With high tension we follow the development of the first fully electric vehicle under the new product and technology brand EQ. In mid-2019 the time has now come: The EQC is the first Mercedes-Benz vehicle to be launched under the EQ brand. With its seamless, clear design and colour highlights typical of the brand, it… Continue reading @Daimler: EQC.
Tag: Electric vehicles
Tesla’s Cybertruck looks weird because otherwise it would break the machines that make it
In comments on twitter, Tesla CEO Elon Musk shared some more information about Tesla’s recently-revealed Cybertruck and some of the reasons for its controversial design. The Cybertruck was unveiled on Thursday to…mixed reviews. The design is certainly polarizing, and a lot of people are not a fan of how different it looks (this author included). There’s… Continue reading Tesla’s Cybertruck looks weird because otherwise it would break the machines that make it
U.S. Volkswagen e-Golf Sales Are Now Higher Than Ever
Volkswagen e-Golf finds more buyers than ever before, despite fundamentally being unchanged. There was a time in 2018 when it seemed that Volkswagen e-Golf sales in the U.S. would gradually decrease to the point of no return (to be finally replaced by some new MEB-based EVs). However, as we can see on the chart below,… Continue reading U.S. Volkswagen e-Golf Sales Are Now Higher Than Ever
Audi launches new BS VI-compliant A6 in Karnataka
BENGALURU: German automobile giant Audi on Saturday launched its first Bharat Stage VI-norm compliant car – the eighth generation A6 sedan – in Karnataka. “With the launch of the new Audi A6, we are presenting the eighth generation of the successful full size sedan that brings numerous innovations to the segment,” Audi India head Balbir… Continue reading Audi launches new BS VI-compliant A6 in Karnataka
Geely Files $293M Lawsuit Against Chinese EV Start-Up WM Motor
Chinese automotive company Geely has sued four companies affiliated with WM Motor, a Shanghai-based electric vehicle maker backed by Baidu, for “infringement of trade secrets,” and demanded as much as RMB2.1 billion (US$293.43 million) for compensation. The lawsuit, which was filed last year, is set to hold a hearing on September 17, 2019, according to… Continue reading Geely Files $293M Lawsuit Against Chinese EV Start-Up WM Motor
Xpeng Brings In Xiaomi As Strategic Investor In $400M Series C Round
Xpeng Motors showcased the P7, its first four-door coupe model with Level 3-ready autonomous driving capabilities at Alibaba Cloud’s APSARA Computing Conference in Hangzhou in September 2019. (Image credit: Xpeng Motors) This article by Chris Udemans originally appeared on TechNode, the leading English authority on technology in China. Xpeng Motors has brought onboard smartphone maker… Continue reading Xpeng Brings In Xiaomi As Strategic Investor In $400M Series C Round
Chinese EV Maker NIO Begins New Round of Layoffs Amid Struggling Sales
Chinese electric vehicle start-up NIO is starting another round of layoff as its car sales have plummeted. Due to challenges of car quality, recalls, and dwindling sales, NIO will lay off 1,200 staff by the end of September. After that, its total number of employees will be around 7,500, Li Bin, founder, chairman and CEO… Continue reading Chinese EV Maker NIO Begins New Round of Layoffs Amid Struggling Sales
Embattled Electric Carmaker Faraday Future Hails New CEO From BMW’s i8 Team
Faraday Future (FF), an embattled electric car start-up based in California, announced on late Tuesday the appointment of Carsten Breitfeld as Global CEO, while Jia Yueting, FF’s founder, will step down from the CEO position to assume the role of chief product & user officer (CPUO). Breitfeld, an auto industry veteran specialized in electric mobility,… Continue reading Embattled Electric Carmaker Faraday Future Hails New CEO From BMW’s i8 Team
Chinese EV Start-Up Byton To Close $500M In Series C Round Against Headwinds
Chinese electric vehicle start-up Byton showed off the final production version of its SUV model, “M-Byte SUV,” at the 2019 Frankfurt Motor Show on September 10, 2019. Chinese all-electric vehicle brand Byton is raising a series C round of financing at US$500 million from Chinese state-owned automotive manufacturer FAW Group and government-led industry investment funds… Continue reading Chinese EV Start-Up Byton To Close $500M In Series C Round Against Headwinds
Chinese EV Start-Up Leap Motor Enters Unicorn Club After $51M Fresh Funds
Chinese electric vehicle (EV) start-up Leap Motor announced last week that it has raised RMB360 million (US$51.85 million) in a series A-2 round of financing from the country’s new energy-focused investment firm Jinhua Zhongche Fund. Jinhua Zhongche Fund picked up 5.06% shares in the electric vehicle firm upon the completion of the new round, which… Continue reading Chinese EV Start-Up Leap Motor Enters Unicorn Club After $51M Fresh Funds