All posts by Francis Mitterrand

BYD sent a ship with 5,000 EVs to Europe

In March 2024, Chinese carmaker BYD ordered seven new transport ships to meet the goals and the increasing demand for electric cars in Europe. The first of the new ships (BYD Changzhou) set sail from the port of Yantai in late November with 5,000 new EVs.

The 200-meter-long ship, with a capacity of 7,000 vehicles, headed for the ports of Bristol (UK) and Rotterdam (Netherlands) with vehicles produced in several plants. It was built to high international standards and uses a dual-fuel LNG drive, which reduces carbon emissions during the journey.

These seven ships will help BYD to transport its cars around the world faster. Currently, Chinese companies own fewer than 50 car cargo ships, and their combined capacity is less than 150,000 vehicles. In comparison, Japanese companies have ships that can transport 1.6 million vehicles.

“Having our own ships helps us better control our exports. We can now deliver our environmentally friendly vehicles to customers around the world in an even more efficient manner,” the company said.

Since the beginning of the year, Chinese manufacturers have exported 5.28 million vehicles, up 25 percent from 2023. BYD currently operates in 99 countries and regions around the world, and plans to acquire more ships to enhance its global supply of quality and environmentally friendly vehicles.

Source: BYD

GM stopped funding Cruise robotaxis

After a series of accidents, the American self-driving car company Cruise, which became a subsidiary of General Motors, has suspended operations at the end of 2023. In May, it returned its vehicles to public roads, but now the company’s survival is in question, as GM has suspended financing.

Since taking over Cruise in 2016, GM has invested almost $10 billion in the company and now intends to reach agreements with shareholders and increase its stake from 90 to 97 percent. The company has also decided to end funding for robotaxis at a time when Waymo, backed by Alphabet, is expanding to more cities, and Tesla plans to start its robotaxis business in 2026.

General Motors’ primary goal is autonomous vehicles for personal use, and keeping the robotaxis project alive is financially unsustainable due to the enormous costs. In 2023, Cruise lost $3.48 billion, which could lead to large-scale layoffs.

“Given the time and cost required to scale up a robotaxi business in an increasingly competitive market, joining forces seems more efficient,” said Mary Barra, CEO of General Motors.

Source: Reuters; Photo: EPA-EFE

2026 Aston Martin Valhalla

It’s been five years since Aston Martin revealed the prototype of its new two-seater super sports car, the Valhalla, and now the production version is finally here. It’s a limited edition car that will be built in 999 units.

The car was created in cooperation with the Red Bull Formula 1 team, and the active aerodynamics of the carbon body, with which it is possible to change the level of grip in turns, will be very useful on the track. It is equipped with carbon-ceramic brakes, active suspension that is part of the IVC (Integrated Vehicle Dynamics Control) system, and 20 and 21-inch wheels wrapped in Michelin Pilot Sport Cup 2 tires. The cockpit features racing carbon seats and an F1-style multifunction steering wheel, as well as many carbon details.

When it comes to the powertrain, it was initially said that the car would be powered by a hybrid option with a V6 engine, but that is not going to happen. It will be powered by a 4.0-liter V8 biturbo engine supported by three electric motors with a total output of 1,078 hp (793 kW), of which more than 820 hp comes from the V8 engine. It accelerates to 100 km/h (62 mph) in 2.5 seconds with a top speed of 349 km/h (217 mph).

Production of the Aston Martin Valhalla will start in Q2 2025, and the company has not yet released a price.

Source: Aston Martin

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