Elon Musk Announces Implantation of First Neuralink Brain Chip in a Human Elon Musk's startup Neuralink has successfully performed a surgery to implant a chip into a human brain. This is expected to enable the development of telepathic capabilities that can control devices using only thoughts...
Trump Threatens Big Tariffs on Car Imports Former President Donald Trump said he will protect the U.S. auto industry by imposing tariffs on imported cars if he is re-elected. As a result, trade barriers for the automotive industry are expected to increase...
BMW's New 5/i5 Series: China Launch BMW introduced the new 5 Series sedan and the battery-electric i5 to the Chinese market on January 25, 2024. Unlike a typical launch event for a large business sedan, there were no business suits and speech rehearsals...
Elon Musk's Twitter Deal Faces Backlash from Long-Term Tesla Investor Tesla CEO Elon Musk looks at a file photo during a visit to the site of the Auschwitz-Birkenau concentration camp in Oswiecim, Poland, on April 22. Musk was criticized in November 2023 for posting anti-Semitic comments on social media.
Tesla's Q4 2023: Operating Margin Shrinks, But Net Profit Doubles Tesla announced financial results for the fourth quarter of 2023 on January 24, 2024. Operating income decreased 47% year-over-year to $2.064 billion, marking the fourth consecutive quarter of losses...
Volkswagen Reveals Updated 8th Gen Golf with Cutting-Edge AI Chatbot Volkswagen has unveiled a partially facelifted model of the eighth-generation Golf on January 24, 2024...
Xiaomi's Entry into Electric Cars: Lei Jun's Battle for Supremacy Lei Jun, founder of Chinese smartphone giant Xiaomi, has claimed that competition in the automotive industry will be winner-take-all, unlike other executives in China's electric vehicle sector.
China's New Energy Vehicle Goal Reached Well Ahead of Schedule China is expected to meet its 50 percent new energy vehicle penetration target 10 years ahead of schedule, a Chinese government official said, China Daily reported on Jan. 22, 2024...
Saudi Non-Oil Economy Records 20% Growth Since 2016 [TheGuru=Hong Sung-hwan] Saudi Arabia's non-oil industry is growing at a rapid pace. It is the result of actively promoting 'Vision 2030,' a mid- to long-term development plan to move away from an oil-centered economic structure.
Disney's 100th Anniversary Collaboration: Hyundai-Honda-Vespa-Fiat [moreguru=hongseongil reporter] Global content company Walt Disney has collaborated with Hyundai Motor Co. to celebrate its 100th anniversary...
South Korea Ranks 5th in 'Engineer Output per Capita Beating China [TheGuru=Sungil Hong] South Korea has surpassed China in the number of engineers produced per capita per year. However, the absolute number is about 10 times different...
Hyundai Motor Group Introduces Active Air Skirt to Enhance Electric Vehicle Efficiency Hyundai Motor and Kia have developed an 'active air skirt' technology to improve the range and stability of electric vehicles. The technology minimizes drag at high speeds and effectively controls vortices around the vehicle's wheels...
Tesla Recalls Nearly 200,000 U.S. Vehicles Due to Rearview Camera Issue Tesla 'Model Y' production line. [Photo: Tesla Korea][iNews24 reporter Beomyeol Yoo] Tesla is recalling 200,000 vehicles in the U.S. with rearview camera malfunctions...
Elon Musk Drops to Second Wealthiest Person as Tesla's Stock Falls Sharply Elon Musk has been dethroned by LVMH's Bernard Arnault as the world's richest man after Tesla's stock plunged. Arnault is now the world's most powerful person, while Musk is second. This is due to Tesla's bad news and LVMH's positive outlook...
South Korea Worries About Economic Impact If Trump Returns to Office Sejong
Chinese Automakers Could Outperform Global Rivals, Says Elon Musk AsiaToday Reporter Lee Jang-won = Tesla CEO Elon Musk warned on Sept. 24 (local time) that Chinese automakers will take down most other automakers in the world if there are no trade barriers...
China's Great Wall Motors Starts Production of Electric Vehicles in Thailand China's Great Wall Motor announced on January 12, 2024 that the GWM Aura 03, also known as the GWM Aura Goodcat, has begun production at GWM's Rayong plant in Thailand...
Tesla Faces Uncertain Future: Could it Lose its Place Among Tech Giants? [text] Tesla's fourth-quarter earnings in the U.S. were below expectations, and the outlook for the year is not good. As a result, Tesla may drop out of the 'Magnificent Seven'. Tesla's growth has been slowing due to slowing demand for electric vehicles and competition from Chinese EV makers...
Oil Prices Rally as US Crude Reserves Shrink and China Fuels Demand The price of West Texas Intermediate (WTI) crude oil broke above $75 and hit a new high as US crude inventories fell. China's massive stimulus program and geopolitical risks are not yet reflected in prices.
China's Electric Car Market Slump Drives Lithium Prices Down by 80% AsiaToday Sunmiri Reporter = Lithium prices have plunged 80% in a year due to sluggish demand for electric vehicles in China, prompting lithium producers to urgently cut supplies.
