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Chinese automaker BYD has reported a significant milestone in its electric vehicle (EV) sales, with a record-breaking 3,024,417 new energy vehicles sold in 2023. This figure represents a remarkable year-on-year increase of 62.3%, surpassing the previous year’s sales record of 1,863,494 vehicles.

The impressive growth in sales is attributed to BYD’s commitment to new energy vehicle production, with 3,045,231 units manufactured in 2023—a 62.2% increase compared to the previous year. The commercial vehicle segment played a crucial role, recording sales of 11,511 units, including electric buses, trucks, and other vehicles, experiencing a notable uptick of 88.2%.

In the passenger car business, BYD’s sales reached 3,012,906 units, marking a year-on-year increase of 62.2%. Notably, the sales of pure electric models surged, totalling 1,574,822 units with a robust year-on-year growth of 72.8%. Battery electric vehicles (BEVs) accounted for 52.3% of total passenger car sales, reflecting increasing consumer preference for electric mobility.

 

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Koenigsegg has just delivered a jaw-dropping Jesko ‘Attack’ to a lucky owner, featuring an exterior entirely clad in glossy exposed carbon fibre with exquisite 24-karat gold leaf accents. Limited to just 125 units worldwide, the Jesko replaces the renowned Agera and has quickly become a coveted hypercar.

Taking inspiration from the iconic Agera RS named ‘Phoenix,’ owned by real estate mogul Manny Khoshbin, this Jesko boasts clear-coated exposed carbon fibre body panels adorned with delicate gold specks. The opulent use of 24-karat gold leaf is evident in various exterior elements, including front canards, wing mirror arms, a central front fascia element, side skirt aerodynamic flics, rear wing endplates, Koenigsegg badges, and roof accents.

This specific Jesko is the ‘Attack’ variant, emphasising track-focused performance with aggressive aerodynamics to enhance downforce. Notable features include an imposing rear wing, an enhanced front splitter, and a distinctive diffuser. Koenigsegg offers an alternative ‘Absolut’ version tailored for high-speed performance, omitting the rear wing and potentially reaching speeds exceeding 480km/h.

Under the Jesko’s hood lies a formidable 5.0-litre twin-turbocharged V8 engine, generating 1,280hp on petrol or an astounding 1,600hp on E85 fuel. The powertrain is seamlessly paired with Koenigsegg’s innovative 9-speed multi-clutch transmission, delivering exhilarating performance to the rear wheels.

Limited production, combined with the exquisite gold-accented carbon fibre exterior, makes this Jesko a true collector’s item, embodying Koenigsegg’s commitment to exclusivity and cutting-edge automotive engineering.

In a rare instance where a virtual car rendering transforms into a tangible reality, the Datsun 240Z has undergone an extraordinary metamorphosis into an actual vehicle, and the results are nothing short of spectacular.

The concept originated in the mind of Ash Thorp, renowned for designing the Batmobile featured in The Batman movie (2022). Collaborating with Carlos Pecino from Make Haste Corp, the matte black Datsun emerged as the fruit of their partnership, marking their inaugural joint project.

Several design elements set this transformed Datsun apart. Notably, the side cameras, serving as mirrors, are ingeniously concealed within dedicated housings in front of the doors. The rear of the car boasts an immensely oversized diffuser, complemented by carbon fibre wheel caps adorning BBS multi-spoke alloys. The overall styling draws inspiration from the Batmobile, evident in the sharp side skirts.

Under the hood, the original 2.4-litre inline-six engine has made way for a Tesla-derived fully electric powertrain. Power is supplied by a Model S electric motor situated on the rear axle, providing the revamped Datsun with an impressive 401hp, nearly three times the output of the original 240Z. Despite a slight increase in weight to around 1133kg, the car maintains agility.

Inside the car, only a few components hail from the original 240Z, with a custom layout featuring three central dials, a steering column sourced from the Chevy Equinox, a digital instrument cluster, and a substantial centre console.

This real-life manifestation of a virtual concept showcases the boundary-pushing creativity and collaboration within the automotive design realm, bringing an imaginative vision to the streets.

In a significant collaborative effort, twelve leading companies from the automotive, electrical component, and semiconductor sectors joined hands to establish the “Advanced SoC Research for Automotive” (ASRA) on December 1st. The primary goal of ASRA is to conduct research and development for high-performance digital semiconductors, specifically System on Chip (SoC), intended for use in automobiles.

Participating Companies:

  • Automotive Manufacturers: Honda Motor Co., Ltd., Mazda Motor Corporation, Nissan Motor Corporation, SUBARU Corporation, Toyota Motor Corporation
  • Electrical Component Manufacturers: Denso Corporation, Panasonic Automotive Systems Co., Ltd.
  • Semiconductor Companies: Cadence Design Systems, Japan, MIRISE Technologies Corporation, Renesas Electronics Corporation, Socionext Inc., Synopsys Japan

Given that modern automobiles utilise approximately 1,000 semiconductors, with varied applications, SoCs are particularly crucial for autonomous driving technology and multimedia systems. These applications demand cutting-edge semiconductor technology to achieve advanced computing power.

