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Category: Automotive
UK car industry on precipice after bungled shift to EV
Toyota is one of UK’s biggest car producers – but questions hang over its future here Close News 6 mins read 9 November 2022 Access to this content requires a subscription to Autocar Business The Knowledge. To subscribe, please see below and to login please click here ]]> Basic Register Access to additional free… Continue reading UK car industry on precipice after bungled shift to EV
Chinese brand Chery plans to enter UK market in 2026
Chery is planning to enter the UK market with a range of plug-in hybrid and electric models in 2026, according to the executive vice-president of the Chinese car maker’s export division, Charlie Zhang. In an interview with Australian media, Zhang said Chery’s recently announced return to the Australian market after a seven-year hiatus “springboards its… Continue reading Chinese brand Chery plans to enter UK market in 2026
2023 Audi Q8 E-tron facelift gets range boost and name change
Audi has unveiled face-lifted versions of the E-tron and E-tron Sportback, bringing a longer range and more efficient battery. The models will also carry the Q8 nameplate to position them as the brand’s new flagship SUVs. As well as technical upgrades to their drivetrains, the two electric-powered SUVs receive a series of subtle exterior and… Continue reading 2023 Audi Q8 E-tron facelift gets range boost and name change
Opinion: Exciting new brand Aehra needs to show off its viability
It seems every week a new electric SUV is being launched with an eye-watering price tag. Recent entrants to the rarified high-rider sphere include the £100,000-plus BMW iX, the range-topping £120,000 Lotus Eletre R and the £143,000 Mercedes-Benz EQS SUV. New Italian-American outfit Aehra’s first venture surpasses the lot, tipping at just over £155,000; the firm targeting… Continue reading Opinion: Exciting new brand Aehra needs to show off its viability
Aehra SUV is £155k BMW iX rival with 794bhp, 497-mile range
Italian-US start-up Aehra is looking to shake up the “ultra-premium” market with its supercar-styled 497-mile electric SUV, which looks to take on the BMW iX and Mercedes-Benz EQS SUV. Priced from €180,000 (£155,430) Aehra’s SUV will use a 3m-long monobody chassis that houses a 120kWh battery – currently no other car houses bigger – powering three motors, one… Continue reading Aehra SUV is £155k BMW iX rival with 794bhp, 497-mile range
New electric Porsche Boxster caught testing for the first time
New spy shots claiming to show the electric successor to the wildly successful Porsche 718 Boxster have surfaced, giving a first look at Stuttgart’s highly anticipated third EV model line. The next-generation Porsche 718 Cayman and 718 Boxster are set to adopt a bespoke electric sports car platform designed to mimic the current combustion cars’ mid-engined… Continue reading New electric Porsche Boxster caught testing for the first time
The Qianxun Pagoda, an example of 9th-century pagodas in China
BEIJING, Nov. 7, 2022 /PRNewswire/ — A news report from chinadaily.com.cn The Qianxun Pagoda stands at the center of the three pagodas in front of the Chongsheng Temple in Dali Bai autonomous prefecture, Yunnan province. The xun is an ancient Chinese unit of length; each xun roughly equals 2.67 meters. The Qianxun, literally meaning one thousand… Continue reading The Qianxun Pagoda, an example of 9th-century pagodas in China
BRI Ventures secures first close of Kiqani fund, and final close of Sembrani at over $25m
BRI Ventures (BVI), the corporate venture capital arm of the Indonesian state-owned lender Bank Rakyat Indonesia (BRI), has secured the first close of its Sembrani Kiqani fund in June 2022. It also plans to fully close the vehicle by end-2022, BVI’s founding CEO Nicko Widjaja told DealStreetAsia. The size of the final close is expected… Continue reading BRI Ventures secures first close of Kiqani fund, and final close of Sembrani at over $25m
Indian PE firm Motilal Oswal Alternates in talks to top up in VVDN Technologies
India-focused fund manager Motilal Oswal Alternates, which is already an investor in Gurugram-based product engineering firm VVDN Technologies, is in talks to pump additional capital into the company, multiple sources familiar with the matter told DealStreetAsia. Negotiations are gaining pace as the company looks to raise funding in the range of $125-150 million, the sources… Continue reading Indian PE firm Motilal Oswal Alternates in talks to top up in VVDN Technologies