Shares of China Evergrande EV unit plunge 23% after executive director is detained

A sign on the exterior of the China Evergrande New Energy Vehicle Group Ltd. research headquarters in Shanghai, China, on Friday, Sept. 24, 2021. Bloomberg | Bloomberg | Getty Images Shares of the electric vehicle manufacturing arm of property developer China Evergrande plunged 23% on Monday after the unit revealed its vice chairman had been… Continue reading Shares of China Evergrande EV unit plunge 23% after executive director is detained

A compact crossover is coming for America’s pickup trucks. Here are the top-selling cars of 2023

2023 Ford Super Duty F-350 Limited Ford DETROIT – America maintained its love affair with pickup trucks in 2023 — but a top-selling vehicle from Toyota Motor nearly ruined their tailgate party. Sales of the Toyota RAV4 compact crossover came within 10,000 units of Stellantis‘ Ram pickup truck last year, a near-No. 3 ranking that… Continue reading A compact crossover is coming for America’s pickup trucks. Here are the top-selling cars of 2023

China’s Xpeng claims its latest EV model could be an industry ‘game changer’

watch now Chinese electric vehicle company Xpeng told CNBC on Friday that its newly launched X9 model could be a “game changer” for the industry. Xpeng launched the X9 large 7-seater EV on Jan. 1, a car built on its SEPA2.0 architecture for the Chinese market. The X9 series are priced between 359,800 yuan to 419,800 yuan… Continue reading China’s Xpeng claims its latest EV model could be an industry ‘game changer’

Best used executive cars 2024

If you want to enjoy the daily commute, impress your colleagues in the car park and even have enough space for the family, you needn’t spend a fortune. Opting for one of our best used executive cars on sale will see you bag a modern, stylish car that’ll also provide plenty of performance and comfort,… Continue reading Best used executive cars 2024

BMW Munich plant to cease ICE car production in 2027

The BMW plant in Munich will produce only electric cars from 2027, following a €650 million (£560m) investment to expand and upgrade the 102-year-old site. The German firm has confirmed that it will produce the first of its radical new Neue Klasse EVs – a saloon that will serve as the next-generation 3 Series – in Munich from 2026.… Continue reading BMW Munich plant to cease ICE car production in 2027

BYD reveals new 1000bhp-plus BMW i5 M60 rival

BYD’s new upmarket Yangwang brand has revealed its third production car: a 1000bhp-plus luxury saloon aimed at performance variants of the BMW i5 and Mercedes-Benz EQE. Set to go on sale in China during the second half of 2024, the new four-door is based on BYD’s e4 platform – the same structure that underpins the Yangwang U8… Continue reading BYD reveals new 1000bhp-plus BMW i5 M60 rival

Volkswagen: ChatGPT voice assistant is “more than a gimmick”

The updated Volkswagen Golf, to be revealed in a matter of days, is equipped with a ChatGPT voice assistant that can be used to control various vehicle functions and provide information and entertainment.  To be rolled out across the Volkswagen line-up, the new system is designed to be more “conversational” and “natural” than the current in-house… Continue reading Volkswagen: ChatGPT voice assistant is “more than a gimmick”

Power List 100 Podcast: The top designers and engineers (ep.4)

Welcome to episode four of the all-new, five-part Autocar Business Power List 100 Podcast, produced in partnership with automotive experience platform Keyloop. The annual Power List 100 details all the achievements of the major movers and shakers in the automotive industry, ranking the top 100 most influential people based on the following criteria: global reach… Continue reading Power List 100 Podcast: The top designers and engineers (ep.4)

2024 CES show report: all the latest cars revealed

BMW and Mercedes-Benz had a presence at CES, too, the latter adding increasingly more features to its infotainment software and the former largely the same with the added development of some augmented-reality glasses that you can wear while driving to see things like navigation commands projected into your field of vision ahead. It’s clever stuff, yet… Continue reading 2024 CES show report: all the latest cars revealed

EV logistics-tech startup EVIFY raises $1.3 million in pre-Series A funding

EVIFY, a Surat-based electric vehicle logistics startup, has announced that it has raised $1.3 million in funding in a Pre-Series A round led by venture capital firms GVFL and Piper Serica Angel Fund.   Existing investors We Founder Circle and IVY Growth, along with a few angel investors, also participated in the round.  Founded in… Continue reading EV logistics-tech startup EVIFY raises $1.3 million in pre-Series A funding