Tag: china

Xpeng launches deliveries of the P7 sedan

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The Chinese electric car startup Xpeng Motors has started deliveries of its second production model in China. The Xpeng P7 electric sedan will be offered at prices starting at 229,900 yuan (around 29,950 euros) after subsidies. The P7, which is being promoted with a NEDC range of 706 kilometers, will roll off the production line […]

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ID.4 look leaked from China

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Chinese media have unveiled first pictures of the unveiled serial version of the VW ID.4. The source of the pictures seems to be very serious: the Chinese Ministry of Industry and Information Technology (MIIT). In China it is common practice for car manufacturers to submit drawings and uncensored photos of their upcoming models to the […]

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Evergrande to buy up the rest of NEVS

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The Chinese Evergrande Group has announced its intention to take over National Electric Vehicle Sweden (NEVS) completely. The acquisition of the remaining shares is to be completed by autumn. Evergrande had acquired a 51 per cent stake in NEVS in January 2019 and had increased their stake to 82.4 percent in November 2019. Now Evergrande […]

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Mini rumoured to be going cobalt-free

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According to a British media report, Mini is planning the first electric model as a five-door SUV as part of the Spotlight Automotive joint venture. There is also speculation about the cell supplier and a larger SUV for the USA. The British magazine Autocar learned details from insiders about the first electric model of the […]

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Tesla stocks rise past 1,000 USD mark

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Tesla shares broke through the USD 1,000 mark for the first time on Wednesday. At over 180 billion dollars, this exceeded Toyota’s market capitalisation for the first time. This means that Tesla is currently trading on the stock exchange as the most valuable car manufacturer in the world. The price rally of the US-American company […]

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Tesla loses top manager while Corona hits Freemont

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Robin Ren has left Tesla now vacating the position of Vice President of Business Development. More locally, Tesla’s Freemont plant reportedly has 6 Covid-19 cases and workers complaining of unsafe conditions. Meanwhile, in Germany, Tesla presented the required amended application documents for the construction of the Gigafactory in Grünheide, near Berlin. Although no official or […]

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China’s EV market is recovering slowly

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In China, exactly 55,829 battery electric cars and 14,370 plug-in hybrids from local production were sold in May. The sales figures for so-called New Energy Vehicles were thus 25.8 per cent lower than in the same month last year, but 19.5 per cent higher than in April 2020. This is according to statistical data from […]

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BMW completes homogolation for the iX3

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BMW has given a new interim result for the market launch of the iX3. The test procedures required for homologation were successfully completed and the results sent to the approval authorities in the most important automobile markets. Meanwhile, the 200th pre-series model rolled off the production line in Shenyang. According to BMW, preparations for the […]

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