EV
Faraday Future Signs New Joint Venture Agreement With the9 Limited
Faraday Future Signs New Joint Venture Agreement With the9 Limited

Faraday Future announced on Mar. 24 that it has signed a joint venture agreement with The9 Limited to form a joint venture (the “JV”) to manufacture, market, distribute, and sell luxury intelligent electric vehicles in China.

Mar. 25 , 2019
Volvo Underestimated Plug-In Hybrid Demand: Will Triple Production
Volvo Underestimated Plug-In Hybrid Demand: Will Triple Production

Volvo CEO Hakan Samuelsson admitted that the company hugely underestimated demand for its plug-in hybrid cars and now is hard at work to increase the production capacity.

Mar. 22 , 2019
Tesla raises price on most models, while not as high as planned
Tesla raises price on most models, while not as high as planned

Tesla once again adjusted prices on the Model 3, Model S and Model X after it said on March 10 that it will raise vehicle prices by about 3% on average worldwide as it plans to keep more retail stores open, some media outlet reported on March 21.

Mar. 22 , 2019
China to boost application of methanol-fueled cars
China to boost application of methanol-fueled cars

China issued a guideline on March 19 to promote the application of methanol-fueled cars, diversify automobile fuels and ensure energy safety.

Mar. 20 , 2019
XPENG Motors to unveil second model code-named E28 at Auto Shanghai 2019
XPENG Motors to unveil second model code-named E28 at Auto Shanghai 2019

EV startup XPENG Motors is going to unveil its second model code-named E28 at the Auto Shanghai 2019 next month, He Xiaopeng, chairman and CEO of the startup revealed on his Sina Weibo microblog.

Mar. 19 , 2019