The new BMW M5 Touring is a high-performance vehicle that combines dynamic driving capabilities with versatile interior space. This third current BMW M car to feature an M HYBRID drive system boasts a high-revving V8 engine boosted by an electric motor, generating a maximum output of 727 hp and 1,000 Nm of torque. The M5 Touring offers an exceptional driving experience with everyday usability, long-distance capability, and the ability to drive in electric mode in…
In its unaudited results for the second quarter, Xiaomi reported that it's losing $9,200 per car with its electric vehicles, despite achieving a higher-than-expected gross profit margin of 15.4%. The Chinese tech giant, known for its smartphones, ventured into the electric vehicle market with its first car, the Speed Ultra 7, which received an overwhelming response with almost 90,000 preorders within a day of launch. Xiaomi intends to scale up its EV arm to narrow…
Introduction: In recent news, BMW has outsold Tesla in the European electric car market for the first time ever. The German automaker delivered 14,869 new electric vehicles (EVs) in Europe last month, edging out Tesla by 308 vehicles. This milestone marks a significant moment in the electric vehicle industry and highlights BMW's growing presence in the market. Despite a slight overall decline in EV sales in Europe, BMW's success highlights the increasing popularity of electric…
Introduction: Lucid's CEO Peter Rawlinson is confident that the future of the automotive industry lies in electric vehicles. In a recent interview at the 2024 Monterey Car Week in California, Rawlinson expressed his belief that hybrids are not the way forward, despite recent shifts in the industry. With the rising popularity of electric vehicles, Rawlinson and his team at Lucid Motors are leading the charge in innovation and efficiency. Shifting Trends Towards Electric Vehicles Rawlinson's…
MG Motor Middle East has launched the all-new MG4 Electric, a state-of-the-art electric model that aims to redefine the Electric Vehicle (EV) ownership experience in the Middle East. With a starting price of USD 26,150, the MG4 Electric offers innovative technology, impressive performance, striking design, and affordability to customers in the region. The Middle East will see three variants of the MG4 Electric— COM, LUX, and XPOWER, providing flexibility to meet diverse customer preferences. The…
Infiniti to Discontinue Q50 Sedan in 2024: What's Next for the Brand In a recent announcement by Infinity, it was revealed that the Q50 sedan will no longer be available in the United States and Canada after the 2024 model year. This decision is part of the automaker's plan to introduce four new products to its lineup, beginning with the all-new 2025 QX80. The Q50, which was introduced as a replacement for the G37, has…
Lucid Motors CEO Peter Rawlinson is excited about the upcoming release of the Gravity SUV, which he believes has the potential to significantly increase the company's sales. With a target of 90,000 units per year at the Arizona plant, Rawlinson sees the Gravity as a key part of scaling up the business. Despite facing competition from Tesla, Rawlinson is confident in Lucid's technological advantages in batteries, software, and powertrain. However, the company is not yet…
Introduction: Qatar Automobiles Company, a leading automotive dealership in the region, has received three prestigious awards from Mitsubishi Motors for their outstanding achievements in 2023. The company has been recognized for their excellence in sales, customer service, and overall performance, solidifying their position as a top player in the industry. This article will delve into the specific awards received by Qatar Automobiles Company and explore the key factors that have contributed to their success. Award…
As of September 4th, Volvo will be unveiling an updated version of its popular three-row XC90 hybrid model. This refreshed version is expected to be an improvement on the current XC90 plug-in hybrid, which has been on the market since 2015. Despite Volvo's commitment to selling only electric vehicles starting in 2030, there is still demand for plug-in hybrids in the market, prompting the automaker to continue offering updated versions of existing models like the…
The BMW 5 Series is a midsize luxury sedan that underwent a complete redesign for the 2024 model year. The 2025 model year brings new higher-performance plug-in hybrid options, including the 550e and the M5 PHEV. While the 5 Series may not be as sporty as the Audi A6 or as luxurious as the Mercedes-Benz E-Class, it offers a comfortable middle ground for luxury sedan enthusiasts. The Pros of the BMW 5 Series include its…