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Porsche is shutting down its electric bicycle subsidiary after nearly four years of operation. The move comes as the German automaker refocuses on its core business amid shifting market conditions.

May 09, 2026 Iniulat ng AI

The 2026 Beijing Auto Show drew 65,000 overseas visitors and highlighted China's surging vehicle exports. China shipped 2.226 million vehicles in the first quarter of 2026, a 56.7 percent increase from a year earlier. Industry figures say the country is now exporting an entire intelligent mobility ecosystem.

PT Mitra Pinasthika Mustika Tbk (MPMX) reported a net profit of Rp173 billion in Q1 2026, up 8% year-over-year despite a 4% decline in net revenue to Rp4.0 trillion. The company improved operational efficiency amid economic slowdown in the automotive sector. Group CFO Beatrice Kartika expressed optimism about sustained performance resilience.

April 30, 2026 Iniulat ng AI

Chinese consumer tech firm Dreame has revealed the Nebula Next 01 Jet Edition, an electric vehicle concept featuring solid-state rocket boosters for acceleration from 0 to 62 mph in 0.9 seconds. The unveiling took place on Monday at the Palace of Fine Arts in San Francisco. The concept builds on an earlier model shown at CES 2026.

Tesla has launched a promotion granting one year of free Supercharging to buyers of new Model 3 Premium and Performance vehicles in North America. The offer begins at delivery and comes with certain restrictions. It aims to provide added value amid ongoing incentives for electric vehicle adoption.

April 26, 2026 Iniulat ng AI

BYD has unveiled the Denza Z, an all-electric hypercar boasting more than 1,000 horsepower, at the Beijing Auto Show. The four-seater model accelerates from 0 to 60 mph in under two seconds and will launch in Europe first. It features advanced suspension and charging systems.