Magna expanding electric car production to China

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Austria-based Magna is en route to make it big in China as the supplier is preparing the launch of two joint ventures with BAIC. Together they want to develop new energy vehicles and Magna stands ready to take over an existing BAIC facility that builds 180,000 EV a year. Automotive supplier Magna International with head […]

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Chinese electric-car startup Byton reveals its second concept: a Level 4 self-driving sedan

Just months after debuting its first concept vehicle, Chinese electric-car startup Byton on Tuesday took the wraps off a second model that it says previews a production-intent self-driving electric sedan with a lightweight, aerodynamic body. The Byton …

GAC planning to introduce 4 EVs by 2020

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The Chinese vehicle manufacturer Guangzhou Auto is planning to introduce four new fully electric vehicles on the local market by 2020. The first will be an electric Crossover to launch this year. The electric crossover is an upgraded variant of the GE3, which is called the GE3 530. It features a 500 km range, compared […]

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Byton reveals electric premium sedan K-Byte

Just before the CES Asia in Shanghai, Byton has decided to pull back the curtain on their newest concept: The fully electric premium sedan K-Byte. They also announced the name for their e-SUV; It will be called the M-Byte. While Byton’s SUV concept represents a prototype close to serial production, the K-Byte follows a more […]

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Byton secures investment from CATL, closes with $500M

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Electric car startup Byton has closed its latest round of financing. It collected half a billion dollars from investors. the latest bing CATL that joins the likes of China’s FAW. Byton, led by former BMWi manager Carsten Breitfeld, is about to present their second concept. It has been round B of financing for Byton and […]

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Tesla board to remain, China factory to come (video)

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Today’s Tesla shareholder meeting has been a success for Elon Musk. Shareholders support him as both CEO and Chairman and also his closest (in every sense) board members. Moreover, plans for production in China are moving ahead. The Tesla shareholders once more put their trust in Elon Musk as their leader following a vote of […]

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