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BYD Vs Tesla: The World’s Top EV Maker Enters Cyprus—And It’s Just The Beginning

by News Editor

April 15, 2025

The electric vehicle giant that dethroned Tesla in global sales is officially entering the Cypriot market. BYD—short for “Build Your Dreams”—has tapped Alpan Group, a subsidiary of Sfakianakis SA, as its exclusive distributor on the island, marking another step in its fast-paced global expansion.

A Strategic Partner With Local Muscle

Alpan Group is no stranger to scale. As the exclusive importer of Samsung smartphones and major appliance brands like Kenwood, DeLonghi, Braun, and Sage, the company already commands a significant share of the Cypriot tech retail space. Through its chain of nine Electroline stores, Alpan has built deep local infrastructure, while holding an impressive 45% of the island’s mobile market via Samsung.

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In late 2023, Alpan ventured into long-term vehicle leasing through its subsidiary Executive Lease—signaling early interest in the mobility sector. Since October 2024, Alpan has been a fully owned arm of Sfakianakis SA, one of Greece’s most powerful commercial groups, with operations spanning 14 countries in Southeastern and Central Europe and a 2024 turnover of €700 million.

Commenting on the BYD deal, the President and CEO of both Alpan and Sfakianakis noted their ambition to become a driving force in the region’s shift to electric mobility, promising to bring Cypriot drivers closer to smart, sustainable transport.

The Brand That Overtook Tesla

Founded in 1994 in Shenzhen by tech entrepreneur Wang Chuanfu, BYD started out as a battery manufacturer. Fast forward three decades, and it’s now a global EV heavyweight, producing electric and plug-in hybrid vehicles across six continents and selling in over 400 cities worldwide.

The numbers tell the story: BYD sold 4.27 million vehicles in 2024, a 29% jump year-over-year, with revenue hitting $107 billion—surpassing Tesla’s $97.7 billion. And the momentum isn’t slowing: BYD is projected to sell 5.5 million vehicles in 2025, with 800,000 destined for markets outside China.

Building Roots In Europe

To sidestep EU tariffs on Chinese-made vehicles—currently 27% for BYD imports—BYD is building its first European manufacturing facility in Hungary, set to open in 2025. A second factory is also under consideration, underscoring BYD’s long-term vision for the European market.

As Cyprus gets ready to welcome one of the world’s most advanced EV makers, the local landscape for electric mobility is about to change—and Alpan Group is placing itself in the driver’s seat.

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Nvidia Paves The Way For Orbital Data Centers In Space Computing Revolution

by THEFUTURE.TEAM

March 17, 2026

Nvidia introduced computing platforms designed for orbital data centers during its GTC 2026 conference. The systems are intended to support artificial intelligence workloads in space-based environments. CEO Jensen Huang said the development reflects a shift toward processing data closer to where it is generated, including in orbit

Redefining The Final Frontier Of Computing

During the keynote, Huang said satellite networks are expanding rapidly, increasing the need for computing infrastructure beyond Earth. He stated that AI systems may need to operate directly within space-based data environments. These developments are linked to the growth of satellite constellations and space-based data collection.

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Innovative Modules And Strategic Partnerships

Nvidia introduced the Vera Rubin Space-1 module, which combines IGX Thor and Jetson Orin processors adapted for space conditions. The hardware is designed to operate within constraints related to size, weight and power.

The company said it is working with partners including Axiom Space, Planet Labs and Starcloud on related initiatives.

Overcoming Engineering Challenges

Huang noted that cooling systems remain a key technical challenge in space environments. Heat dissipation differs from Earth-based systems, as cooling relies on radiation rather than convection. These constraints require adjustments in hardware design for orbital use.

Expanding The Scope Of AI And Data Centers

The initiative comes as energy consumption and operating costs increase for terrestrial data centers. Space-based systems could rely on solar energy, which remains more consistently available in orbit. Companies, including Google and SpaceX are also exploring concepts related to space-based infrastructure and AI systems.

Looking Ahead

As orbital data centers inch closer to reality, the integration of space computing into AI infrastructure represents a transformative leap for technology. Nvidia’s bold vision underscores an industry-wide shift, promising to expand the capabilities of digital infrastructure even beyond the confines of Earth.