Trump win triggers stock drops for foreign automakers

Former and now incoming US President Donald Trump reportedly spells trouble for foreign automakers. The stock prices of automakers in China and Germany saw a steep decline after Trump’s win was announced.  Shortly after President-elect Donald Trump’s win was called, European automakers’ saw a drop in sales. For instance, BMW Read more

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Xiaomi quickly boosts SU7 production to meet demand

Xiaomi quickly boosted SU7 production to meet growing demand. The newly minted Chinese automaker is currently producing the SU7 electric vehicle in its own factory in Beijing.  For October, Xiaomi reached 160% utilization in its Beijing plant, delivering more than 20,000 units. The automaker aims to boost its output even Read more

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Kia unveils new EV Concepts built for adventure

Kia America returns to SEMA (Specialty Equipment Market Association), showcasing EV concepts built for outdoor adventures.  The SEMA 2024 Show is set in Las Vegas this year, and exhibitors are ready to showcase their best ideas and goods. Designers from Kia Design Center America (KDCA) exhibited the automaker’s ideas for Read more

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SpaceX reports 270K+ mobile phones connected to Starlink Cellular

SpaceX recently reported that 270,000 mobile phones connected to Starlink Direct-to-Cellular on the first day service was available in states impacted by Hurricanes Helene and Milton.  SpaceX recently replied to ISED (Innovation, Science, and Economic Development) Canada’s consultation inquiry. Canada is researching the potential benefits or drawbacks of supplemental mobile Read more

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Suzuki unveils all-electric VITARA 

Suzuki Motor Corporation recently unveiled is first battery electric vehicle, the e Vitara, made for mass production. The Suzuki e Vitara was debuted in Milan, Italy, a fitting place foe the EV that will be sold in Europe first. The Japanese automaker plans to start producing the e Vitara at Read more

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