BMW Group is in advanced negotiations with Great Wall Motor to create a new joint venture in China for the local production of MINI electric vehicles for this market, following the model agreement that BMW maintains with Brilliance. The BMW Group has signed a 'letter of intent' with the Chinese manufacturer for the local production of MINI electric cars in the largest market in the world.
The Mini Electric concept car was launched last year, and first car prototypes have since been spotted testing. The production model is announced for 2019.
In 2017, around 560,000 BMW cars were delivered in China. The China market absorbed around 35,000 MINI units. The expansion of the BMW brand in China has not led to a decrease in production at its German plants. Between 2007 and 2017, production in Germany increased by almost 25%, which means 1.15 million cars each year.
Chinese electric car start-up Youxia Motors has raised nearly $ 800 million in a new round of financing. It's the first notable news from this company that introduced a Tesla Model S clone called Youxia X in mid-2015… Continue reading
The Canadian manufacturer Lion Electric, which was previously known for its electric school buses, is expanding its range of electric utility vehicles with the launch of its first electric truck called Lion8 - a Class 8 vehicle… Continue reading
Hyundai Motor has introduced its first electrically powered double-decker bus. From when and in which countries the new 70-seater is to be sold, is not yet known. The development of the vehicle began in 2017 and was funded by the South Korean… Continue reading
When we talk about electric cars a very common but wrong rumor is that they only work well for city routes, but not for large journeys. Recent times have shown the opposite. Tesla, thanks to its network of Superchargers, has made it clear that with the right… Continue reading