Elon Musk Announces Implantation of First Neuralink Brain Chip in a Human Elon Musk's startup Neuralink has successfully performed a surgery to implant a chip into a human brain. This is expected to enable the development of telepathic capabilities that can control devices using only thoughts...
Trump Threatens Big Tariffs on Car Imports Former President Donald Trump said he will protect the U.S. auto industry by imposing tariffs on imported cars if he is re-elected. As a result, trade barriers for the automotive industry are expected to increase...
BMW's New 5/i5 Series: China Launch BMW introduced the new 5 Series sedan and the battery-electric i5 to the Chinese market on January 25, 2024. Unlike a typical launch event for a large business sedan, there were no business suits and speech rehearsals...
Elon Musk's Twitter Deal Faces Backlash from Long-Term Tesla Investor Tesla CEO Elon Musk looks at a file photo during a visit to the site of the Auschwitz-Birkenau concentration camp in Oswiecim, Poland, on April 22. Musk was criticized in November 2023 for posting anti-Semitic comments on social media.
Tesla's Q4 2023: Operating Margin Shrinks, But Net Profit Doubles Tesla announced financial results for the fourth quarter of 2023 on January 24, 2024. Operating income decreased 47% year-over-year to $2.064 billion, marking the fourth consecutive quarter of losses...
Volkswagen Reveals Updated 8th Gen Golf with Cutting-Edge AI Chatbot Volkswagen has unveiled a partially facelifted model of the eighth-generation Golf on January 24, 2024...
Xiaomi's Entry into Electric Cars: Lei Jun's Battle for Supremacy Lei Jun, founder of Chinese smartphone giant Xiaomi, has claimed that competition in the automotive industry will be winner-take-all, unlike other executives in China's electric vehicle sector.
China's New Energy Vehicle Goal Reached Well Ahead of Schedule China is expected to meet its 50 percent new energy vehicle penetration target 10 years ahead of schedule, a Chinese government official said, China Daily reported on Jan. 22, 2024...
Saudi Non-Oil Economy Records 20% Growth Since 2016 [TheGuru=Hong Sung-hwan] Saudi Arabia's non-oil industry is growing at a rapid pace. It is the result of actively promoting 'Vision 2030,' a mid- to long-term development plan to move away from an oil-centered economic structure.
Disney's 100th Anniversary Collaboration: Hyundai-Honda-Vespa-Fiat [moreguru=hongseongil reporter] Global content company Walt Disney has collaborated with Hyundai Motor Co. to celebrate its 100th anniversary...
South Korea Ranks 5th in 'Engineer Output per Capita Beating China [TheGuru=Sungil Hong] South Korea has surpassed China in the number of engineers produced per capita per year. However, the absolute number is about 10 times different...
Hyundai Motor Group Introduces Active Air Skirt to Enhance Electric Vehicle Efficiency Hyundai Motor and Kia have developed an 'active air skirt' technology to improve the range and stability of electric vehicles. The technology minimizes drag at high speeds and effectively controls vortices around the vehicle's wheels...
Tesla Recalls Nearly 200,000 U.S. Vehicles Due to Rearview Camera Issue Tesla 'Model Y' production line. [Photo: Tesla Korea][iNews24 reporter Beomyeol Yoo] Tesla is recalling 200,000 vehicles in the U.S. with rearview camera malfunctions...
Elon Musk Drops to Second Wealthiest Person as Tesla's Stock Falls Sharply Elon Musk has been dethroned by LVMH's Bernard Arnault as the world's richest man after Tesla's stock plunged. Arnault is now the world's most powerful person, while Musk is second. This is due to Tesla's bad news and LVMH's positive outlook...
South Korea Worries About Economic Impact If Trump Returns to Office Sejong
Chinese Automakers Could Outperform Global Rivals, Says Elon Musk AsiaToday Reporter Lee Jang-won = Tesla CEO Elon Musk warned on Sept. 24 (local time) that Chinese automakers will take down most other automakers in the world if there are no trade barriers...
China's Great Wall Motors Starts Production of Electric Vehicles in Thailand China's Great Wall Motor announced on January 12, 2024 that the GWM Aura 03, also known as the GWM Aura Goodcat, has begun production at GWM's Rayong plant in Thailand...
Tesla Faces Uncertain Future: Could it Lose its Place Among Tech Giants? [text] Tesla's fourth-quarter earnings in the U.S. were below expectations, and the outlook for the year is not good. As a result, Tesla may drop out of the 'Magnificent Seven'. Tesla's growth has been slowing due to slowing demand for electric vehicles and competition from Chinese EV makers...
Oil Prices Rally as US Crude Reserves Shrink and China Fuels Demand The price of West Texas Intermediate (WTI) crude oil broke above $75 and hit a new high as US crude inventories fell. China's massive stimulus program and geopolitical risks are not yet reflected in prices.
China's Electric Car Market Slump Drives Lithium Prices Down by 80% AsiaToday Sunmiri Reporter = Lithium prices have plunged 80% in a year due to sluggish demand for electric vehicles in China, prompting lithium producers to urgently cut supplies.
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