ASRA, with a focus on achieving high levels of safety and reliability required for automotive applications, will be spearheaded by automakers. The collaboration aims to leverage the combined technological and experiential knowledge of electrical components and semiconductor companies. The consortium plans to explore chiplet technology for SoCs, combining different semiconductor types.

Advantages of Chiplet Technology Include:

  1. Higher performance and multifunctionality
  2. Higher yield chips
  3. Timely commercialisation of SoCs tailored to end-user (automotive companies) requirements

 

ASRA has set ambitious goals, aiming to establish in-vehicle chiplet technology by 2028 and intends to install SoCs in mass-produced vehicles from 2030 onward. By capitalising on Japan’s technological capabilities and extensive experience in automotive, electrical components, and semiconductors, ASRA plans to collaborate with industry, government, and academia to position itself as a world-leading technology research group.

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Chinese tech giant Xiaomi has officially stepped into the electric vehicle (EV) market with the launch of its highly anticipated SU7 sedan. It is positioned as a high-performance electric vehicle, boasting features that could potentially challenge competitors like Tesla and Porsche.

The SU7, short for “Speed Ultra 7,” is available in two variants: a standard rear-wheel-drive model and a Max version equipped with dual-motor all-wheel drive. Xiaomi claims that the vehicle offers acceleration speeds surpassing those of rival EVs. Let’s delve into the key specifications of each version:

Standard Version:

  • Acceleration (0-100km/h): 5.28 seconds
  • Top Speed: 210km/h
  • Horsepower: 200ps
  • Torque: 400Nm
  • Recharge Range: 668km

Max Version:

  • Acceleration (0-100km/h): 2.78 seconds
  • Top Speed: 265km/h
  • Horsepower: 673ps
  • Torque: 838Nm
  • Recharge Range: 800km

One standout feature of the SU7 is its massive CATL battery, utilising Xiaomi’s proprietary Cell-To-Body (CTB) technology. The battery is integrated into the floor of the car, providing structural rigidity and optimising interior cabin space.

The company claims to have developed advanced technology, including fast-charging capabilities, to mitigate the impact of extreme cold weather on the battery, ensuring sustained performance.

The Xiaomi SU7 is expected to be available for purchase in early 2024, primarily in the Chinese market. The car will be offered in three distinctive colors: Aqua Blue, Mineral Gray, and Verdant Green. Despite the comprehensive unveiling, Xiaomi has not disclosed specific pricing details or detailed plans for international distribution at this time.

The introduction of the SU7 marks Xiaomi’s entry into the highly competitive electric vehicle landscape, joining the ranks of tech companies venturing into the future of sustainable transportation. As EV adoption continues to grow globally, Xiaomi aims to carve its niche with a high-performance and technologically advanced offering.

Aito, a joint venture between Huawei and Seres in China, has introduced its flagship SUV, the Aito M9. The large six-seater SUV features modern styling, advanced technology, and entertainment options, showcasing Huawei’s influence.

The M9 includes adaptive matrix LED headlights with projectors for cinema experiences both inside and outside the vehicle. Inside, the dashboard houses a 12.3-inch digital instrument cluster, a 15.6-inch central infotainment screen, and a 16-inch front passenger screen, all running on Huawei’s HarmonyOS 4 system. The SUV also features a laser projector and retractable 32-inch panel for rear passengers, providing entertainment options.

The Aito M9’s interior offers a unique configuration, with seats that are electrically operated, providing 14-way adjustment, heating, and ventilating functions. The SUV includes safety features with 27 sensors and the latest Huawei ADS 2.0 system.

Aito offers two powertrain options for the M9: a fully electric version with dual electric motors, 523hp, and a 97.7 kWh battery pack, providing a claimed range of 630km. The range-extender version combines a turbocharged 1.5-litre engine/generator with dual electric motors and a 42 kWh or 52 kWh battery, offering 490hp a combined range between 1,362-1,402 km.

The Aito M9 is positioned above the existing M5 and M7 SUVs, competing with similarly sized models in the Chinese market, including Li Auto L9, Nio ES8, HiPhi X, and others. The SUV is available for order in China, with deliveries expected in early 2024, priced between 469,800 yuan (RM303,737) and 569,800 yuan (RM368,389).

Daihatsu Motor, a unit of Toyota Motor, is expected to incur losses exceeding 100 billion yen (around RM3.2 billion) due to the safety test scandal that recently surfaced. The estimate includes potential costs from a factory shutdown, compensation to suppliers, and additional expenses related to investigations and safety tests. Daihatsu has temporarily halted production in Japan, and although shipments in Indonesia and Malaysia have resumed, the company faces challenges in negotiating compensation with suppliers and supporting affected dealerships. If the scandal’s impact leads to consolidated losses, it would mark Daihatsu’s first such losses in 30 years.

