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BYD unveiled a new hybrid powertrain capable of traveling more than 2,000km (1,250 miles) without recharging or refuelling, intensifying the EV transition competition with the likes of Toyota Motor and Volkswagen.
A powertrain is an assembly of every component that thrusts a car into motion. The upgraded tech, which aims to put more distance between BYD and its rivals, will be launched in two sedans immediately that cost under 100,000 yuan (S$19,000), the automaker said at an event live-streamed on May 28 from China. The longer range means some of BYD’s dual-mode plug-in electric hybrid cars can cover the equivalent of Singapore to Bangkok, New York to Miami, or Munich to Madrid on each charge and a full tank of gas. The milestone marks BYD’s latest achievement in slashing fuel consumption since introducing its first hybrids in 2008. Shenzhen-based BYD has upended China’s auto market with widespread price cuts – at some expense to its own profitability – and the positioning of the long-range hybrids may further stoke the price war. The company sold three million cars in 2023 and has delivered almost one million in 2024 through April. One of every two hybrids sold in China is a BYD, underlining the extent to which they are a key revenue and profit driver for the manufacturer. Automakers globally are trying to ease consumers’ range anxiety while offering vehicles that are better for the environment. The Blog Tags Widget will appear here on the published site.
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A 35-year-old Chinese national has been arrested in Singapore for creating and operating malware, which resulted in a network of zombie computers that allowed cyber criminals to steal billions of dollars.
Wang Yunhe was arrested on May 24 in a multi-jurisdiction operation led by the United States Department of Justice (DOJ). The Singapore Police Force (SPF) was among law enforcement agencies that took part in the international probe. In a statement on May 29, the DOJ said Wang had allegedly worked with others between 2014 and July 2022 to create and disseminate the 911 S5 Botnet to millions of home-based Windows computers across the world. Mr Kevin Reed, chief information security officer at cyber-security firm Acronis, said the “bots” in this case refer to the computer being controlled by the malware. A botnet refers to a network of such computers. Principal Deputy Assistant Attorney-General Nicole Argentieri, head of the DOJ’s Criminal Division, said Wang allegedly created malware that compromised millions of residential computers around the world and then sold access to the infected computers to cyber criminals. “These criminals used the hijacked computers to conceal their identities and commit a host of crimes, from fraud to cyber stalking,” she added. The Blog Tags Widget will appear here on the published site.
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