- WM Motor raises RMB3 billion in Baidu-led series C round financing
China-based EV startup WM Motor announced on March 8 a completion of a series C round financing that raised a total of RMB3 billion, which is expected to further elevate the company’s valuation.
Mar. 08 , 2019
- UK Hopes To Attract EV Battery Plant Investment
Uncertainty associated with Brexit, the decline of diesel car sales, which were over expectations in the UK and the retirement of some car manufacturers is highly affecting the British automotive busi...
Mar. 07 , 2019
- EV startup NIO to terminate plan for Shanghai manufacturing plant
China-based EV startups NIO announced its unaudited financial results for 2018, saying it posts an annual operating loss of RMB9.596 billion, 93.7% more than that of a year ago. Meanwhile, its full-ye...
Mar. 06 , 2019
- US Plug-In Electric Car Sales Charted: December 2018
About 1,000 plug-in electric cars were sold every day (on average)
Jan. 25 , 2019
- Toyota takes steps toward its electric-car future
A slide in a presentation at the 2018 Los Angeles Show piqued my interest. Electrify America's chief executive Giovanni Palazzo showed the list of new EVs expected in the next four years.
Jan. 24 , 2019
- Deloitte predicts strong growth of EV Market: oversupply in 10 Years
According to the latest from Deloitte research, sales of plug-in electric cars by 2030 will increase beyond 20 million per year.
Jan. 23 , 2019
- China’s EV startup XPENG Motors said to unveil second model at Auto Shanghai 2019
XPENG Motor's second model, positioned as a mid-sized BEV sedan that is to compete with the Tesla Model S in terms of intelligent level, is expected to make its debut at Shanghai International Automob...
Jan. 22 , 2019
- BYD Song MAX DM/EV versions to seat 6 or 7 passengers
Patent images of the BYD Song MAX’s DM (dual motor) version and EV version have been released in recent days. They will offer seating for either six or seven as same as the existing fuel-burning ver...
Jan. 22 , 2019
