RECENT HEADLINES MARCH 22ND
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NVIDIA GTC Highlights: Hyper, BYD, and more power up with advanced Thor chips
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Today, at the NVIDIA GTC 2024 conference, NVIDIA and  GAC Aion’s Hyper brand announced a collaborative effort to mass-produce Level 4 autonomous vehicles. Their partnership spans high-performance computing, intelligent driving technologies, and deep learning. Hyper's upcoming L4 autonomous car, equipped with NVIDIA DRIVE Thor chips, boasts an impressive computing capability of up to 2,000 TOPS (tera operations per second) and 2,000 TFLOPS (tera floating-point operations per second). The vehicle is set to become the first of its kind to reach mass production, with a target date set for 2025.

BMW unveils vision Neue Klasse X concept: A glimpse into the future of electric SUVs, sets stage for new X3
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Recently, images of BMW's latest Vision Neue Klasse X concept car were revealed, hinting at the future design direction for the brand's electric vehicles. This concept serves as the foundation for the upcoming generation of the X3 pure electric model. Slated for debut in the first quarter of 2025, the new vehicle is expected to hit the market by the first half of the year at the earliest. Additionally, a new generation of the domestically produced X3 pure electric model is set to launch next year. This move positions BMW in direct competition with other electric SUVs in the market, including the Mercedes-Benz EQC, Audi Q6 e-tron, Tesla Model Y, and the Nio ES6, signaling BMW's ambition to expand its footprint in the electric vehicle sector.
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U.S. electric vehicle sales growth slows as automakers look to increase production of hybrid models
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Reuters has reported a significant trend in the U.S. automotive market: sales of gasoline-electric hybrids are surging, while the demand for pure electric vehicles has seen a slowdown. This shift has led automakers and parts suppliers to anticipate a sustained demand for vehicles that bridge the gap between traditional internal combustion engines and fully electric models. In response to this growing consumer interest, industry players are ramping up the production capacity of both gasoline-electric hybrids and plug-in hybrids specifically for the U.S. market, indicating a strategic adjustment to meet the evolving preferences of American drivers.
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Audi to introduce entry-level electric car, possible A2 or Q2, in 2027 
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Audi recently revealed plans to introduce a new entry-level electric vehicle (EV) in 2027, which will slot below the Audi Q4 e-tron. Anticipated to be called the Audi A2 or Q2, this upcoming EV highlights Audi's commitment to expanding its electric lineup. The company is yet to finalize the platform for this vehicle, indicating a strategic consideration in crafting a car that balances innovation with Audi's legacy of performance and design.
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NIO hits 200 power swap station milestone in Yangtze river delta
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NIO recently announced the completion of 200 power swap stations within the Yangtze River Delta's high-speed power swap network, boasting a swift 3-minute power exchange capability. This expansion brings power swap accessibility to a total of 92 cities across Jiangsu, Zhejiang, Shanghai, and Anhui. As of March 20, NIO's nationwide infrastructure includes 2,391 battery swap stations, with 786 designated for high-speed exchanges, alongside 3,732 charging stations, 21,692 individual charging piles, and over 1,000,000 tripartite piles, significantly enhancing the electric vehicle (EV) charging and swapping landscape.
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Porsche's upcoming electric supercar promises sub-2 second 0-100 km/h sprint 
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A series of  images revealing Porsche's upcoming electric supercar have recently surfaced. This new vehicle draws inspiration from the Mission X concept car, which was introduced in 2023, with expectations for the production model to be officially unveiled by the end of this year. Moreover, the supercar will be developed using a 900V architecture, boasting an impressive maximum output of 1,700 horsepower. This powerhouse is anticipated to achieve 0-100 km/h acceleration in possibly under 2 seconds, setting a new benchmark for electric supercars.
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