Author: Central Desk
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The Saudi Arabian Ministry of Investment announced a $5.6 billion partnership with H, in a move to advance the development, manufacturing, and sales of electric vehicles in the Kingdom. The significant deal was unveiled at the 10th Arab-China Business Conference in Riyadh on Sunday. In a colossal stride towards diversification, the agreement forms over half of the $10 billion plus investments pledged on the first day of the business conference. The range of investment sectors included technology, renewable energy, agriculture, real estate, metals, tourism, and healthcare. The venture signals a key shift in the relations between Saudi Arabia, the world’s…
Electric car batteries are powerful but can be hazardous. However, they are tested thoroughly for safety. Even though they can get very hot and potentially catch fire, safety features like cooling systems and firewalls make them safe to use. Electric cars are becoming more popular because they’re better for the environment. But people often wonder, are the batteries dangerous? To understand this, we need to look at how these batteries work and the safety steps taken by those who make them. Before they’re used, electric car batteries go through tough safety tests, including crash tests and fire tests. The design…
Seeking to infuse new life into the UK’s automotive industry, China’s notable automaker, Chery Motors, is initiating preliminary discussions with UK representatives. This move could pave the way for potential manufacturing in Britain, offering a substantial boost to the UK’s auto sector which is currently facing considerable challenges. Chery has ambitious plans to start selling cars in the UK next year and is now contemplating the idea of local production. Notably, Chery already has a successful partnership with British auto heavyweights, Land Rover and Jaguar, in China. Several opportunities for investment in UK manufacturing are being explored. These include teaming…
As we embrace the smart world, digital car keys are becoming a standard feature for many vehicles. These keys, which can be stored on your smartphone or other handheld devices, employ Bluetooth technology to connect with your car, effectively unlocking doors and starting engines without a traditional key. However, this modern convenience has been blindsided by a significant security issue. Researchers have unveiled a surprising finding – a small, budget-friendly device, costing less than $50, can exploit these digital car keys, posing a real threat to vehicle safety. Dr. Eva Gilmore, a cybersecurity expert at Stanford University, explains how this…
India’s Highly reputed automotive powerhouse, Mahindra, is gearing up to redefine the global electric vehicle (EV) landscape with its innovative BE.05 SUV. Initially unveiled at the Mahindra EV Fashion Festival in Hyderabad, India, on February 10, 2023, this sleek five-seater compact SUV-coupe is slated for its grand launch in the first quarter of 2025. The BE.05 is a pivotal facet of Mahindra’s audacious Born Electric (BE) series, featuring alongside models like the BE.07 and BE.09. With a tentative launch window of June 2026, this model could be priced between INR 16 lakh ($19,500) to 20 lakh ($24,500), ex-showroom, based on…
Mercedes-Benz, has made a significant breakthrough in the autonomous vehicle arena by obtaining approval from the California Department of Motor Vehicles (DMV) to sell Mercedes ‘Level 3′ autonomous vehicles in the state. This pivotal decision marks the first time a car with an advanced driver assistance system (ADAS) that doesn’t mandate constant driver engagement has been approved for sale in America’s largest automotive market. Dubbed “DRIVE PILOT,” Mercedes’ Level 3 autonomous system represents a departure from Level 2 systems like Tesla’s Autopilot. In a DRIVE PILOT equipped vehicle, drivers can legally disengage both hands and eyes from the driving process…
Elon Musk, the quintessentially unconventional CEO of Tesla, recently engaged in exploratory discussions with the Mongolian government. The topic of conversation centered around Tesla’s potential expansion into Mongolia, leveraging the nation’s abundant copper and rare earth mineral resources. This move is part of Musk’s strategy to solidify his position as a global visionary and leader. Despite a history of unpredictable ventures, this new endeavor has managed to surprise both supporters and critics. The Mongolian government has confirmed these digital discussions. Mongolian Prime Minister Luvsannamsrai Oyun-Erdene described the talk as a productive and insightful discussion on Twitter on June 7. He…
Chinese start-up Greater Bay Technology, a branch of the state-owned Guangzhou Automobile Group (GAC), has reportedly developed a battery technology that solves a key issue plaguing electric vehicles (EVs) – the loss of range in cold weather conditions. This breakthrough represents a massive stride towards enhancing the efficiency and adaptability of electric vehicles worldwide. The Phoenix battery, developed by the firm, is a sophisticated blend of superconducting materials and expert thermal management systems. It is capable of heating from temperatures as low as -4 degrees Fahrenheit to a comfortable 77F within a span of five minutes. This revelation was made…
Chinese tech behemoth, Xiaomi, disclosed significant top-level executive changes ahead of its anticipated mass production of electric vehicles (EVs). With the inaugural EV launch earmarked for the first half of 2024, the strategic appointments and executive changes reflect the company’s image in the increasingly competitive EV sector. Huang Zhenyu, formerly Vice President of Xiaomi’s automotive department, has embraced an expanded role as General Manager of the supply chain department within the same division. Zhenyu, who will now report directly to Lei Jun, the CEO of Xiaomi’s automotive department, is a valuable addition from the auto parts industry, having served as…
Following its success in mobile devices, the tech giant is venturing beyond the familiar terrain into the automotive sector, Internet of Things (IoT), and hybrid AI. The company’s Southeast Asia, Australia, and New Zealand President, ST Liew, asserts that Qualcomm seeks to enable “intelligent computing everywhere beyond smartphones and mobile devices.” According to Qualcomm, the future of AI must be hybrid, dividing AI workloads between cloud and devices rather than relying on cloud processing alone. Hybrid AI could help generative AI developers and service providers capitalize on the computing capabilities in edge devices, which promises to reduce costs significantly. “Hybrid…