Automotive Industry and Business News

Hyundai’s Atlas Robots Join Assembly Line in Georgia

8Jan

By J.CarterNo Comments

Hyundai’s Atlas Robots Join Assembly Line in Georgia

Back when the world was grappling with the early stages of the pandemic, Hyundai made a bold move by acquiring Boston Dynamics. Now, those once-distant dreams of walking robots are closer to reality as Hyundai prepares to use humanoid models like Atlas for manufacturing tasks at its Metaplant in Georgia.Key TakeawaysHyundai is testing Boston Dynamics' Atlas robot on assembly line duties, marking a shift towards more flexible automation.The robots are designed to be adaptable and can handle tasks from sorting parts to quality inspection.This move isn't about replacing human workers but augmenting them by taking over strenuous or dangerous jobs.Automated manufacturing has been around for decades, with each new wave of technology promising greater efficiency. But these latest humanoid robots ...

Electric Mercedes S-Class to Replace EQS, but Not Yet

8Jan

By E.WilsonNo Comments

EV & Electric Cars, Industry & Business, News

Electric Mercedes S-Class to Replace EQS, but Not Yet

The long-awaited electric version of the Mercedes-Benz S-Class will arrive in a few years, promising luxury and technology for high-end buyers. However, it's not available just yet.Key TakeawaysAn all-electric S-Class is coming by late 2028 to replace the underperforming EQS.The new model will be offered with both combustion and electric powertrains, like other Mercedes cars now.A mid-life facelift for today's S-Class is on its way this year before the big update arrives.Mercedes-Benz announced plans to introduce an all-electric version of their flagship car by late 2028. This new model will replace both the current EQS and combustion-engine versions, offering a choice between traditional powertrains or electric propulsion for its wealthy clientele. The company's CEO Ola Källenius hinted a...

Honda Prelude’s $25,000 Markup Still Over MSRP at Pohanka Honda of Fredericksburg

6Jan

By M.ChenNo Comments

Industry & Business, News

Honda Prelude’s $25,000 Markup Still Over MSRP at Pohanka Honda of Fredericksburg

Honda enthusiasts are frustrated as a dealer in Virginia lists the new Prelude with a hefty markup that still leaves it priced over its manufacturer suggested retail price (MSRP).Key TakeawaysPohanka Honda of Fredericksburg has cut $10,000 off an initial $68,850 markup but still lists the Prelude over MSRP.The car's current price is $58,850, which many consumers and social media users find unreasonable given its specs and competitive offerings.Despite backlash from Honda fans, Pohanka Honda continues to market a significant adjustment that doesn't align with consumer expectations for fair pricing.Pohanka Honda of Fredericksburg initially listed the 2026 Honda Prelude at an eye-watering $68,850. This price was met with widespread criticism from car enthusiasts and social media users who fel...

BYD Surpasses Tesla as World’s Top BEV Maker in 2025

5Jan

By E.WilsonNo Comments

EV & Electric Cars, Industry & Business, News

BYD Surpasses Tesla as World’s Top BEV Maker in 2025

Chinese automaker BYD has overtaken American rival Tesla to become the world’s largest producer of battery electric vehicles (BEVs) with a record-breaking year. In 2025, BYD sold over four million new energy vehicles globally.Key TakeawaysBYD produced 4.6 million NEVs in 2025, including 2.26 million light BEVsTesla's production fell by nearly 9% to 1.64 million units last yearBYD’s Atto 3 and Seagull models led the charge with strong sales growth worldwideBYD reported a surge in light BEV sales, up 28 percent from the previous year to over two million units. The company's best-selling model is the Atto 3, which has become an instant hit among families looking for reliable and efficient electric vehicles.Meanwhile, Tesla saw its production drop by nearly nine percent in 2025 due partly to p...

Eve Energy Builds Sodium-Ion Battery Campus in China

5Jan

By J.CarterNo Comments

EV & Electric Cars, Industry & Business, News

Eve Energy Builds Sodium-Ion Battery Campus in China

Eve Energy, a leading Chinese battery manufacturer, has started construction on a new sodium-ion battery campus in Huizhou. The facility aims to consolidate research and development with mass manufacturing under one roof.Key TakeawaysThe 90,000-square-metre site will have an annual production capacity of 2 GWh.Eve Energy plans to integrate AI and robotics into the manufacturing process.The campus is expected to become a hub for sodium-ion battery industrialization in China.Construction began on December 22 at Eve's headquarters. The company invested one billion yuan, about €122 million, to develop this site which will be home to advanced AI and robotics centers as well.The project reflects a broader industry trend of exploring alternatives to lithium-ion batteries due to the rising costs o...

