Apple's car-making project failed, directly benefiting BYD Company Limited? It is rumored that they have been secretly collaborating for six years, developing long-range electric vehicle batteries.

According to the media, ten years ago, BYD Company Limited engineers showed Apple executives an early version of blade batteries, planting the seeds of cooperation, and the cooperative research and development laid the foundation for BYD's current vehicle battery technology; Apple does not own any technology currently used in blade batteries; Before cooperating with BYD, Apple had invested millions of dollars in battery pack design and engineering.

wallstreetcn19:19 ET

Avita secures a 10 billion financing.

Sprint for IPO.

wallstreetcnOct 12 05:20 ET

tesla Cybercab "crashes" xpeng Robotaxi industry insiders: Domestic car companies have advantages after FSD enters China.

① "The current operating cost of Cybercab is $1 per mile, which is expected to decrease to $0.2 per mile in the future. Musk stated that the total cost of Cybercab will be less than $0.03 million." ② Musk did not mention Cybercab's entry plan into China this time, but the industry has long considered it as one of the most powerful competitors in the future domestic Robotaxi market.

cls.cnOct 11 02:22 ET

guangzhou automobile group plans to invest over 0.7 billion in Xiaoma Zhihang and Chenzhi technology. Which direction will traditional car companies' Robotaxi road lead to?

①On the evening of October 10, Guangzhou Automobile Group announced its intention to invest over 0.7 billion yuan in Xiao Ma Zhi Xing and Chen Zhi Technology, two new forces in intelligent driving; ②Guangzhou Automobile Group is collaborating with technology giants, startups, and traditional auto companies to develop intelligent driving business, but still needs to address the bottleneck issues of vehicle architecture and intelligent driving algorithm level.

cls.cnOct 11 01:13 ET

Hurricane Milton poses a direct threat: electric cars become a source of fire risk.

Florida officials warn that electric cars flooded by floods carry the risk of causing fires, 'because once these batteries catch fire, they cannot be extinguished.' The state fire department confirmed that Hurricane Helene, which hit earlier, caused 48 lithium-ion battery fires, 11 of which were related to electric cars.

wallstreetcnOct 10 15:18 ET

Toyota's director general warns: Transitioning to pure electric vehicles will lead to a large number of Japanese people losing their jobs.

1. Akio Toyoda said that if electric vehicles simply become the only option, including for our suppliers, those people will lose their jobs; 2. Akio Toyoda pointed out that the market share of pure electric vehicles will reach a maximum of 30%, with the rest being occupied by hybrid vehicles, hydrogen fuel cell vehicles, and rbob gasoline vehicles.

cls.cnOct 10 07:27 ET