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.
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Endesa has just launched the fifth edition of its Electric Mobility Plan for Employees, to promote the use of electric vehicles. This has been announced by Endesa in a statement in which it details that, although the sales figures of the… Continue reading
The manufacture of electric vehicles will triple in the next three years, according to a study by the European Federation for Transport and Environment (T&E), based on data by research firm IHS Markit, which indicates that this sector… Continue reading