BYD Invests Big in ADAS, Aims for L3 Autonomous Driving

4Jan

By S.MartinezNo Comments

EV & Electric Cars, Industry & Business, News

BYD Invests Big in ADAS, Aims for L3 Autonomous Driving

With a whopping investment of over $14.3 billion and a team of more than 5,000 people dedicated to advanced driving assistance systems (ADAS), BYD is making waves in the automotive world. The Chinese automaker plans to push boundaries with its “God’s Eye” technology.Key TakeawaysBYD has invested over 100 billion yuan ($14.3B) into ADAS development and L4 autonomous parking capabilities.The company boasts a team of more than 5,000 people focused on developing intelligent driving technologies.BYD's “God’s Eye” system is now in over two million vehicles, generating massive amounts of real-world data daily.BYD has set ambitious goals for its ADAS technology. The company revealed an L4 autonomous parking feature earlier last year and promised full liability coverage for any losses incurred by t...

Xiaomi Sets Ambitious EV Delivery Goals for 2026

4Jan

By M.ChenNo Comments

Industry & Business, News

Xiaomi Sets Ambitious EV Delivery Goals for 2026

Xiaomi, the tech giant now venturing into electric vehicles (EVs), announced ambitious plans to deliver 550,000 cars in 2026. This represents a near-34% growth from over 410,000 units delivered last year.Key TakeawaysXiaomi targets delivering nearly half a million EVs in 2026, up by about 34%The company aims to introduce four new models this year including refreshed versions of the SU7 sedan and YU7 SUVBy expanding its lineup and achieving early success with existing vehicles, Xiaomi is positioning itself as a major player in China's EV marketXiaomi's 2026 goal comes after it surpassed its target for last year of delivering over 415,000 cars. The company achieved this milestone ahead of schedule and aims to build on that success with new models.The tech firm plans four vehicle launches in ...

Tesla Unveils Cybercab: What’s Under the Hood?

3Jan

By J.CarterNo Comments

EV & Electric Cars, Industry & Business, News

Tesla Unveils Cybercab: What’s Under the Hood?

Tesla CEO Elon Musk recently made waves by revealing new details about the upcoming Cybercab, an autonomous ride-hailing vehicle set to revolutionize urban transportation. The car was first unveiled at Tesla’s “We, Robot” event in October 2024 and is expected to go into production later this year.Key TakeawaysThe Cybercab will be fully autonomous without a steering wheel or pedals.Musk hinted at additional features that haven't been disclosed yet, suggesting an even more advanced vehicle than currently known.Tesla aims to capitalize on the trend of ride-hailing services with fewer passengers for maximum efficiency and comfort.The Cybercab represents a significant shift in Tesla’s strategy as it transitions from being primarily an automaker into an AI and robotics company. The vehicle will ...

The Most Expensive Cars on Drive and Why They’re Worth It

3Jan

By S.MartinezNo Comments

EV & Electric Cars, Industry & Business, News

The Most Expensive Cars on Drive and Why They’re Worth It

Are you ready to shell out a small fortune for the ultimate ride? The three most expensive cars listed right now on Drive Marketplace have all seen their value skyrocket, making them not just dream machines but also potential investment opportunities. Who wouldn't want to drive around in a car that's worth more than it was when new?Key TakeawaysThe 1995 Porsche 911 Turbo tops the list at $899,990.This vintage supercar has appreciated by over half a million dollars since its original price tag in '95.Aston Martin DBS Superleggera and Rolls-Royce Ghost follow closely behind with impressive value too.First up, the 1995 Porsche 911 Turbo. It's not every day you see a car that was once $301,220 now asking for nearly nine hundred grand on Drive Marketplace. This beast boasts a twin-turbo flat-si...

Morgan and BMW: A Quarter Century of Automotive Magic

3Jan

By S.MartinezNo Comments

Industry & Business, News

Morgan and BMW: A Quarter Century of Automotive Magic

For the past quarter century, Morgan sports cars have been powered by some of BMW's finest engines. From the Aero 8 to today’s Supersport model, this partnership has seen countless iterations that blend British craftsmanship with German engineering prowess.Key TakeawaysMorgan and BMW have been partners for a quarter of a century now.The Aero 8 was the first Morgan to use a BMW engine, featuring an M62 V8 at Geneva in 2000.The Supersport is today's flagship model, powered by the B58 inline-six and marking the latest chapter in this enduring relationship.It all started with the Aero 8 back in 2000. This sleek and elegant car was a game changer for Morgan at that time, introducing them to BMW's M62 V8 engine which set new standards for power and refinement.The partnership has evolved over the...