2022 Daihatsu Rocky HYBRID

Japan accounted for about 60% of Daihatsu’s 1.42 million vehicles manufactured in the last fiscal year, playing a crucial role in Toyota’s strategy for minicars in Japan and compacts in emerging markets. Although Daihatsu contributes approximately 3% to Toyota’s total operating profit, a hit of over 100 billion yen could impact Toyota’s earnings. The scandal adds uncertainty to Toyota’s group governance, and Daihatsu may face further penalties, including the revocation of production certifications.

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Tesla’s Gigafactory in Shanghai is reportedly gearing up to produce the 2024 refresh of the Model Y, with mass production expected to commence by mid-2024. The new units are set to be manufactured in the upcoming phase of Gigafactory Shanghai, with production temporarily halted for upgrades during the New Year period. Notably, the 2024 Model Y is anticipated to feature substantial changes compared to the October 2023 update, encompassing noticeable alterations to both the exterior and interior. Tesla aims to introduce a fresh wheel design complemented by ambient lighting.

This move aligns with Tesla’s strategy to stay competitive in China’s rapidly evolving electric vehicle market, where rivals such as BYD and Xpeng plan to unveil multiple new models across different segments in 2024. November 2023 witnessed a 40% surge in new energy vehicle sales in China, encompassing pure electric cars and hybrids, according to China’s Passenger Car Association. Despite the intensifying competition, Tesla’s demand in both China and the United States appears robust, with minor price adjustments made leading up to Christmas, suggesting sustained demand.

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Ferrari Atelier unveils a limited edition of the 296 GTB Assetto Fiorano, paying tribute to Scuderia Ferrari’s 2004 Hungarian Grand Prix victory with the F2004. Limited to just five units, this special edition features a striking livery combining the metallic Rosso F1 shade with Bianco King White accents.

The design includes the iconic number 1 on the bonnet, reminiscent of Ferrari’s dominance in Formula 1 during that era.

Built on the 296 GTB platform with the Assetto Fiorano package, the special edition maintains the electrified powertrain’s formidable performance. The mid-mounted twin-turbo 2.9-litre V6, combined with an electric motor, delivers an impressive 819hp and 740Nm of torque.

Additional features include carbon fibre elements, Multimatic shock absorbers, optional carbon fibre wheels with Michelin Pilot Sport Cup 2 R tires, and distinctive interior details like embroidered headrests depicting the Hungaroring track and the Hungarian flag.

This limited-edition Ferrari serves as a nostalgic celebration of the brand’s historic achievements in Formula 1, offering an exclusive and visually stunning tribute to the F2004’s triumph.

Ferrari has maintained its tradition of exclusivity, limiting the production to just five units. The Italian automaker confirmed that all five of these special editions have been sold to customers in Hungary but did not reveal the pricing.

A spokesperson for the Thai government announced recently that major Japanese automakers are set to invest a total of 150 billion baht ($4.34 billion or over RM20 billion) in Thailand over the next five years, bolstering the country’s shift towards electric vehicle (EV) production.

Toyota Motor and Honda Motor are each contributing around 50 billion baht, while Isuzu Motors is investing 30 billion baht, and Mitsubishi Motors is committing 20 billion baht. This investment encompasses the manufacturing of electric pickup trucks.

During a recent trip to Japan by Thailand’s Prime Minister Srettha Thavisin, agreements with these Japanese automakers were solidified. Although Japanese manufacturers have long dominated Thailand’s automotive sector, the rise of Chinese EV makers has introduced new dynamics, with notable investments being made in recent times.

The spokesperson, Chai Wacharoke, highlighted that the Japanese automakers’ investment aligns with the Thai government’s strategy to transition from traditional combustion engine vehicles to electric alternatives.

Despite requests for comment by Reuters, Toyota, Honda, Isuzu, and Mitsubishi had not responded at the time of reporting.

Thailand, Southeast Asia’s second-largest economy, currently holds the position of the region’s leading car producer and exporter. The government aims to convert approximately one-third of its annual vehicle production, totaling 2.5 million units, into electric vehicles by 2030. To facilitate this transition, Thailand is introducing incentives, including tax cuts and subsidies, to attract more investment in EV manufacturing.

This move by Japanese automakers comes at a time when Chinese car manufacturers, such as BYD and Great Wall Motor, have already committed to substantial investments of $1.44 billion in new production facilities in Thailand, attracted by the favorable business environment.

In a noteworthy development, Prime Minister Srettha recently showcased industrial estates in Thailand to executives from the U.S. electric vehicle giant Tesla, signaling the country’s eagerness to attract further investments in the burgeoning EV sector.

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