EV investments in ASEAN: Indonesia as the potential gateway

Indonesia's EV-friendly policies are attracting global investors and could also boost investments in Southeast Asia's automotive industry. With abundant resources like copper, nickel, cobalt, and bauxite, Indonesia aims to become a key global supply chain hub for electric vehicles. The country has banned exports of certain metals and minerals to draw investors in need of these materials.

Boost car sales with cutting-edge data, connectivity, and analysis.

Autofinity's ViHUB platform is helping retailers sell more cars by providing complete oversight of group stock and pooling all vehicle data in one place. This enables accurate and detailed content to be fed to online marketing channels, ensuring pricing and specification consistency and better matching vehicles to the right buyers. ViHUB acts as a powerful stock inventory tool and feeds data to various websites, increasing conversion rates and reducing days in stock.

Tesla Autopilot Head Supports Neural Networks Over LiDAR for Optimus and EVs

Tesla Autopilot Head, Ashok Elluswamy, emphasizes the effectiveness of neural networks and cameras in Tesla's humanoid bot Optimus, stating it is the "solution" for robotics. CEO Elon Musk also supports this approach and mentions upcoming improvements in Optimus' actuators and sensors. Tesla plans to have the first Optimus bot with Tesla-designed actuators ready by November. Musk has confidence that these bots will be performing useful tasks in Tesla factories by next year.

Tesla's humanoid robot demonstrates block sorting and yoga abilities

Tesla has developed a humanoid robot called Optimus that can autonomously sort objects and perform yoga poses. Its neural network is trained to analyze video input and generate control commands. The company is inviting developers to join in improving Optimus, including its yoga routine.

Rock damages BMW windscreen on PIE

A rock randomly fell on a BMW car along PIE, breaking the windscreen. The incident was captured on dashcam and shared with Mothership. The origin of the rock is unknown. The windscreen shattered and glass shards were found all over the vehicle. The driver was unharmed, but the cost of replacing the windscreen is estimated to be over S$300.

Car parks offer potential for 4.3GW grid flexibility

UK Power Networks has been testing a scheme called 'Park and Flex' that utilizes electric vehicle (EV) chargers with bidirectional charging capabilities. This means that EVs plugged into these chargers can not only be topped up but also contribute energy stored in their batteries back to the grid during peak demand. Early research suggests that more than 1.3 million homes could be powered using EV batteries in long-stay car parks, providing a potential 4.3GW of flexible electricity demand.

Post-Brexit EV tariffs causing UK price rises

The European Automobile Manufacturers Association is urging the European Commission to prevent new taxes that could increase the price of electric cars exported and imported between the UK and EU. If the request is not complied with, a 10% tariff will be imposed on electric vehicle exports to the UK from January 2024, potentially costing manufacturers 4.3 billion Euros over three years and reducing EV production by nearly half a million vehicles.

Nissan's 2030 electric transition in Britain unaffected by Sunak net zero delay

Nissan plans to become all-electric in Britain by 2030, despite the UK government's delay in implementing a ban on the sale of new petrol and diesel cars until 2035. Nissan's CEO, Makoto Uchida, stated that the company is committed to the initial deadline set by the prime minister and believes there is no turning back. The government's decision to delay the ban has faced criticism from environmentalists, businesses, and some Tory MPs.

Brexit trade barriers impact Mini Cooper Electric car pricing

Brexit trade barriers could increase the cost of electric cars in the UK by up to £3,000, as new tariffs and rules slow manufacturing. Car manufacturers are calling for urgent renegotiation of the trade deal before January, when new "rules of origin" come into force, potentially adding 10% to the cost of new cars and threatening the automotive industry. The European Automobile Manufacturers Association warns that the strict interpretation of the Brexit deal could cost the EU €4.

Land Rover's Upcoming Upgrades for Classic Defenders

Land Rover Classic is developing authentic and approved parts for the classic Defender, aiming to support the enduring nameplate and keep these timeless vehicles on the road longer. The company has partnered with leading accessory manufacturers to ensure the parts meet high-quality standards.

2024 Tesla Model 3 Performance Upgrade

An updated Performance version of the 2024 Tesla Model 3 electric car has been revealed in government documents, suggesting it will have more power than the previous model. The new variant is distinguished by a 'T' in its vehicle identification number and is expected to have changes to its electric motors. Unverified reports suggest it may adopt a new rear electric motor. The updated Model 3 Performance was absent from the initial model line-up unveiled earlier this month.

Car-workers' strike threatens America's industrial boom

The surge in EV and battery factories in America is contributing to an industrial boom, with $210 billion of investments announced by late 2022. Factors like financial incentives, the desire to outcompete China, and reshoring after supply chain disruptions during the pandemic are driving this manufacturing renaissance. However, the current strike by car-workers against Detroit's big three carmakers, Chrysler, Ford, and General Motors, is a point of contention.

Nissan's Online Gaming-Inspired EV City Car: Concept 20-23

Nissan has unveiled the Concept 20-23, a futuristic all-electric hot hatch that celebrates the 20th anniversary of the company's design studio in London. Inspired by the upcoming all-electric Micra, the concept features oversized circular lighting, aerodynamic elements, and extreme details. It has two doors instead of four, allowing for unique rear air intakes and a detachable rear wing. While currently a design concept, it showcases Nissan's vision for the ultimate urban car of the future.

EV investments in ASEAN

Indonesia's EV-friendly policies have attracted global investors and could boost investments in Southeast Asia's automotive industry. The country's rich resources of materials like nickel make it an attractive hub for EV manufacturing. Indonesia has banned exports of certain metals and minerals to draw in investors and manufacturers.

Boost car sales with enhanced data, connectivity, and understanding

Autofinity's ViHUB platform offers a single inventory management solution for franchised retailers to better manage and sell used cars. By integrating with data providers and OEMs, ViHUB provides accurate and detailed content that can be fed to various online marketing channels. This ensures pricing and specification consistency, improves vehicle matching, and reduces time spent in stock.

Tesla Autopilot Head's Support for Neural Networks Over LiDAR

Tesla's Director of Autopilot software, Ashok Elluswamy, emphasized that neural networks and cameras are the solution for Tesla's humanoid bot Optimus and all robotics, stating that LiDAR and other technologies will be proven unnecessary in the coming years. CEO Elon Musk agreed, mentioning upcoming improvements in Optimus' actuators, sensors, and mechanics.

XPeng Motors Valued at Over $8.4 Billion Files for U.S. IPO, the Company is Backed by Alibaba and Xiaomi

As existing shareholders continue to increase investments in EVs and related technologies, new participants are optimistic about China's growing electric vehicle market. As a result, electric vehicle startup XPeng Motors has strong financial backing and stamina for future development. The company has cash reserves of 8.2 billion yuan (US$1.19 billion), and is ramping up its investment in R&D.