Tesla Model Y Loses Top Spot as World’s Best-Selling Car

Market trends can be unpredictable and fascinating, often defying our expectations. A recent example of this is Tesla, which managed to announce a 13% decline in sales, only to see its stock rise by 5% in a single day. However, let’s focus on one of Tesla’s notable achievements: its ability to go from “production hell” to building the world’s best-selling car in just six years. But, as the saying goes, “what goes up must come down.” According[…]

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Tesla Enhances Range and Performance of Model 3 and Model Y in China

Tesla has introduced a series of upgrades to its Model 3 and Model Y electric vehicles in China, focusing on improving the range and performance of its long-range variants. These updates come with a price hike for the Model 3 Long Range All-Wheel Drive, which now costs RMB 285,500 (approximately $39,300), a RMB 10,000 (around $1,400) increase from the previous price. Model 3 Receives Acceleration Boost and Extended Range The long-range Model 3 now boasts a higher[…]

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Xiaomi Unveils YU7 Electric SUV, Taking Aim at Tesla Model Y

Xiaomi has officially announced the YU7 at its “Human x Car x Home” event in Beijing, marking the company’s second foray into the electric vehicle market after the SU7. The YU7 is a mid-size SUV designed to compete with the likes of the Tesla Model Y, BYD Sealion, and Porsche Macan. The YU7 will be offered in three variants – standard, Pro, and Max – and will be available in nine striking colours. Xiaomi aimed to create[…]

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