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.
German bus manufacturer Daimler Buses wants to mass produce the electric version of the Citaro from the end of 2018, after having increased sales and maintained operating profit in 2017. The Daimler Buses bus division reported today that it… Continue reading
Volkswagen has unveiled an unprecedented electric concept in the form of a buggy. About 70 years after the launch of the first buggy on California beaches, Volkswagen introduced the Buggy ID concept to demonstrate that these vehicles can still be upgraded and… Continue reading
Vattenfall and the city of Amsterdam are now jointly operating under the name Flexpower. "Flexpower" is said to be the largest smart charging network for electric vehicles in Amsterdam. Flexpower enables faster charging, the maximum use of electricity from… Continue reading
The MINI Electric is now close to debut. BMW is relying heavily on this model that electrifies one of its most iconic brands. The official presentation will be held on July 9th, but reservations have already been opened in… Continue reading
