Bmw Announces £600m Package To Save Oxford Mini Plant
BMW will spend £600m to upgrade its factory in Oxford to electric production of the Mini, in a U-turn that will provide a further boost to the UK car industry. The plant will start production of the electric Mini Cooper…
China’s Zhejiang Builds Over 1 Million Ev Charging Piles
More than 1 million charging piles have been built in East China’s Zhejiang province to power up electric vehicles (EVs) that are increasingly popular in not only cities but also rural areas. According to State Grid’s Zhejiang subsidiary, by the…
Tesla Almost Doubles Ev Share In China As Sales Rebound
After passenger vehicle sales dropped in June and July, the Chinese auto market recovered in August with a return to growth. In the same month, Tesla almost doubled its market share in the country, amidst increased discounts and tax exemptions…
The Lotus Emeya Is A Super Speedy Ev Sedan Designed To Take On Porsche
Lotus revealed Thursday evening in New York City the Emeya, an all-electric four-door grand tourer that aims to compete with the likes of Porsche on speed, tech and luxury and help transform the Chinese-owned British automaker into a global performance…
New Electric-car Brand From China Has Sights On Australia
As sales of Chinese cars continue to set new records in Australia – they are now the third largest source of new motor vehicles behind Japan and Thailand, and ahead of South Korea where Hyundai and Kia cars are made – another challenger has…
Electric Vehicles Star At Munich Auto Show
The world’s leading automakers have gathered in Germany to show off the latest in the new era of electric vehicles. European producers have been seen as lagging behind, and they are trying to fend off growing competition from China. The…
Tesla, Chinese Brands Take Center Stage At Munich Car Show
Tesla and Chinese carmakers showed off their newest electric models at the Munich auto fair on Monday, throwing down the gauntlet to their European rivals as competition in the sector intensifies. The industry-wide shift towards electric vehicles (EVs) was on…
BMW Expects Higher China Sales In 2023, Finance Chief Says
BMW expects to sell more cars in China this year despite a local price war in the electric vehicle (EV) segment, and muted demand overall, the luxury carmaker’s chief financial officer (CFO) said at the IAA car show in Munich. …
CATL Launches New Battery That Can Charge An EV In 10 Minutes
Contemporary Amperex Technology Ltd (CATL), a Chinese lithium-ion battery manufacturer, has unveiled its latest innovation, Shenxing, a 4C lithium iron phosphate (LFP) battery capable of rapid charging. The term “4C” denotes the battery’s ability to be fully charged in just 15 minutes. The…
VW-backed Gotion Buys 25% Stake In Slovak EV Battery Startup InoBat
Chinese battery maker Gotion High Tech is buying a 25 percent stake in Slovak battery maker InoBat and will provide supply chain and technology support as the startup scales up production of electric vehicle batteries, the companies said. The companies did not…
