The Chinese electric car startup WM Motor has been able to generate nearly 400 million euros in a financing round led by Baidu. Other investors in the new round are Linear Venture and the Taihang Industrial Fund.
The fresh capital should flow primarily into research and development. Among other things, Weimar Motors and Baidu are preparing a common research center for the development of autonomous driving solutions.
In the spring of 2018, the company started selling the Electric-SUV in China. Three battery variants are available for ranges of 300, 400 or 460 kilometers.
The Chinese electric scooter manufacturer Niu continues to grow. Niu plans to expand further and mentions a partnership with Volkswagen. The share price also responds positively to the development of the Chinese manufacturer. Thus, the Niu… Continue reading
Shortly before the end of last year, it became known that Tesla would have to recall electric cars on a large scale. The Tesla Model S large sedan and the Tesla Model 3 medium-sized sedan are affected. So far… Continue reading
The Chinese company BYD has presented the K12A, an electric bus with a total length of 27 meters, which ensures that it is the "longest electric bus in the world". The K12A is the world's first 27-m pure… Continue reading
They have lasted a short time. XPeng opened reservations for the P5 electric car for European customers in March. But everyone is going to have to wait. The Chinese manufacturer does not believe it can meet the expected delivery dates of the… Continue reading
