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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Kia has steadily expanded its range of hybrid and electric vehicles over the past few years and today is one of the world's leading suppliers of electrified electric vehicles. Kia starts selling the updated versions of the Niro Hybrid and the Niro Plug-in… Continue reading
Hyundai presents the new version of its Sonata Hybrid, which will receive two new features: a solar roof will be installed and the new Active Shift Control (ASC) transmission technology. The Sonata Hybrid sedan is powered by a… Continue reading
