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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Today, ahead of the Paris Motor Show, Renault has revealed a new ‘affordable’ all-electric crossover: the Renault K-ZE. "Groupe Renault was a pioneer and is the European leader in electric vehicles. We are introducing K-ZE, an affordable… Continue reading
The new Arc Vector high-performance electric motorcycle presented at EICMA 2018 will go into production at the end of 2020 with 399 units to be built in the first 18 months. This revolutionary motorcycle boasts the Human Interface… Continue reading
