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Showing posts from November, 2024

The Solid-State Revolution: Japanese Automakers Race to Master Solid-State Battery Technology

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Some of Japan’s largest automakers are pushing for mass production of solid-state electric vehicle batteries from 2025 onwards. — Solid-state batteries are expected to increase the range of electric vehicles and reduce charging time. Solid-state batteries will use a solid electrolyte instead of a liquid one to store and release energy. This type of battery is expected to increase the range of electric vehicles and reduce charging time, making electric vehicles more popular. Honda Motor has invested nearly $280 million in building a pilot plant for solid-state battery production north of Tokyo, Japan. The goal is to confirm mass production processes. Honda Motor plans to inaugurate the plant in January next year. Honda hopes that this new type of battery will reduce costs and double the range of electric vehicles. The company plans to start mass production from 2025. Toyota Motor is also building a solid-state battery pilot production line. The company aims to install this type o...

The BYD Shark is Coming: Thailand Launches, Vietnam Next

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BYD Shark 6, a Hybrid Pickup Truck, Makes Its Debut in Thailand The BYD Shark 6 is the company’s first-ever pickup truck, built on BYD’s DMO platform – a super hybrid off-road platform. With dimensions of 5,457 mm in length, 1,971 mm in width, and 1,925 mm in height, the Shark 6 is slightly larger than the Toyota Hilux, with a wheelbase that’s 175 mm longer. The BYD Shark 6 boasts a design reminiscent of the Ford F-150 Lightning and Ford Ranger. Its front end features a bold LED headlight design with a large grille and a prominent BYD logo in the center. The sides of the truck have a muscular look with wheel arches, large mirrors, and wide door sills. The rear of the vehicle is simpler in design, featuring taillights with a central LED strip. A black stripe on the C-pillar, connecting the side windows, adds a touch of personality and sportiness to the truck’s profile. Inside, the BYD Shark 6 impresses with a massive 15.6-inch central touchscreen that can rotate vertically, ...

The Ultimate Koenigsegg CCX – Now Unveiled and Headed to Haiphong

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The recent news about Vietnam’s one-of-a-kind million-dollar hypercar, the Koenigsegg CCX, finally getting its license plate after four long years has sparked excitement among the online community. This rare beauty now bears the registration of Haiphong City. Car enthusiasts have been buzzing about the latest sighting of the Koenigsegg CCX in Haiphong. After nearly two years of maintenance, registration, and inspection processes in Ho Chi Minh City, the hypercar has made its way back to the coastal city. The Koenigsegg CCX, now with its new license plate, has officially been transported back to Haiphong The Koenigsegg CCX has found its home in the garage of a low-key businessman in Haiphong, alongside an impressive collection of over ten supercars, sports cars, and luxury SUVs. Despite selling off some of his vehicles, the addition of this hypercar makes his collection one of the few in the country to feature a road-legal hypercar, complete with all the necessary taxes paid. The...

The Power of Solar: Mercedes-Benz Unveils Revolutionary Solar Paint to Charge Electric Cars

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Mercedes-Benz has recently announced the successful development of a solar-absorbing exterior paint specifically for electric vehicles, with the ability to capture solar energy and feed it back into the battery. Since 2022, the German automaker has been testing this solar paint technology on its Vision EQXX concept car. Initially, the company experimented with a 1.8-square-meter solar paint area on the EQXX’s roof and hood. Encouraged by the positive results, Mercedes-Benz’s research and development (R&D) engineers decided to coat the entire vehicle with this new paint, yielding impressive outcomes. As a result, the test vehicles will be painted with two layers of paint on their entire body. The outer layer is a nano-paint coating that allows 94% of solar energy to reach the photovoltaic coating underneath. The inner layer is a solar paint . This photovoltaic material is in a paste form and is applied to the body panels with a thickness of just 5 micrometers, thinner than a ...

The Parking Lot Queen: How One Woman Turned a $1.5 Million Investment into a $3 Million Windfall

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A dispute over parking spaces in a Chinese apartment complex has recently sparked a wave of controversy on social media. A few years ago, after thorough research, Ms. Duong (China) decided to purchase an apartment in a new complex. While preparing the necessary paperwork for her new home, she stumbled upon a unique business opportunity. At that time, the transportation infrastructure around her apartment building was still underdeveloped, and residents could easily park their cars for free on the street. This led to most residents being reluctant to spend money on purchasing a parking space in the basement from the developer, even though the price was reasonable, ranging from 50,000 to 60,000 CNY (175 to 210 million VND). However, as the complex neared completion and more residents moved in, the need for parking spaces became crucial. Seizing the opportunity, Ms. Duong negotiated with the developer to buy the remaining vacant parking spaces with the intention of reselling them a...

KTM, a prominent manufacturer of large-displacement motorcycles, is teetering on the edge of financial ruin.

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Renowned motorcycle manufacturer KTM teeters on the brink of bankruptcy due to mounting debts. KTM has not disclosed detailed information, only sharing that filing for bankruptcy protection will enable them to adapt to markets and maintain their leading position in the motorcycle industry. KTM’s parent company, Pierer Mobility AG, stated that KTM requires significant funding, which the parent company is unable to provide. Hence, KTM has filed for bankruptcy protection, buying them time to negotiate with creditors. Earlier in mid-November, Pierer Mobility AG announced that KTM might halt production at its Mattighofen plant (Austria) for two months to reduce inventory. The temporary closure of the Austrian plant will impact approximately 1,000 employees. Prior to this, the motorcycle manufacturer had laid off around 300 people after reducing their working hours. The global economic crisis has taken a toll on Europe’s economy. KTM is not alone in this struggle, as numerous othe...

The End of the Road for Nissan? Japanese Automaker in Dire Financial Straits, Needs Investor Bailout to Survive Beyond 12-14 Months

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Nissan is facing a financial crisis, with only 12-14 months of survival without a new investor, according to Financial Times . The Japanese automotive giant is seeking a stable, long-term investor such as a bank or an insurance company to replace Renault, as the latter sells its Nissan shares. This development comes at a critical time for Nissan, which recently formed a new electric vehicle partnership with Honda in March. Nissan is in a financial crisis and can only survive for 12-14 months without a new investor. Nissan has been in a fragile state since its brush with bankruptcy in 1999. Now, with Renault selling its shares, Nissan is in urgent need of a new investor to stabilize its finances. A senior figure close to Nissan revealed that the company has “12 or 14 months to exist,” highlighting the severity of the situation. Nissan has accelerated discussions with its domestic rival in the electric vehicle and software-driven vehicle (SDV) space to counter intense competition f...

“Unveiling the Ultimate Automotive Experience: Hoàng Kim Khánh’s Exclusive Ferrari Purchase at Universo Ferrari, Thailand.”

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The Universo Ferrari event this year was held for the first time in an ASEAN country, Thailand, with Bangkok chosen as the venue for the Italian brand to showcase its creativity to its customers. The event featured the debut of the blockbuster Ferrari F80 in Asia, along with several other special Ferrari models, including limited editions, racing cars, and new launches. “ In addition to the Ferrari F80, priced at $3.9 million before taxes (approximately 92.7 billion VND), with only 799 units produced worldwide, there were many other cars that ignited my heart, and my wife and I will probably get one for ourselves ,” said Hoang Kim Khanh, a prominent Vietnamese businessman, sharing his experience attending the unique Universo Ferrari event. Attending the Universo Ferrari event in Thailand, Hoang Kim Khanh hinted at buying a special car Although he did not disclose the model, it is likely to be the SUV Purosangue or another supercar from the 12Cilindri series, which is highly...