Traffic (DGT) has issued a warning that there are dozens of roads where it is dangerous to drive due to snow. The situation is particularly dire in the north, especially in regions such as Cantabria and Asturias. In these northern areas, the use of chains or winter tires is mandatory due to recent severe weather conditions. Over the past few days, television broadcasts have been warning about the arrival of a polar air mass that has significantly dropped temperatures and caused snowfall at lower elevations. The DGT reports nearly 20 roads affected by snowy conditions as of now. The worst is yet to come with further cold weather expected on Friday. According to the Spanish Meteorological Agency (AEMET), significant snowfall will occur in areas such as the Cantabr...
Read More