Chinese electric vehicle maker Xpeng Motors revealed an exclusive inside view into its self-built wholly-owned factory in Zhaoqing, Guangdong Province. The Zhaoqing Xpeng Motors Intelligent Industrial Park, birthplace of the super-long range sports…
Tag: china
NIO delivered record 3,436 EVs in May
Chinese electric vehicle maker NIO provided its May 2020 delivery results. NIO delivered 3,436 vehicles in May 2020, representing a strong 215.5% growth year over year. The deliveries consisted of 2,685 ES6s, the Company’s 5-seater high-performance pre…
Tesla Model 3 remains global EV leader despite huge drop in sales
Tesla keeps title of global leader in electric vehicle sales in April, despite 75% drop from March due to the Coronavirus pandemic.
The post Tesla Model 3 remains global EV leader despite huge drop in sales appeared first on The Driven.
Geely brand Geometry reveals second model for July
After Geely presented its electric car brand Geometry and its first model Geometry A last year, the brand’s second model, the Geometry C, will be launched on the Chinese market in July. Geometry A was launched in April 2019 and is a sedan. With Geometry C, however, the brand has chosen an almost classic compact […]
The post Geely brand Geometry reveals second model for July appeared first on electrive.com.
News: CA/China EV Sales Tell Tesla Story
Two recent electric vehicle sales reports tell a similar tale—the Tesla Model 3 is dominating the market worldwide and in its home market of California, and other models and manufacturers have a lot of catching up to make it a competitive situation.
Volkswagen injects $3.5 billion into China electric car projects
German automotive giant Volkswagen Group announces plans to invest around €2.1 billion into Chinese operations described as “the next chapter for its business in China.”
The post Volkswagen injects $3.5 billion into China electric car projects appeared…
Renault to strike 15,000 jobs
After alliance partner Nissan, Renault has also presented its restructuring program. The savings plan provides for the elimination of two billion euros in fixed costs. Among other things, savings will be made in personnel. The plan sounds simple at first: Efficiency is to be increased by simplifying processes, reducing the variety of components and adjusting […]
The post Renault to strike 15,000 jobs appeared first on electrive.com.
VW to take over majority stake in JAC JV
Volkswagen has officially confirmed its plan to increase its stake in JAC Volkswagen, its joint venture for electric mobility, and to invest around one billion euros in this. The Wolfsburg-based company will invest another billion in a Chinese battery specialist. With this amount, the Wolfsburgers cover two campaigns at once. Firstly, they are increasing their […]
The post VW to take over majority stake in JAC JV appeared first on electrive.com.
Volkswagen invests €2 billion into China’s electric-car industry
Today, Volkswagen has initiated the next chapter for its business in China. Volkswagen plans to increase its share in JAC Volkswagen, its joint venture for e-mobility. Around €1 billion is to be invested. This amount includes the acquisition of 50 perc…
Tesla reduces prices – especially of Model X
Tesla has just lowered the prices of its models, in some cases considerably, depending on country and model range. All Tesla models are affected by the price cuts with the exception of the new Model Y. In the USA, the Model 3 will also be around 2,000 dollars cheaper. In Europe, with the example of […]
The post Tesla reduces prices – especially of Model X appeared first on electrive.com.
