Magna & BAIC To Cooperate On EV Production
Magna and BAIC have officially signed a framework agreement with the Government of Zhenjiang (Chinese city) for the production of electric vehicles. The joint venture, led by BJEV, BAIC’s electric car subsidiary, is Magna’s first investment in a complete vehicle…
Seat’s Cupra Teases High-Performance EV
Seat’s Cupra performance brand will preview its first full-electric car with a concept to be unveiled at the Frankfurt auto show in September. Cupra’s teaser image of the concept shows a coupe-like SUV with five doors. In a news release…
Tesla To Be More Competitive In Europe With Upcoming Car Tax Policy Update
Tesla’s Model 3 push in Europe could see a notable boost, thanks to a potential policy update that would abolish import duties on American cars entering the region. The potential update was related by German Economy Minister Peter Altmaier to…